Everpure, Inc. $P Stake Boosted by Artemis Investment Management LLP

Artemis Investment Management LLP grew its holdings in shares of Everpure, Inc. (NYSE:P) by 100.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 775,776 shares of the company’s stock after purchasing an additional 388,066 shares during the period. Artemis Investment Management LLP’s holdings in Everpure were worth $101,456,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in P. Continuum Advisory LLC acquired a new position in Everpure during the 2nd quarter valued at about $29,000. Reflection Asset Management acquired a new stake in Everpure in the fourth quarter worth about $32,000. SHP Wealth Management purchased a new stake in shares of Everpure during the fourth quarter worth about $36,000. Ancora Advisors LLC purchased a new stake in shares of Everpure during the second quarter worth about $67,000. Finally, Apella Capital LLC acquired a new position in shares of Everpure during the third quarter valued at about $184,000. Institutional investors and hedge funds own 83.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on P shares. Guggenheim reaffirmed a “buy” rating and issued a $150.00 price objective on shares of Everpure in a research report on Thursday, September 24th. Morgan Stanley upped their price target on shares of Everpure from $119.00 to $137.00 and gave the company an “overweight” rating in a research note on Thursday, September 24th. Wells Fargo & Company upped their price target on shares of Everpure from $135.00 to $145.00 and gave the company an “overweight” rating in a research note on Thursday, September 24th. Citigroup raised their price target on shares of Everpure from $130.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, September 24th. Finally, Zacks Research downgraded shares of Everpure from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Seventeen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $140.00.

Insider Buying and Selling

In other Everpure news, insider John Colgrove sold 200,000 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $96.98, for a total value of $19,396,000.00. Following the completion of the transaction, the insider directly owned 6,474,080 shares of the company’s stock, valued at approximately $627,856,278.40. The trade was a 3.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ajay Singh sold 42,930 shares of the firm’s stock in a transaction that occurred on Thursday, September 24th. The stock was sold at an average price of $124.17, for a total transaction of $5,330,618.10. Following the sale, the insider directly owned 288,362 shares in the company, valued at $35,805,909.54. The trade was a 12.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,035,502 shares of company stock valued at $105,858,759 over the last three months. 5.10% of the stock is currently owned by corporate insiders.

Everpure Stock Down 0.3%

Shares of Everpure stock traded down $0.45 during trading on Thursday, hitting $152.21. 2,776,913 shares of the company’s stock were exchanged, compared to its average volume of 3,786,464. The company has a market cap of $50.72 billion, a PE ratio of 208.48, a price-to-earnings-growth ratio of 4.91 and a beta of 1.39. The firm’s 50-day simple moving average is $107.11. Everpure, Inc. has a 52-week low of $56.78 and a 52-week high of $157.05.

Everpure (NYSE:P) last issued 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 business had revenue of $1.19 billion during the quarter. Everpure’s revenue was up 37.7% on a year-over-year basis. Sell-side analysts forecast that Everpure, Inc. will post 0.95 EPS for the current year.

More Everpure News

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: Needham raises price target: Needham & Company lifted its target on Everpure from $150 to $185 and upgraded the stock to “buy,” implying approximately 19% upside from the recently reported trading level. The higher target reflects increased confidence in the company’s growth outlook. TickerReport article
• Positive Sentiment: AI and data-center momentum: Everpure’s stock has gained roughly 36% since management raised its long-term revenue targets at a recent investor day. Investors appear to be responding to expectations that AI-related infrastructure spending will increase demand for the company’s data-storage products and services. Yahoo Finance article
• Positive Sentiment: Broader partner strategy: Everpure is urging channel partners to look “beyond storage,” suggesting opportunities to sell higher-value software, services and data-management solutions alongside its hardware. A broader offering could support recurring revenue and improve growth prospects. ChannelWeb article
• Positive Sentiment: Favorable sentiment remains widespread: Twenty-one analysts collectively rate Everpure “Moderate Buy,” with 17 buy ratings, three holds and one sell rating. Television commentator Jim Cramer also said the stock may have further room to run. DefenseWorld article
• Neutral Sentiment: Sustainability update: Everpure published its 2026 impact report outlining its sustainability strategy and targets. The report may support the company’s long-term positioning but is unlikely to be a major near-term earnings catalyst. Yahoo Finance article
• Negative Sentiment: Valuation and insider selling: A valuation analysis characterized Everpure as overvalued following its rally. Separately, Chief Accounting Officer Mona Chu sold 2,852 shares for approximately $400,000, reducing her holdings by 2.13%. The sale is relatively small but may add caution after the sharp run-up. GuruFocus article

About Everpure

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.