Everpure (NYSE:P) Insider Sells $15,373,000.00 in Stock

October 15, 2026 by InsiderTrades.com

Key Points

Insider John Colgrove sold 100,000 Everpure shares for approximately $15.4 million, reducing his ownership by 3.98% to 2.415 million shares. The transaction occurred under a pre-arranged Rule 10b5-1 trading plan, and follows several other sizable sales.
Everpure reported strong quarterly results, with revenue rising 37.7% year over year to $1.19 billion and EPS of $0.70 beating the $0.19 analyst consensus.
Valuation remains a key risk: the stock trades at roughly 194 times earnings and has a PEG ratio above 5. Analysts maintain a “Moderate Buy” consensus, but the average $143.25 price target is below recent trading levels.

Everpure, Inc. (NYSE:P - Get Free Report) insider John Colgrove sold 100,000 shares of the stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $153.73, for a total value of $15,373,000.00. Following the sale, the insider directly owned 2,415,000 shares of the company's stock, valued at $371,257,950. The trade was a 3.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Thursday, September 24th, John Colgrove sold 100,000 shares of Everpure stock. The stock was sold at an average price of $115.96, for a total value of $11,596,000.00.
On Monday, September 21st, John Colgrove sold 100,000 shares of Everpure stock. The stock was sold at an average price of $110.35, for a total value of $11,035,000.00.
On Thursday, September 10th, John Colgrove sold 100,000 shares of Everpure stock. The stock was sold at an average price of $94.95, for a total value of $9,495,000.00.
On Friday, August 14th, John Colgrove sold 64,815 shares of Everpure stock. The shares were sold at an average price of $117.44, for a total value of $7,611,873.60.
On Thursday, August 13th, John Colgrove sold 100,000 shares of Everpure stock. The shares were sold at an average price of $117.21, for a total value 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 value 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 value 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 value of $3,167,001.85.
On Tuesday, August 4th, John Colgrove sold 89,720 shares of Everpure stock. The stock was sold at an average price of $85.66, for a total transaction of $7,685,415.20.

Everpure Stock Down 10.0%

Shares of NYSE:P opened at $141.26 on Thursday. The stock has a market cap of $47.07 billion, a P/E ratio of 193.79, a P/E/G ratio of 5.24 and a beta of 1.39. The business has a 50-day moving average of $114.28. Everpure, Inc. has a fifty-two week low of $56.78 and a fifty-two week high of $157.57.

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Everpure (NYSE:P - Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.19 by $0.51. Everpure had a net margin of 5.94% and a return on equity of 19.06%. The business had revenue of $1.19 billion during the quarter. The business's revenue was up 37.7% compared to the same quarter last year. As a group, analysts predict that Everpure, Inc. will post 0.95 EPS for the current year.

Institutional Investors Weigh In On Everpure

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Family Legacy Financial Solutions LLC lifted its holdings in Everpure by 3.6% during the third quarter. Family Legacy Financial Solutions LLC now owns 2,113 shares of the company's stock valued at $276,000 after purchasing an additional 73 shares during the last quarter. Fortitude Family Office LLC boosted its position in Everpure by 49.0% during the third quarter. Fortitude Family Office LLC now owns 362 shares of the company's stock worth $47,000 after purchasing an additional 119 shares during the period. NorthCrest Asset Manangement LLC increased its stake in shares of Everpure by 5.0% in the third quarter. NorthCrest Asset Manangement LLC now owns 4,698 shares of the company's stock worth $614,000 after purchasing an additional 224 shares in the last quarter. Continuum Advisory LLC purchased a new position in shares of Everpure in the second quarter worth about $29,000. Finally, Farther Finance Advisors LLC increased its stake in shares of Everpure by 12.3% in the third quarter. Farther Finance Advisors LLC now owns 3,562 shares of the company's stock worth $466,000 after purchasing an additional 389 shares in the last quarter. 83.42% of the stock is currently owned by institutional investors.

Key Stories Impacting Everpure

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Here are the key news stories impacting Everpure this week:

Positive Sentiment: Everpure’s fundamental growth remains a key support. The company’s latest quarterly revenue rose 37.7% year over year to $1.19 billion, while earnings per share of $0.70 significantly exceeded the $0.19 consensus estimate. An analysis also suggests profits could nearly double, although that potential is already reflected in the valuation. Everpure Could Almost Double Its Profit, But Valuation Remains High
Positive Sentiment: Analyst sentiment is generally favorable: 17 analysts rate Everpure a Buy, four rate it a Hold, and one rates it a Sell. The consensus rating is “Moderate Buy,” although the average price target of $143.25 is below recent trading levels, limiting near-term upside implied by analyst targets.
Neutral Sentiment: A broader market selloff affected Everpure and other technology stocks after September inflation came in at 3.7%, above expectations. Rising energy costs pushed bond yields higher, increasing pressure on richly valued growth companies. RUM Group, Everpure, WEBTOON, Magnite, and Kyndryl Shares Are Falling
Negative Sentiment: Valuation is a significant risk. Everpure trades at roughly 193 times earnings, with a PEG ratio above 5, meaning the stock could remain vulnerable to a pullback if growth slows or results fail to exceed ambitious expectations.
Negative Sentiment: Insider selling may be weighing on sentiment. Director Andrew Brown sold 4,268 shares, Chief Accounting Officer Mona Chu sold 5,112 shares, and insider John Colgrove sold 100,000 shares worth approximately $15.4 million. Colgrove’s transaction was executed under a pre-arranged Rule 10b5-1 plan, which reduces its value as a signal about management’s outlook, but the volume of sales can still concern investors. SEC insider transaction filing

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on P shares. Weiss Ratings upgraded shares of Everpure from a "hold (c)" rating to a "hold (c+)" rating in a research note on Tuesday, September 29th. Wedbush reaffirmed an "outperform" rating and issued a $130.00 price target on shares of Everpure in a report on Thursday, September 24th. Evercore reiterated an "outperform" rating and issued a $145.00 price objective on shares of Everpure in a research note on Thursday, September 24th. Cantor Fitzgerald reissued a "neutral" rating on shares of Everpure in a report on Monday. Finally, UBS Group increased their price objective on Everpure from $70.00 to $80.00 and gave the company a "sell" rating in a report on Thursday, August 27th. Seventeen equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Everpure currently has an average rating of "Moderate Buy" and an average price target of $143.25.

View Our Latest Research Report on Everpure

About Everpure

(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.