Kesler Norman & Wride LLC acquired a new position in shares of Everpure, Inc. (NYSE:P – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 9,923 shares of the company’s stock, valued at approximately $665,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Provenance Wealth Advisors LLC purchased a new stake in Everpure during the 3rd quarter worth approximately $27,000. Sunbelt Securities Inc. increased its holdings in Everpure by 287.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 329 shares of the company’s stock worth $28,000 after purchasing an additional 244 shares during the last quarter. Foster Dykema Cabot & Partners LLC purchased a new stake in Everpure during the 3rd quarter worth approximately $28,000. Assetmark Inc. increased its holdings in Everpure by 186.6% during the 3rd quarter. Assetmark Inc. now owns 341 shares of the company’s stock worth $29,000 after purchasing an additional 222 shares during the last quarter. Finally, Banque Transatlantique SA purchased a new stake in Everpure during the 3rd quarter worth approximately $29,000. 83.42% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at Everpure
In related news, insider John Colgrove sold 200,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $85.93, for a total transaction of $17,186,000.00. Following the completion of the transaction, the insider owned 6,625,221 shares in the company, valued at $569,305,240.53. The trade was a 2.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 534,265 shares of company stock worth $41,321,234. Insiders own 5.10% of the company’s stock.
Wall Street Analysts Forecast Growth
View Our Latest Stock Report on P
Everpure Stock Down 2.4%
Shares of NYSE P opened at $80.98 on Thursday. Everpure, Inc. has a twelve month low of $50.20 and a twelve month high of $100.59. The company has a market capitalization of $26.76 billion, a PE ratio of 122.70, a PEG ratio of 5.88 and a beta of 1.44.
Everpure (NYSE:P – Get Free Report) last released its quarterly earnings data on Wednesday, May 27th. The company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.07. Everpure had a return on equity of 15.97% and a net margin of 5.75%.The business had revenue of $1.05 billion during the quarter, compared to analyst estimates of $997.88 million. During the same quarter in the previous year, the firm posted $0.29 EPS. The business’s revenue for the quarter was up 35.2% compared to the same quarter last year. On average, equities analysts forecast that Everpure, Inc. will post 0.73 EPS for the current year.
Everpure Company Profile
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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