Everpure (NYSE:P) Insider John Colgrove Sells 100,000 Shares of Stock

Posted by Paula Ricardo on Oct 16th, 2026

Everpure, Inc. (NYSE:P – Get Free Report) insider John Colgrove sold 100,000 shares of the business’s stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $145.00, for a total value of $14,500,000.00. Following the sale, the insider owned 5,393,309 shares in the company, valued at $782,029,805. The trade was a 1.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Colgrove also recently made the following trade(s):

On Monday, October 12th, John Colgrove sold 100,000 shares of Everpure stock. The shares were sold at an average price of $153.73, for a total transaction of $15,373,000.00.
On Thursday, September 24th, John Colgrove sold 100,000 shares of Everpure stock. The shares were sold at an average price of $115.96, for a total transaction of $11,596,000.00.
On Monday, September 21st, John Colgrove sold 100,000 shares of Everpure stock. The shares were sold at an average price of $110.35, for a total transaction of $11,035,000.00.
On Thursday, September 10th, John Colgrove sold 100,000 shares of Everpure stock. The stock was sold at an average price of $94.95, for a total transaction of $9,495,000.00.
On Friday, August 14th, John Colgrove sold 64,815 shares of Everpure stock. The stock was sold at an average price of $117.44, for a total transaction of $7,611,873.60.
On Thursday, August 13th, John Colgrove sold 100,000 shares of Everpure stock. The shares were sold at an average price of $117.21, for a total value of $11,721,000.00.
On Tuesday, August 11th, John Colgrove sold 100,000 shares of Everpure stock. The shares were sold at an average price of $104.39, for a total value of $10,439,000.00.
On Monday, August 10th, John Colgrove sold 200,000 shares of Everpure stock. The stock was sold at an average price of $96.98, for a total value of $19,396,000.00.
On Friday, August 7th, John Colgrove sold 35,185 shares of Everpure stock. The stock was sold at an average price of $90.01, for a total value of $3,167,001.85.
On Tuesday, August 4th, John Colgrove sold 89,720 shares of Everpure stock. The stock was sold at an average price of $85.66, for a total value of $7,685,415.20.

Everpure Trading Down 7.1%

NYSE P traded down $9.42 during trading hours on Friday, reaching $123.98. The stock had a trading volume of 3,854,899 shares, compared to its average volume of 3,826,813. The company’s fifty day moving average is $115.20. The stock has a market cap of $41.31 billion, a PE ratio of 169.84, a P/E/G ratio of 4.72 and a beta of 1.39. Everpure, Inc. has a 52-week low of $56.78 and a 52-week high of $157.57.

Everpure (NYSE:P – Get Free Report) last announced 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 business had revenue of $1.19 billion during the quarter. Everpure had a net margin of 5.94% and a return on equity of 19.06%. The business’s revenue for the quarter was up 37.7% on a year-over-year basis. On average, equities analysts forecast that Everpure, Inc. will post 0.95 earnings per share for the current fiscal year.

Key Headlines Impacting Everpure

Here are the key news stories impacting Everpure this week:

Positive Sentiment: Everpure’s latest quarterly results provide fundamental support. Revenue increased 37.7% year over year to $1.19 billion, driven by enterprise-storage demand and subscription growth, while earnings per share of $0.70 substantially exceeded the $0.19 analyst consensus. Everpure Revenues Surge 38% in Q2
Positive Sentiment: Everpure was added to the Invesco S&P 500 Equal Weight ETF (RSP), which could generate incremental institutional demand and increase the stock’s visibility. Invesco ETF Adds Everpure
Neutral Sentiment: Wall Street remains broadly constructive, with a “Moderate Buy” consensus. However, the average analyst price target of $143.25 is below recent trading levels, indicating that much of the expected growth may already be reflected in the share price.
Negative Sentiment: Insider selling is weighing on sentiment. Ajay Singh sold 18,267 shares for approximately $2.8 million, reducing his position by 6.33%, while John Colgrove sold 100,000 shares worth about $15.4 million. Colgrove’s transaction was conducted under a pre-arranged Rule 10b5-1 plan, making it a less direct signal of management’s outlook, although the scale and repetition of recent sales may concern investors. Everpure Insider Selling
Negative Sentiment: Valuation risk remains significant. Everpure trades at a very high earnings multiple and has a PEG ratio above 4, leaving the stock vulnerable to profit-taking if growth moderates or future results do not exceed elevated expectations.
Negative Sentiment: A hotter-than-expected 3.7% inflation reading, partly linked to higher energy costs, pushed bond yields higher and pressured growth-oriented technology shares. Higher interest rates can reduce the appeal of richly valued companies such as Everpure. Technology Stocks Fall on Inflation Concerns

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of P. JANA Partners Management LP purchased a new stake in shares of Everpure during the 2nd quarter worth about $77,939,000. Assenagon Asset Management S.A. grew its position in shares of Everpure by 504.0% during the 3rd quarter. Assenagon Asset Management S.A. now owns 994,061 shares of the company’s stock valued at $130,003,000 after acquiring an additional 829,476 shares during the period. Artemis Investment Management LLP grew its position in shares of Everpure by 100.1% during the 3rd quarter. Artemis Investment Management LLP now owns 775,776 shares of the company’s stock valued at $101,456,000 after acquiring an additional 388,066 shares during the period. Raiffeisen Bank International AG purchased a new position in shares of Everpure in the 2nd quarter valued at about $25,525,000. Finally, Engineers Gate Manager LP purchased a new position in shares of Everpure in the 2nd quarter valued at about $25,859,000. Institutional investors and hedge funds own 83.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Wells Fargo & Company boosted their target price on shares of Everpure from $135.00 to $145.00 and gave the company an “overweight” rating in a research report on Thursday, September 24th. Evercore reaffirmed an “outperform” rating and set a $145.00 price target on shares of Everpure in a research report on Thursday, September 24th. Oppenheimer reiterated an “outperform” rating and set a $140.00 price objective on shares of Everpure in a research note on Thursday, August 20th. Wall Street Zen lowered Everpure from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 12th. Finally, Zacks Research cut Everpure from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. Eighteen investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $143.25.

Get Our Latest Analysis on P

Everpure Company Profile

(Get Free Report)

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.