Outfitters Financial LLC bought a new position in Everpure, Inc. (NYSE:P – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 15,735 shares of the company’s stock, valued at approximately $1,240,000.
Other institutional investors have also recently bought and sold shares of the company. Paradigm Capital Management Inc. NY purchased a new stake in shares of Everpure during the 2nd quarter valued at $2,127,000. S&CO Inc. purchased a new position in shares of Everpure in the 2nd quarter worth $15,003,000. ClearAlpha Technologies LP purchased a new position in shares of Everpure in the 4th quarter worth $971,000. National Pension Service boosted its holdings in Everpure by 782.9% in the fourth quarter. National Pension Service now owns 665,667 shares of the company’s stock valued at $44,606,000 after acquiring an additional 590,274 shares during the last quarter. Finally, New Mexico Educational Retirement Board acquired a new position in Everpure in the second quarter valued at $4,948,000. 83.42% of the stock is currently owned by hedge funds and other institutional investors.
More Everpure News
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.
Wall Street Analyst Weigh In
Read Our Latest Stock Report on Everpure
Insider Buying and Selling
In related news, Director Susan J.S. Taylor sold 8,543 shares of the business’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $81.74, for a total transaction of $698,304.82. Following the transaction, the director directly owned 94,608 shares of the company’s stock, valued at approximately $7,733,257.92. The trade was a 8.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Andrew William Fraser Brown sold 4,735 shares of the company’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $72.57, for a total value of $343,618.95. Following the completion of the transaction, the director owned 27,683 shares of the company’s stock, valued at approximately $2,008,955.31. This represents a 14.61% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 817,520 shares of company stock valued at $77,276,792. Corporate insiders own 5.10% of the company’s stock.
Everpure Trading Down 1.4%
Shares of Everpure stock opened at $92.47 on Thursday. Everpure, Inc. has a twelve month low of $56.78 and a twelve month high of $119.10. The stock has a market cap of $30.74 billion, a PE ratio of 126.67, a price-to-earnings-growth ratio of 3.77 and a beta of 1.43. The business’s fifty day simple moving average is $86.73.
Everpure (NYSE:P – Get Free Report) last released its quarterly earnings data on Wednesday, August 26th. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.19 by $0.51. The company had revenue of $1.19 billion for the quarter. Everpure had a return on equity of 19.06% and a net margin of 5.94%.Everpure’s revenue was up 37.7% compared to the same quarter last year. On average, analysts predict that Everpure, Inc. will post 0.96 earnings per share for the current 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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