Westfield Capital Management Co. LP Decreases Stock Holdings in Everpure, Inc. $P

Westfield Capital Management Co. LP trimmed its holdings in Everpure, Inc. (NYSE:P) by 13.2% during the fourth quarter, HoldingsChannel reports. The firm owned 1,520,219 shares of the company’s stock after selling 231,339 shares during the period. Westfield Capital Management Co. LP’s holdings in Everpure were worth $101,870,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. BI Asset Management Fondsmaeglerselskab A S lifted its stake in Everpure by 96.3% in the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 31,166 shares of the company’s stock worth $2,612,000 after purchasing an additional 15,286 shares in the last quarter. AlTi Global Inc. purchased a new position in Everpure in the 3rd quarter worth approximately $2,517,000. ARK Investment Management LLC lifted its stake in Everpure by 12.6% in the 3rd quarter. ARK Investment Management LLC now owns 347,093 shares of the company’s stock worth $29,090,000 after purchasing an additional 38,768 shares in the last quarter. Victory Capital Management Inc. lifted its stake in Everpure by 2.0% in the 3rd quarter. Victory Capital Management Inc. now owns 2,572,719 shares of the company’s stock worth $202,563,000 after purchasing an additional 50,566 shares in the last quarter. Finally, RBA Wealth Management LLC purchased a new position in Everpure in the 3rd quarter worth approximately $5,964,000. 83.42% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider John Colgrove sold 10,280 shares of Everpure stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $85.32, for a total value of $877,089.60. Following the completion of the sale, the insider owned 6,614,941 shares in the company, valued at approximately $564,386,766.12. This trade represents a 0.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 544,545 shares of company stock valued at $42,198,324. 5.10% of the stock is currently owned by company insiders.

Everpure Stock Performance

P stock opened at $78.77 on Friday. The company has a market cap of $26.03 billion, a PE ratio of 119.35, a PEG ratio of 5.73 and a beta of 1.44. Everpure, Inc. has a one year low of $50.20 and a one year high of $100.59.

Everpure (NYSE:P) last released its quarterly earnings results on Wednesday, May 27th. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.40 by $0.07. The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $997.88 million. Everpure had a net margin of 5.75% and a return on equity of 15.97%. The business’s revenue for the quarter was up 35.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.29 EPS. Analysts forecast that Everpure, Inc. will post 0.73 earnings per share for the current year.

Key Stories Impacting Everpure

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: Everpure’s first-quarter fiscal 2027 results showed strong underlying momentum, with revenue up about 35% year over year and a return to profitability, which supports the bull case for the stock. Article Title
• Positive Sentiment: Analysts continue to view Everpure as a “Moderate Buy,” reinforcing expectations that the company’s long-term growth profile remains attractive. Article Title
• Neutral Sentiment: Management is leaning into transparency with customers as AI-driven supply shortages and cost pressure persist; that approach could help retention, but it also highlights ongoing operational headwinds. Article Title
• Neutral Sentiment: The company’s presentation at several major technology and growth conferences kept Everpure in the spotlight, but these events did not include a major new catalyst. Article Title
• Negative Sentiment: Insider John Colgrove sold 10,280 shares under a pre-arranged trading plan, which may add to investor caution even though the sale was routine and small relative to his holdings. Article Title
• Negative Sentiment: Recent commentary noted that the stock has already had a strong run and has pulled back recently, suggesting some investors are reassessing whether valuation has become stretched. Article Title

Wall Street Analyst Weigh In

P has been the topic of a number of research reports. William Blair reissued an “outperform” rating on shares of Everpure in a research note on Thursday, May 28th. Barclays lifted their price target on shares of Everpure from $81.00 to $84.00 and gave the company an “equal weight” rating in a research report on Thursday, May 28th. Lake Street Capital lifted their price target on shares of Everpure from $90.00 to $94.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Wedbush lifted their price target on shares of Everpure from $100.00 to $105.00 and gave the company an “outperform” rating in a research report on Thursday, May 28th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $100.00 price target on shares of Everpure in a research report on Thursday, May 28th. Thirteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Everpure presently has an average rating of “Moderate Buy” and a consensus price target of $96.32.

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.