Everpure, Inc. $P Shares Sold by WoodTrust Financial Corp

Key Points

• WoodTrust Financial reduced its Everpure stake by 31.7% in the third quarter, selling 7,565 shares and retaining 16,275 shares valued at approximately $2.13 million. Institutional investors and hedge funds still own about 83.4% of the company.
• Everpure reported strong operating momentum, with quarterly revenue up 37.7% year over year and adjusted earnings of $0.70 per share, well above the $0.19 analyst consensus. Analysts maintain a generally positive view, with a “Moderate Buy” consensus and a $140 average price target.
• Valuation and insider selling remain key risks. The stock trades at roughly 210 times earnings, while insiders—including directors and executives—have sold substantial amounts of shares, mostly through pre-arranged Rule 10b5-1 plans.

WoodTrust Financial Corp cut its holdings in shares of Everpure, Inc. (NYSE:P - Free Report) by 31.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,275 shares of the company's stock after selling 7,565 shares during the quarter. WoodTrust Financial Corp's holdings in Everpure were worth $2,129,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Continuum Advisory LLC acquired a new stake in shares of Everpure during the second quarter worth approximately $29,000. Reflection Asset Management bought a new position in Everpure during the 4th quarter valued at $32,000. SHP Wealth Management bought a new position in Everpure during the 4th quarter valued at $36,000. Ancora Advisors LLC acquired a new position in Everpure during the 2nd quarter worth $67,000. Finally, Strive Financial Group LLC acquired a new position in Everpure during the 2nd quarter worth $158,000. 83.42% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Everpure

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: Needham raised its price target from $150 to $185 and maintained a “Buy” rating. The target increase reflects confidence that Everpure’s expanded growth opportunities could support further gains. Needham raises Everpure price target
• Positive Sentiment: Management continues to highlight enterprise market-share gains and opportunities beyond traditional storage. Recent commentary points to AI-related demand in India, hyperscale solutions and modern data-management software as ways Everpure can expand its total addressable market. Everpure expands its addressable market
• Positive Sentiment: Fundamental momentum remains strong. Everpure’s latest quarterly results showed revenue growth of 37.7% year over year, while earnings per share significantly exceeded analyst expectations. Institutional investors also own approximately 83% of the shares, indicating substantial ownership by professional investors. Everpure growth and storage demand
• Neutral Sentiment: Valuation is the main risk. Everpure trades at more than 200 times reported earnings and at a high multiple even after adjusting for stock-based compensation. Investors are therefore pricing in sustained earnings growth from AI, enterprise and hyperscale demand. Everpure valuation analysis
• Negative Sentiment: Director Mallun Yen sold 11,942 shares worth approximately $1.76 million. The transaction reduced her holdings by 27.59%, although it was executed under a pre-arranged Rule 10b5-1 trading plan and may represent scheduled profit-taking rather than a negative view of the company. Everpure director stock sale

Everpure Trading Up 1.8%

P traded up $2.71 on Friday, hitting $153.28. 1,802,510 shares of the company's stock were exchanged, compared to its average volume of 3,791,945. The company's fifty day simple moving average is $108.63. Everpure, Inc. has a twelve month low of $56.78 and a twelve month high of $157.05. The firm has a market capitalization of $51.08 billion, a price-to-earnings ratio of 209.82, a PEG ratio of 5.09 and a beta of 1.39.

Everpure (NYSE:P - Get Free Report) last issued its earnings results on Wednesday, August 26th. The company reported $0.70 EPS for the quarter, beating analysts' consensus estimates of $0.19 by $0.51. The company had revenue of $1.19 billion during the quarter. Everpure had a return on equity of 19.06% and a net margin of 5.94%.The business's quarterly revenue was up 37.7% compared to the same quarter last year. On average, equities analysts expect that Everpure, Inc. will post 0.95 EPS for the current fiscal year.

Analysts Set New Price Targets

P has been the topic of a number of recent analyst reports. Raymond James Financial restated an "outperform" rating and issued a $122.00 target price on shares of Everpure in a research note on Thursday, August 27th. JPMorgan Chase & Co. boosted their price objective on Everpure from $130.00 to $145.00 and gave the company an "overweight" rating in a report on Thursday, August 27th. Guggenheim restated a "buy" rating and set a $150.00 price objective on shares of Everpure in a research note on Thursday, September 24th. Oppenheimer restated an "outperform" rating and set a $140.00 price objective on shares of Everpure in a research note on Thursday, August 20th. Finally, Barclays increased their target price on Everpure from $110.00 to $132.00 and gave the stock an "equal weight" rating in a report on Friday, September 25th. Seventeen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $140.00.

Insider Buying and Selling

In related news, insider John Colgrove sold 200,000 shares of the company's stock in a transaction on Monday, August 10th. The stock was sold at an average price of $96.98, for a total transaction of $19,396,000.00. Following the completion of the transaction, the insider directly owned 6,474,080 shares in the company, valued at $627,856,278.40. This represents a 3.00% decrease in their position. The sale 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, insider Ajay Singh sold 42,930 shares of the stock in a transaction on Thursday, September 24th. The stock was sold at an average price of $124.17, for a total value of $5,330,618.10. Following the completion of the sale, the insider directly owned 288,362 shares in the company, valued at $35,805,909.54. This represents a 12.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 947,444 shares of company stock valued at $99,631,875 in the last 90 days. Insiders own 5.10% of the company's stock.

Everpure 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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