Everpure (NYSE:P) Trading Down 5.2% After Insider Selling

Posted by George Bondi on Sep 24th, 2026

Everpure, Inc. (NYSE:P – Get Free Report)’s stock price traded down 5.2% during mid-day trading on Tuesday following insider selling activity. The company traded as low as $107.20 and last traded at $107.7910. 622,842 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 3,674,111 shares. The stock had previously closed at $113.66.

Specifically, insider John Colgrove sold 100,000 shares of Everpure stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $110.35, for a total transaction of $11,035,000.00. Following the completion of the transaction, the insider owned 5,993,309 shares of the company’s stock, valued at $661,361,648.15. The trade was a 1.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on P shares. Raymond James Financial reiterated an “outperform” rating and issued a $122.00 price objective on shares of Everpure in a research report on Thursday, August 27th. Piper Sandler reaffirmed an “overweight” rating and issued a $133.00 price target (up from $92.00) on shares of Everpure in a research note on Thursday, August 27th. Needham & Company LLC initiated coverage on shares of Everpure in a report on Thursday, September 17th. They issued a “buy” rating and a $140.00 price target on the stock. Oppenheimer restated an “outperform” rating and issued a $140.00 price objective on shares of Everpure in a report on Thursday, August 20th. Finally, UBS Group raised their target price on shares of Everpure from $70.00 to $80.00 and gave the stock a “sell” rating in a research report on Thursday, August 27th. Seventeen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Everpure has an average rating of “Moderate Buy” and a consensus target price of $129.10.

View Our Latest Research Report on Everpure

Everpure News Summary

Here are the key news stories impacting Everpure this week:

Positive Sentiment: Everpure reaffirmed its fiscal 2027 outlook and issued preliminary fiscal 2028 guidance calling for accelerating growth. Management highlighted four strategic growth vectors intended to support durable expansion as the company broadens its storage and data-management business. Everpure Shares Gain on Guidance for Accelerating Growth in FY28
Positive Sentiment: The new long-term outlook is supported by an expanding business model and management’s expectation of durable, accelerated growth. The reaffirmation of near-term guidance may provide investors with greater confidence that recent momentum can continue. Everpure’s Expanding Business Model Fuels New Long-Term Outlook
Positive Sentiment: Everpure was named a Leader in the 2026 Gartner Magic Quadrant for Infrastructure Platform Consumption Services for the second consecutive year, ranking highest in execution and furthest in vision. The recognition could strengthen the company’s credibility with enterprise customers and support adoption of its consumption-based offerings. Everpure Recognized as a Leader in the 2026 Gartner Magic Quadrant
Neutral Sentiment: Everpure’s latest reported quarter showed strong momentum, with revenue increasing 37.7% year over year and adjusted earnings substantially exceeding consensus estimates. However, the stock’s roughly 150 price-to-earnings ratio leaves limited room for execution missteps.
Negative Sentiment: Insider John Colgrove sold 100,000 shares for approximately $11 million. The transaction occurred under a pre-arranged Rule 10b5-1 plan and was intended to cover tax withholding on vested equity awards, reducing its significance as a bearish signal, though repeated insider sales may still weigh on sentiment. Everpure Insider Sells 100,000 Shares

Everpure Price Performance

The firm has a market cap of $36.51 billion, a P/E ratio of 150.08, a PEG ratio of 4.46 and a beta of 1.43. The company’s 50 day moving average is $94.42.

Everpure (NYSE:P – Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The company reported $0.70 EPS for the quarter, beating 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 firm had revenue of $1.19 billion for the quarter. The company’s revenue for the quarter was up 37.7% on a year-over-year basis. Equities analysts expect that Everpure, Inc. will post 0.96 earnings per share for the current year.

Institutional Trading of Everpure

A number of institutional investors and hedge funds have recently modified their holdings of the stock. QRG Capital Management Inc. bought a new position in shares of Everpure during the 2nd quarter worth approximately $1,110,000. Envestnet Portfolio Solutions Inc. bought a new position in shares of Everpure in the second quarter valued at $785,000. Andra AP fonden bought a new position in shares of Everpure in the second quarter valued at $5,230,000. Sequoia Financial Advisors LLC acquired a new position in shares of Everpure during the second quarter valued at about $814,000. Finally, Tidal Investments LLC bought a new stake in shares of Everpure during the second quarter worth about $14,252,000. 83.42% of the stock is owned by institutional investors.

Everpure Company Profile

(Get Free Report)

Everpure is a water-treatment and filtration brand owned by Pentair plc, rather than a separately listed company trading under the NYSE symbol P. The brand provides filtration and water-conditioning solutions for residential, commercial, foodservice, and beverage applications.

Its product portfolio includes water filters, cartridges, heads, manifolds, reverse-osmosis systems, scale-reduction products, and related treatment equipment. Everpure systems are used to improve water quality and help protect equipment in applications such as drinking-water dispensers, coffee and tea equipment, ice machines, restaurants, and other foodservice operations.

Everpure was established in 1933 and serves customers through Pentair’s global water-solutions business.