15,735 Shares in Everpure, Inc. $P Bought by Outfitters Financial LLC

Key Points

• Outfitters Financial LLC acquired 15,735 Everpure shares worth approximately $1.24 million during the second quarter. Institutional investors collectively own 83.42% of the company.
• Everpure reported quarterly earnings of $0.70 per share, far exceeding the $0.19 consensus estimate, while revenue rose 37.7% year over year to $1.19 billion. Analysts maintain a “Moderate Buy” consensus with an average price target of $129.10.
• Valuation and insider selling remain risks: the stock trades at a P/E ratio of 126.67, and insiders sold 817,520 shares worth about $77.3 million over the past quarter.

Outfitters Financial LLC bought a new position in shares of Everpure, Inc. (NYSE:P - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 15,735 shares of the company's stock, valued at approximately $1,240,000.

Several other large investors also recently bought and sold shares of P. Integrated Wealth Concepts LLC acquired a new stake in Everpure in the 1st quarter valued at about $541,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Everpure by 129.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,742 shares of the company's stock worth $387,000 after acquiring an additional 4,926 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Everpure by 109.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,137,939 shares of the company's stock worth $50,377,000 after acquiring an additional 595,307 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Everpure by 4.2% in the first quarter. Empowered Funds LLC now owns 4,790 shares of the company's stock valued at $212,000 after purchasing an additional 194 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Everpure by 261.1% in the second quarter. EverSource Wealth Advisors LLC now owns 3,203 shares of the company's stock valued at $184,000 after purchasing an additional 2,316 shares in the last quarter. Institutional investors and hedge funds own 83.42% of the company's stock.

Everpure News Summary

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: Partner milestone strengthens ecosystem credibility. ePlus became the first North American reseller or services partner to earn Everpure’s highest “Ambassador” certification. The designation could help validate Everpure’s partner strategy and support additional enterprise sales. ePlus Achieves Exclusive Ambassador Partner Status with Everpure
• Positive Sentiment: Analysts raised medium-term earnings forecasts. Northland Securities maintained an “Outperform” rating and a $128 price target while lifting its FY2027 EPS estimate to $1.05 from $0.93 and FY2028 EPS to $1.84 from $1.48. The firm also increased several quarterly estimates, including Q3 2027 and Q2-Q4 2028, suggesting confidence in Everpure’s growth trajectory. Northland Securities Everpure estimates
• Positive Sentiment: AI infrastructure demand remains a key growth driver. Coverage highlighted Everpure’s ability to address bottlenecks limiting artificial-intelligence deployments. This supports the investment case that demand for its infrastructure and technology services can continue expanding. Everpure excels at eliminating AI bottlenecks
• Positive Sentiment: Revenue visibility improved. Everpure’s remaining performance obligations rose 44%, and the company raised its FY2027 revenue outlook. A roughly $1 billion liquidity buffer also provides flexibility to fund expansion, although the company is currently generating negative cash flow. Why investors must hold Everpure stock
• Neutral Sentiment: Forecast revisions were mixed. Northland lowered estimates for Q1 2028 EPS to $0.16 from $0.17 and Q4 2027 EPS to $0.38 from $0.39, partially offsetting its broader upward revisions.
• Negative Sentiment: Valuation and cash burn could limit upside. With Everpure trading at a high earnings multiple and still reporting negative cash flow, investors may demand continued strong growth to justify the valuation. Any slowdown in AI spending or execution could pressure the stock.

Insider Activity

In other Everpure news, Director Andrew William Fraser Brown sold 4,735 shares of Everpure stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $72.57, for a total value of $343,618.95. Following the completion of the sale, the director directly owned 27,683 shares of the company's stock, valued at approximately $2,008,955.31. The trade was a 14.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Susan J.S. Taylor sold 8,543 shares of the business's 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 transaction, the director owned 94,608 shares of the company's stock, valued at $7,733,257.92. This trade represents a 8.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 817,520 shares of company stock valued at $77,276,792 over the last quarter. Insiders own 5.10% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on P. Barclays increased their price target on shares of Everpure from $84.00 to $110.00 and gave the company an "equal weight" rating in a research report on Friday, August 28th. Guggenheim reaffirmed a "buy" rating and issued a $150.00 target price on shares of Everpure in a research note on Thursday, August 27th. Northland Securities increased their target price on Everpure from $90.00 to $128.00 and gave the company an "outperform" rating in a report on Friday, August 28th. DA Davidson set a $100.00 target price on Everpure in a report on Wednesday, July 1st. Finally, Needham & Company LLC raised their price target on Everpure from $100.00 to $140.00 and gave the stock a "buy" rating in a research report on Thursday, August 27th. Seventeen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $129.10.

Everpure Price Performance

Everpure stock opened at $92.47 on Thursday. The firm has a market cap of $30.74 billion, a PE ratio of 126.67, a P/E/G ratio of 3.77 and a beta of 1.43. Everpure, Inc. has a 12-month low of $56.78 and a 12-month high of $119.10. The business's 50-day moving average price is $86.73.

Everpure (NYSE:P - Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The company reported $0.70 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.51. The business had revenue of $1.19 billion during the quarter. Everpure had a net margin of 5.94% and a return on equity of 19.06%. Everpure's revenue was up 37.7% compared to the same quarter last year. On average, equities research analysts predict that Everpure, Inc. will post 0.96 earnings per share for the current fiscal 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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