Stock Traders Purchase Large Volume of Everpure Call Options (NYSE:P)

Posted by George Bondi on Aug 12th, 2026

Everpure, Inc. (NYSE:P – Get Free Report) saw unusually large options trading on Wednesday. Investors purchased 11,402 call options on the company. This is an increase of 59% compared to the average daily volume of 7,173 call options.

Everpure News Summary

Here are the key news stories impacting Everpure this week:

Positive Sentiment: Second major hyperscaler win: Everpure announced a design win and multiyear supply agreement with a second top-five hyperscaler. The customer will use Everpure’s DirectFlash architecture across multiple storage tiers in large-scale cloud data centers. Management expects the agreement to materially support revenue beginning in fiscal 2028, strengthening the company’s position in AI and other data-intensive workloads. Everpure Lands New Design Win with Second Top-Five Hyperscaler
Positive Sentiment: Analyst upgrade: Susquehanna upgraded Everpure to “Positive” from “Neutral” and raised its price target to $120 from $85. The higher target and endorsement add momentum following the hyperscaler announcement. Everpure pops up 10%; Susquehanna upgrades to Positive rating
Positive Sentiment: Strong options activity: Investors purchased 11,402 call options, 59% above typical call volume. The activity suggests increased speculative or hedging interest in further upside, though options flow is not necessarily a reliable indicator of fundamentals.
Positive Sentiment: Supportive industry backdrop: Morgan Stanley said rising memory prices could accelerate enterprise and AI infrastructure spending, potentially benefiting storage and data-management companies such as Everpure. The company’s latest quarterly results also exceeded consensus estimates for earnings and revenue, with revenue growth of 35.2% year over year.
Neutral Sentiment: High expectations: Everpure’s valuation is demanding, with a trailing price-to-earnings ratio above 160 and a PEG ratio above 5.5. Future performance may depend heavily on execution and the timing of hyperscaler-related revenue.
Negative Sentiment: Insider selling: Insider John Colgrove sold a combined 235,185 shares for approximately $22.6 million. The transactions were conducted under a pre-arranged Rule 10b5-1 plan, reducing their bearish significance, and he continues to own more than 6.4 million shares. SEC insider transaction filing

Wall Street Analysts Forecast Growth

P has been the topic of several recent analyst reports. Lake Street Capital increased their price target on shares of Everpure from $90.00 to $94.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Wells Fargo & Company boosted their price objective on shares of Everpure from $90.00 to $97.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. Weiss Ratings restated a “hold (c)” rating on shares of Everpure in a report on Friday, July 17th. Zacks Research downgraded shares of Everpure from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Finally, DA Davidson set a $100.00 price target on shares of Everpure in a research note on Wednesday, July 1st. Sixteen investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Everpure presently has an average rating of “Moderate Buy” and a consensus target price of $99.70.

Read Our Latest Analysis on P

Everpure Stock Performance

Shares of NYSE P traded up $2.16 during trading hours on Wednesday, reaching $111.54. The stock had a trading volume of 2,484,171 shares, compared to its average volume of 3,280,372. The business’s 50-day simple moving average is $76.33. The stock has a market capitalization of $37.08 billion, a price-to-earnings ratio of 169.00, a price-to-earnings-growth ratio of 5.54 and a beta of 1.45. Everpure has a fifty-two week low of $54.37 and a fifty-two week high of $113.80.

Everpure (NYSE:P – Get Free Report) last released its quarterly earnings results on Wednesday, May 27th. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.40 by $0.07. Everpure had a return on equity of 15.97% and a net margin of 5.75%.The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $997.88 million. During the same quarter in the previous year, the company posted $0.29 earnings per share. The firm’s revenue was up 35.2% compared to the same quarter last year. Equities analysts anticipate that Everpure will post 0.92 EPS for the current fiscal year.

Insider Activity at Everpure

In other news, insider Ajay Singh sold 9,787 shares of the stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $78.12, for a total value of $764,560.44. Following the transaction, the insider owned 340,939 shares in the company, valued at approximately $26,634,154.68. This represents a 2.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Susan J.S. Taylor sold 8,543 shares of the firm’s stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $81.74, for a total value of $698,304.82. Following the sale, the director directly owned 94,608 shares in the company, valued at $7,733,257.92. This trade represents a 8.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 562,985 shares of company stock worth $48,382,008 over the last three months. Company insiders own 5.10% of the company’s stock.

Hedge Funds Weigh In On Everpure

A number of institutional investors have recently modified their holdings of the business. Salomon & Ludwin LLC raised its position in Everpure by 108.2% in the 4th quarter. Salomon & Ludwin LLC now owns 383 shares of the company’s stock valued at $27,000 after purchasing an additional 199 shares during the last quarter. Sunbelt Securities Inc. grew its position 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. Cornerstone Planning Group LLC grew its position in Everpure by 2,884.6% during the 4th quarter. Cornerstone Planning Group LLC now owns 388 shares of the company’s stock worth $29,000 after purchasing an additional 375 shares during the last quarter. Banque Transatlantique SA acquired a new position in Everpure in the third quarter valued at $29,000. Finally, Reflection Asset Management acquired a new position in Everpure in the fourth quarter valued at $32,000. 83.42% of the stock is owned by institutional investors and hedge funds.

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.