Everpure (P) Chief Visionary Officer John Sells $15M of Stock
John Colgrove, Chief Visionary Officer at Everpure, sold a large stake in the company amid positive analyst ratings.
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Colgrove John, Chief Visionary Officer at Everpure, Inc. ($P), sold 100,000 shares at an average price of $153.73, worth about $15.37 million, on October 12, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $P is down 20.1% to date (from the $155.31 close on Oct 12, 2026).
P
Everpure, Inc.
Key Points
- On October 12, 2026, John Colgrove sold 100,000 shares of Everpure, Inc. for about $15.37 million at a price of $153.73 per share.
- As of October 16, 2026, Everpure's stock trades recently around $125.07, which is above both its 50-day and 200-day moving averages.
- Analysts maintain a positive outlook on Everpure, with Guggenheim raising its price target to $215 on the same day as Colgrove's sale.
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John Colgrove, Chief Visionary Officer at Everpure, Inc. (NYSE: P), sold 100,000 shares on October 12, 2026, for approximately $15.37 million at a price of $153.73 per share. This planned sale comes amid ongoing support from analysts regarding the company's stock performance.
Inside Colgrove's Trade
Colgrove's transaction reflects a significant sale of shares, totaling 100,000 shares. This move underscores his confidence in the company's future while still maintaining a large stake in the business.
Other Institutional Activity in Everpure
FMR, LLC holds 49,860,715 shares of Everpure, valued at about $6.18 billion, after increasing its position by 292,453 shares. State Street Corporation also boosted its holdings, adding 423,880 shares for a total of 11,697,292 shares worth approximately $1.45 billion. Meanwhile, BlackRock Inc. reduced its stake by 1,552,286 shares, leaving it with 34,716,084 shares valued at around $4.31 billion.
Everpure, Inc. Stock Down 11.6%
As of October 16, 2026, Everpure's stock trades recently around $125.07, which is above its 50-day moving average by about 9.8% and its 200-day moving average by about 52.7%. However, it's 20.6% below its 52-week high of $157.57, indicating some room for growth.
Recent Earnings
Everpure reported trailing twelve-month revenue of approximately $4.26 billion, with a net margin of 5.9% and a return on equity of 17.7%. The company is expected to announce its next earnings on December 1, 2026.
Insider Buying and Selling at Everpure, Inc.
In addition to Colgrove's sale, several insiders have traded shares recently. Mallun Yen sold 4,735 shares at an average price of $76.90 on June 22, 2026, and Andrew William Fraser sold 4,735 shares at $72.57 on June 25, 2026. Additionally, Chief Accounting Officer Mona Chu sold 5,112 shares at $151.40 on October 9, 2026.
Analysts Set New Price Targets
On October 12, 2026, Guggenheim maintained a Buy rating on Everpure with a new price target of $215. Earlier, Needham also maintained a Buy rating with a target of $185. The consensus among analysts remains positive, with a recommendation key of Buy and a mean target price of $151.11.
About Everpure, Inc.
Everpure, Inc. specializes in data storage and management technologies, providing various products and services in the U.S. and internationally. Its Purity software offers enterprise-level data services, including data protection and encryption. This sale by Colgrove comes as the company continues to show strong performance amid supportive analyst ratings.
Bottom Line
Investors should keep an eye on Everpure's upcoming earnings report on December 1, 2026, and watch for any further insider transactions. Colgrove's planned sale signals confidence in the company's direction while still holding a significant stake in its future.
Related Filing Alerts
Source: Colgrove John's Form 4 filing on $P (Oct 12, 2026). Find the original filing: P Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts