Everpure, Inc. (NYSE:P - Get Free Report) insider John Colgrove sold 28,935 shares of Everpure stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $70.01, for a total value of $2,025,739.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
John Colgrove also recently made the following trade(s):
- On Thursday, April 23rd, John Colgrove sold 71,959 shares of Everpure stock. The shares were sold at an average price of $70.06, for a total value of $5,041,447.54.
- On Wednesday, April 22nd, John Colgrove sold 82,266 shares of Everpure stock. The shares were sold at an average price of $70.50, for a total value of $5,799,753.00.
- On Tuesday, April 21st, John Colgrove sold 16,840 shares of Everpure stock. The shares were sold at an average price of $70.06, for a total value of $1,179,810.40.
Everpure Stock Performance
P opened at $70.86 on Wednesday. Everpure, Inc. has a 1 year low of $43.51 and a 1 year high of $100.59. The stock has a market capitalization of $23.42 billion, a price-to-earnings ratio of 129.77, a PEG ratio of 5.52 and a beta of 1.34.
Everpure (NYSE:P - Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.04. Everpure had a return on equity of 14.36% and a net margin of 5.14%.The firm had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same quarter last year, the business posted $0.45 EPS. The company's revenue for the quarter was up 20.4% on a year-over-year basis. On average, analysts expect that Everpure, Inc. will post 0.72 EPS for the current fiscal year.
Hedge Funds Weigh In On Everpure
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Winnow Wealth LLC acquired a new position in shares of Everpure in the third quarter valued at approximately $26,000. Provenance Wealth Advisors LLC acquired a new position in shares of Everpure in the third quarter valued at approximately $27,000. Sunbelt Securities Inc. grew its position in shares of Everpure by 287.1% in the third quarter. Sunbelt Securities Inc. now owns 329 shares of the company's stock valued at $28,000 after purchasing an additional 244 shares during the last quarter. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Everpure in the third quarter valued at approximately $28,000. Finally, Assetmark Inc. grew its position in shares of Everpure by 186.6% in the third quarter. Assetmark Inc. now owns 341 shares of the company's stock valued at $29,000 after purchasing an additional 222 shares during the last quarter. Institutional investors own 83.42% of the company's stock.
Analyst Ratings Changes
P has been the topic of a number of recent research reports. Wedbush reaffirmed an "outperform" rating and issued a $100.00 target price on shares of Everpure in a research report on Monday, February 23rd. UBS Group lifted their target price on Everpure from $60.00 to $63.00 and gave the company a "sell" rating in a research report on Thursday, February 26th. Piper Sandler reaffirmed a "buy" rating on shares of Everpure in a research report on Thursday, February 26th. Wells Fargo & Company lowered their target price on Everpure from $100.00 to $90.00 and set an "overweight" rating on the stock in a research report on Thursday, February 26th. Finally, Citigroup lowered their target price on Everpure from $105.00 to $90.00 and set a "buy" rating on the stock in a research report on Tuesday, February 17th. Thirteen equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $93.21.
Check Out Our Latest Research Report on Everpure
Everpure Company Profile
(
Get Free Report)
Pure Storage, Inc provides data storage technologies, products, and services in the United States and internationally. The company's Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array.
Further Reading
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