Everpure (NYSE:P) Trading Down 7.4% on Insider Selling

Posted by Geri Gentry on Jul 15th, 2026

Shares of Everpure, Inc. (NYSE:P – Get Free Report) were down 7.4% on Wednesday after an insider sold shares in the company. The stock traded as low as $73.20 and last traded at $71.3650. Approximately 310,281 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 3,361,105 shares. The stock had previously closed at $77.03.

Specifically, insider John Colgrove sold 100,000 shares of the company’s stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $79.82, for a total transaction of $7,982,000.00. Following the completion of the sale, the insider directly owned 2,565,000 shares of the company’s stock, valued at approximately $204,738,300. This represents a 3.75% 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. Also, Director Susan J.S. Taylor sold 8,543 shares of the stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $81.74, for a total value of $698,304.82. Following the completion of the sale, the director owned 94,608 shares of the company’s stock, valued at $7,733,257.92. The trade was a 8.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In other news, insider Ajay Singh sold 9,787 shares of the stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $78.12, for a total value of $764,560.44. Following the completion of the sale, the insider directly owned 340,939 shares of the company’s stock, valued at $26,634,154.68. This represents a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on P shares. DA Davidson set a $100.00 price objective on Everpure in a research report on Wednesday, July 1st. Lake Street Capital boosted their target price on Everpure from $90.00 to $94.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Piper Sandler reaffirmed an “overweight” rating on shares of Everpure in a research report on Thursday, May 28th. Weiss Ratings initiated coverage on Everpure in a report on Monday, April 20th. They set a “hold (c)” rating on the stock. Finally, Barclays lifted their price target on shares of Everpure from $81.00 to $84.00 and gave the company an “equal weight” rating in a research report on Thursday, May 28th. Thirteen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Everpure has an average rating of “Moderate Buy” and an average target price of $96.50.

View Our Latest Research Report on P

Key Stories Impacting Everpure

Here are the key news stories impacting Everpure this week:

Positive Sentiment: Shares moved higher after a report said IBM’s revenue warning implied enterprise IT budgets are shifting toward server and memory spending, a trend that can benefit storage and infrastructure names like Everpure. Everpure and NetApp Stocks Trade Up, What You Need To Know
Positive Sentiment: Everpure’s latest quarterly results were strong, with EPS and revenue both beating expectations and revenue rising 35.2% year over year, supporting the stock’s premium valuation.
Neutral Sentiment: Wall Street remains constructive overall, with a consensus “Moderate Buy” rating and a $96.50 average price target, suggesting analysts still see upside from current levels.
Negative Sentiment: Recent insider selling may be weighing on investor confidence: Director Susan J.S. Taylor sold 8,543 shares, and insider John Colgrove sold 100,000 shares under a pre-arranged 10b5-1 plan. Everpure (NYSE:P) Insider Selling: Insider Sells 100,000 Shares

Everpure Stock Performance

The firm has a market capitalization of $23.72 billion, a price-to-earnings ratio of 108.54, a price-to-earnings-growth ratio of 4.26 and a beta of 1.45. The company has a 50-day moving average price of $77.29.

Everpure (NYSE:P – Get Free Report) last released its earnings results 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. The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $997.88 million. Everpure had a return on equity of 15.97% and a net margin of 5.75%.The company’s revenue was up 35.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.29 EPS. On average, research analysts forecast that Everpure, Inc. will post 0.92 EPS for the current fiscal year.

Institutional Investors Weigh In On Everpure

Several hedge funds and other institutional investors have recently modified their holdings of the stock. One Capital Management LLC grew its position in shares of Everpure by 1.0% in the 3rd quarter. One Capital Management LLC now owns 14,750 shares of the company’s stock valued at $1,236,000 after buying an additional 141 shares during the last quarter. Rothschild Investment LLC lifted its position in shares of Everpure by 18.1% during the 4th quarter. Rothschild Investment LLC now owns 993 shares of the company’s stock valued at $67,000 after acquiring an additional 152 shares during the period. GraniteShares Advisors LLC increased its stake in Everpure by 2.3% in the fourth quarter. GraniteShares Advisors LLC now owns 6,918 shares of the company’s stock valued at $464,000 after purchasing an additional 157 shares in the last quarter. GAMMA Investing LLC increased its stake in Everpure by 2.4% in the fourth quarter. GAMMA Investing LLC now owns 6,938 shares of the company’s stock valued at $465,000 after purchasing an additional 164 shares in the last quarter. Finally, Transamerica Financial Advisors LLC raised its holdings in shares of Everpure by 50.3% during the fourth quarter. Transamerica Financial Advisors LLC now owns 508 shares of the company’s stock valued at $34,000 after purchasing an additional 170 shares during the period. Institutional investors and hedge funds 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.