Purple Innovation (PRPL) News Today

Purple Innovation, Inc. (NASDAQ:PRPL - Free Report) - Equities research analysts at Wedbush decreased their Q2 2024 earnings estimates for shares of Purple Innovation in a research note issued on Tuesday, July 9th. Wedbush analyst S. Basham now forecasts that the company will post earnings of ($0

Purple Innovation, Inc. (NASDAQ:PRPL - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the six brokerages that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy re

Purple Innovation, Inc. (NASDAQ:PRPL - Get Free Report) CEO Robert Demartini bought 51,061 shares of Purple Innovation stock in a transaction on Wednesday, June 26th. The stock was acquired at an average price of $0.98 per share, with a total value of $50,039.78. Following the completion of the purchase, the chief executive officer now directly owns 514,730 shares of the company's stock, valued at $504,435.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Sierra Summit Advisors LLC purchased a new position in Purple Innovation, Inc. (NASDAQ:PRPL - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 970,772 shares of the com

Purple Innovation, Inc. (NASDAQ:PRPL - Get Free Report) has been given an average rating of "Moderate Buy" by the six research firms that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the

Fund 1 Investments LLC lowered its stake in shares of Purple Innovation, Inc. (NASDAQ:PRPL - Free Report) by 58.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 624,626 shares of the c

Purple Innovation, Inc. (NASDAQ:PRPL - Free Report) - Stock analysts at Roth Capital cut their Q2 2024 earnings estimates for Purple Innovation in a research note issued to investors on Wednesday, May 8th. Roth Capital analyst M. Koranda now forecasts that the company will post earnings of ($0.13

Wedbush reaffirmed an "outperform" rating and set a $2.25 target price on shares of Purple Innovation in a research report on Wednesday.

Purple Innovation (NASDAQ:PRPL) will be releasing earnings after the market closes on Tuesday, May 7, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=592187)

Purple Innovation, Inc. (NASDAQ:PRPL - Get Free Report) was the target of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 4,250,000 shares, a decrease of 26.7% from the March 31st total of 5,800,000 shares. Based on an average daily volume of 851,900 shares, the short-interest ratio is presently 5.0 days.

Purple Innovation, Inc. (NASDAQ:PRPL - Free Report) - Roth Capital issued their Q2 2025 earnings per share (EPS) estimates for shares of Purple Innovation in a research note issued to investors on Thursday, March 21st. Roth Capital analyst M. Koranda forecasts that the company will earn ($0.07) p

Purple Innovation, Inc. (NASDAQ:PRPL - Free Report) - Research analysts at Wedbush decreased their Q1 2024 earnings per share (EPS) estimates for Purple Innovation in a report issued on Wednesday, March 13th. Wedbush analyst S. Basham now forecasts that the company will post earnings of ($0.14) p

Roth Mkm upgraded shares of Purple Innovation from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $2.00 to $2.50 in a research note on Wednesday.