Everpure (NYSE:P) Insider John Colgrove Sells 27,578 Shares

Key Points

  • John Colgrove, an Everpure insider, sold 27,578 shares on May 6 at $75.01 for about $2.07M and executed multiple large sales May 5–7 totaling over ~134,000 shares under a pre‑arranged Rule 10b5‑1 plan, materially reducing his holdings.
  • Everpure beat quarterly estimates (EPS $0.69 vs. $0.65; revenue $1.06B, +20% YoY), but trades at a high valuation (P/E ~137.9) and carries a consensus "Moderate Buy" with a ~ $93.21 target from analysts.

Everpure, Inc. (NYSE:P - Get Free Report) insider John Colgrove sold 27,578 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $75.01, for a total transaction of $2,068,625.78. Following the completion of the transaction, the insider directly owned 496,802 shares of the company's stock, valued at approximately $37,265,118.02. The trade was a 5.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Colgrove also recently made the following trade(s):

  • On Thursday, May 7th, John Colgrove sold 29,108 shares of Everpure stock. The shares were sold at an average price of $75.31, for a total value of $2,192,123.48.
  • On Tuesday, May 5th, John Colgrove sold 77,579 shares of Everpure stock. The stock was sold at an average price of $75.12, for a total value of $5,827,734.48.
  • On Friday, April 24th, John Colgrove sold 28,935 shares of Everpure stock. The stock was sold at an average price of $70.01, for a total value of $2,025,739.35.
  • 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




Shares of P stock opened at $75.85 on Friday. The firm has a market capitalization of $25.07 billion, a P/E ratio of 137.91, a PEG ratio of 5.56 and a beta of 1.44. Everpure, Inc. has a twelve month low of $47.64 and a twelve month high of $100.59.

Everpure (NYSE:P - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.69 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 business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same quarter last year, the firm posted $0.45 earnings per share. The company's revenue for the quarter was up 20.4% on a year-over-year basis. As a group, equities analysts anticipate that Everpure, Inc. will post 0.72 earnings per share for the current fiscal year.

Institutional Trading of Everpure

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Westfield Capital Management Co. LP raised its holdings in Everpure by 69.4% in the 3rd quarter. Westfield Capital Management Co. LP now owns 1,751,558 shares of the company's stock worth $146,798,000 after acquiring an additional 717,834 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S lifted its position in Everpure by 96.3% in the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 31,166 shares of the company's stock valued at $2,612,000 after acquiring an additional 15,286 shares in the last quarter. AlTi Global Inc. purchased a new stake in Everpure during the 3rd quarter valued at $2,517,000. ARK Investment Management LLC increased its holdings in shares of Everpure by 12.6% in the 3rd quarter. ARK Investment Management LLC now owns 347,093 shares of the company's stock worth $29,090,000 after purchasing an additional 38,768 shares in the last quarter. Finally, RBA Wealth Management LLC bought a new stake in shares of Everpure in the 3rd quarter worth $5,964,000. 83.42% of the stock is currently owned by institutional investors.

More Everpure News

Here are the key news stories impacting Everpure this week:

  • Positive Sentiment: Recent quarterly results showed a beat on both EPS and revenue (quarterly EPS $0.69 vs. $0.65 estimate; revenue $1.06B vs. $1.03B), with revenue up ~20% year‑over‑year — a catalyst supporting the stock’s upward move. Read More.
  • Neutral Sentiment: Management announced a conference call to report first‑quarter fiscal 2027 results on May 27; the scheduled release and call create a near‑term event that can drive volatility but also provide fresh guidance. Read More.
  • Neutral Sentiment: Analyst/coverage pieces are pointing to strong recent share gains and re‑rating discussions after a multi‑week rally; that attention can attract momentum buyers but raises valuation scrutiny (high P/E). Read More.
  • Negative Sentiment: Senior insider John Colgrove sold substantial blocks of stock across May 5–7 (totaling over ~134,000 shares across filings), reducing his holdings by double‑digit percentages in some filings — a signal investors often view negatively. The sales were executed under a pre‑arranged Rule 10b5‑1 plan, which tempers but does not eliminate market concern. Read More.

Wall Street Analyst Weigh In

P has been the topic of several research reports. Wells Fargo & Company dropped their price objective on shares of Everpure from $100.00 to $90.00 and set an "overweight" rating on the stock in a research note on Thursday, February 26th. Piper Sandler reaffirmed a "buy" rating on shares of Everpure in a research note on Thursday, February 26th. Citigroup lowered their target price on shares of Everpure from $105.00 to $90.00 and set a "buy" rating for the company in a report on Tuesday, February 17th. Northland Securities raised Everpure from a "market perform" rating to an "outperform" rating and boosted their price target for the stock from $77.00 to $81.00 in a research report on Monday, March 9th. Finally, Barclays upped their price target on Everpure from $77.00 to $81.00 and gave the stock an "equal weight" rating in a research note on Thursday, February 26th. Thirteen equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Everpure has a consensus rating of "Moderate Buy" and a consensus target price of $93.21.

Read Our Latest 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.

See Also

Insider Buying and Selling by Quarter for Everpure (NYSE:P)

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