Everpure, Inc. (NYSE:P - Get Free Report) insider John Colgrove sold 64,815 shares of the firm's stock in a transaction on Friday, August 14th. The shares were sold at an average price of $117.44, for a total value of $7,611,873.60. Following the completion of the transaction, the insider owned 6,074,080 shares in the company, valued at $713,339,955.20. The trade was a 1.06% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed 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, August 13th, John Colgrove sold 100,000 shares of Everpure stock. The stock was sold at an average price of $117.21, for a total transaction of $11,721,000.00.
- On Tuesday, August 11th, John Colgrove sold 100,000 shares of Everpure stock. The shares were sold at an average price of $104.39, for a total transaction of $10,439,000.00.
- On Monday, August 10th, John Colgrove sold 200,000 shares of Everpure stock. The stock was sold at an average price of $96.98, for a total transaction of $19,396,000.00.
- On Friday, August 7th, John Colgrove sold 35,185 shares of Everpure stock. The stock was sold at an average price of $90.01, for a total transaction of $3,167,001.85.
- On Tuesday, August 4th, John Colgrove sold 89,720 shares of Everpure stock. The shares were sold at an average price of $85.66, for a total transaction of $7,685,415.20.
- On Friday, July 10th, John Colgrove sold 100,000 shares of Everpure stock. The shares were sold at an average price of $79.82, for a total transaction of $7,982,000.00.
- On Friday, June 12th, John Colgrove sold 99,900 shares of Everpure stock. The stock was sold at an average price of $71.04, for a total value of $7,096,896.00.
- On Wednesday, June 10th, John Colgrove sold 100 shares of Everpure stock. The shares were sold at an average price of $70.00, for a total value of $7,000.00.
- On Tuesday, June 2nd, John Colgrove sold 10,280 shares of Everpure stock. The shares were sold at an average price of $85.32, for a total value of $877,089.60.
Everpure Stock Performance
Shares of Everpure stock opened at $117.03 on Tuesday. Everpure, Inc. has a one year low of $54.37 and a one year high of $118.81. The stock has a market capitalization of $38.90 billion, a P/E ratio of 177.32, a price-to-earnings-growth ratio of 6.63 and a beta of 1.45. The stock's 50 day moving average is $79.50.
Everpure (NYSE:P - Get Free Report) last issued its earnings results on Wednesday, May 27th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.07. The company had revenue of $1.05 billion during the quarter, compared to analysts' expectations of $997.88 million. Everpure had a return on equity of 15.97% and a net margin of 5.75%.The firm's quarterly revenue was up 35.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.29 EPS. Equities analysts predict that Everpure, Inc. will post 0.93 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the stock. Lake Street Capital raised their price objective on shares of Everpure from $90.00 to $94.00 and gave the stock a "buy" rating in a research report on Thursday, May 28th. TD Cowen reissued a "buy" rating on shares of Everpure in a research note on Wednesday, July 1st. Zacks Research lowered shares of Everpure from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 27th. Piper Sandler reiterated an "overweight" rating on shares of Everpure in a report on Thursday, May 28th. Finally, Guggenheim increased their price objective on Everpure from $115.00 to $150.00 and gave the stock a "buy" rating in a research report on Thursday. Sixteen investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $101.45.
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Institutional Investors Weigh In On Everpure
Institutional investors and hedge funds have recently modified their holdings of the company. State Street Corp lifted its stake in Everpure by 0.8% during the 4th quarter. State Street Corp now owns 10,953,501 shares of the company's stock worth $733,994,000 after acquiring an additional 88,583 shares in the last quarter. Geode Capital Management LLC grew its position in Everpure by 2.8% in the 4th quarter. Geode Capital Management LLC now owns 7,716,158 shares of the company's stock valued at $515,972,000 after acquiring an additional 207,317 shares in the last quarter. Norges Bank acquired a new position in Everpure in the 4th quarter valued at about $265,327,000. Atreides Management LP acquired a new position in Everpure in the 2nd quarter valued at about $204,552,000. Finally, AQR Capital Management LLC increased its stake in Everpure by 62.7% during the fourth quarter. AQR Capital Management LLC now owns 3,414,715 shares of the company's stock worth $228,820,000 after purchasing an additional 1,315,351 shares during the period. Hedge funds and other institutional investors own 83.42% of the company's stock.
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.
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