28,815 Shares in Everpure, Inc. $P Acquired by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. acquired a new position in shares of Everpure, Inc. (NYSE:P) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 28,815 shares of the company’s stock, valued at approximately $2,222,000.

Several other large investors also recently added to or reduced their stakes in the stock. Paradigm Capital Management Inc. NY acquired a new position in Everpure in the second quarter valued at approximately $2,127,000. S&CO Inc. acquired a new stake in Everpure during the second quarter worth $15,003,000. ClearAlpha Technologies LP acquired a new stake in Everpure during the fourth quarter worth $971,000. National Pension Service raised its position 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 purchasing an additional 590,274 shares during the period. Finally, B. Metzler seel. Sohn & Co. AG purchased a new stake in Everpure in the second quarter valued at $1,843,000. 83.42% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Northland Securities increased their price target on Everpure from $90.00 to $128.00 and gave the stock an “outperform” rating in a report on Friday, August 28th. Weiss Ratings restated a “hold (c)” rating on shares of Everpure in a report on Friday, July 17th. DA Davidson set a $100.00 target price on shares of Everpure in a research report on Wednesday, July 1st. Lake Street Capital reaffirmed a “buy” rating and set a $120.00 target price on shares of Everpure in a research note on Thursday, August 27th. Finally, Needham & Company LLC lifted their price target on shares of Everpure from $100.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, August 27th. Seventeen analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $129.10.

Insider Buying and Selling at Everpure

In other Everpure news, Director Susan J.S. Taylor sold 8,543 shares of the business’s stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $81.74, for a total transaction of $698,304.82. Following the sale, the director directly owned 94,608 shares in the company, valued at $7,733,257.92. This represents a 8.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction of $764,560.44. Following the sale, the insider directly owned 340,939 shares in the company, valued at $26,634,154.68. This represents a 2.79% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 817,420 shares of company stock valued at $77,269,792 over the last three months. 5.10% of the stock is currently owned by company insiders.

Everpure Stock Performance

P opened at $101.05 on Wednesday. Everpure, Inc. has a 52 week low of $56.78 and a 52 week high of $119.10. The stock’s fifty day moving average price is $88.85. The stock has a market capitalization of $33.59 billion, a price-to-earnings ratio of 138.42, a P/E/G ratio of 4.00 and a beta of 1.43.

Everpure (NYSE:P) last posted its quarterly earnings data on Wednesday, August 26th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.51. Everpure had a return on equity of 19.06% and a net margin of 5.94%.The firm had revenue of $1.19 billion for the quarter. The company’s revenue was up 37.7% on a year-over-year basis. Research analysts expect that Everpure, Inc. will post 0.96 earnings per share for the current year.

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.