Everpure (P) Insider Fraser Sells $344K of Stock

On June 25, 2026, Andrew William Fraser sold 4,735 shares of Everpure, Inc. (NYSE:P) at an average price of $72.57, totaling $343,618.95. This transaction was not part of a pre-planned trading program.

Insider Buying and Selling at Everpure, Inc.

In addition to Andrew Fraser, several other insiders have recently sold shares of Everpure, Inc. Mallun Yen sold 4,735 shares on June 22, 2026, at $76.90 each. On June 20, 2026, Tarek Robbiati, the company's CFO, sold 5,825 shares at $74.61 per share. CEO Charles Giancarlo sold 30,036 shares at the same price. Other sales included Mona Chu, the Chief Accounting Officer, and Ajay Singh, the Chief Product Officer, who sold 2,864 and 9,821 shares, respectively, also at $74.61 each.

Other Institutional Activity in Everpure, Inc.

Several institutional investors have taken new positions in Everpure, Inc. FMR LLC opened a new position with 49,569,139 shares, valued at approximately $2.93 billion. BlackRock, Inc. also started a new stake with 36,268,955 shares worth about $2.14 billion. Similarly, Vanguard Portfolio Management LLC and Vanguard Capital Management LLC added new holdings of 16,990,302 and 14,062,044 shares, valued at about $1.00 billion and $830.2 million, respectively. Meanwhile, State Street Corp increased its holdings by 319,455 shares to 11,272,956 shares, a 2.9% boost, bringing its stake to $665.6 million.

Everpure, Inc. Stock Down 51.1%

Shares of Everpure, Inc. (NYSE:P) traded near $69.16 on Tuesday. The company has a market capitalization of $22.99 billion and a P/E ratio of 104.8, with a more forward-looking P/E of 23.0. Everpure's stock has seen a 52-week low of $53.43 and a high of $100.59. Its 50-day moving average stands at $75.40, while the 200-day moving average is $75.72. The company maintains a current ratio of 1.62 and a quick ratio of 1.43, with a debt-to-equity ratio of 127.36.

Analysts Set New Price Targets

On May 28, 2026, several analysts updated their price targets for Everpure, Inc. UBS maintained a sell rating with a $70 target, while Lake Street kept a buy rating with a $94 target. JP Morgan and Wells Fargo also maintained buy ratings with targets of $92 and $97, respectively. Guggenheim set a high target of $115 with a buy rating, and Wedbush and Needham both reiterated buy ratings with targets of $105 and $100. The consensus among 19 analysts is a buy, with an average target price of $93.74.

About Everpure, Inc.

Everpure, Inc., headquartered in Santa Clara, California, operates in the technology sector, focusing on computer hardware. The company, led by CEO Charles H. Giancarlo, employs 6,400 people. Everpure offers a range of data storage and management solutions, including its Purity software and FlashArray products, which serve various enterprise needs. It also provides cloud-based solutions like Portworx and Evergreen. Previously known as Pure Storage, Inc., the company rebranded to Everpure, Inc. in February 2026.

Bottom Line

Andrew Fraser's recent sale of Everpure shares is part of a broader trend of insider selling. Despite this, institutional investors have shown interest in the company, with several opening new positions. Everpure, Inc. remains a notable player in the technology sector, with a diverse range of products and a strong market presence. Investors should note that insider transactions are just one aspect of evaluating a company's prospects.