Mallun Yen Sells Shares of Everpure, Inc.
Mallun Yen sold 4,735 shares of Everpure, Inc., valued at $364,121.50, on June 22, 2026.
Key Points
- Mallun Yen sold 4,735 shares of Everpure, Inc. on June 22, 2026, for $364,121.50.
- Shares of Everpure, Inc. traded near $72.36 on Thursday, with a market cap of $25.61 billion and a P/E ratio of 116.7.
- Analysts have set new price targets for Everpure, Inc., with a consensus recommendation of 'buy' and a mean target price of $93.74.
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Mallun Yen, an insider at Everpure, Inc. (NYSE:P), sold 4,735 shares of the company on June 22, 2026. The shares were sold at an average price of $76.90, totaling $364,121.50. This transaction was not part of a pre-planned trading program.
Other Institutional Activity in Everpure, Inc.
Several institutional investors have shown interest in Everpure, Inc. FMR LLC opened a new position, acquiring 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. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both initiated new positions, with 16,990,302 shares valued at $1.00 billion and 14,062,044 shares worth $830.22 million, respectively. State Street Corp increased its holdings by 319,455 shares, now totaling 11,272,956 shares valued at $665.56 million.
Everpure, Inc. Stock Down 22.5%
Shares of Everpure, Inc. traded near $72.36 on Thursday. The company has a market capitalization of $25.61 billion and a P/E ratio of 116.7. Its forward P/E is 25.6, indicating expectations of future earnings growth. With a beta of 1.445, the stock shows moderate volatility compared to the market. The 52-week range for the stock is between $50.88 and $100.59, and it has a 50-day moving average of $74.41 and a 200-day moving average of $75.88.
$P stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Everpure, Inc. reported revenue of approximately $3.94 billion, with a net margin of 5.7%. The company achieved a return on equity of 16.8%. Earnings per share stood at $0.66. Investors anticipate the next earnings report on August 26, 2026.
Insider Buying and Selling at Everpure, Inc.
In addition to Mallun Yen's recent sale, other insiders have been active. On June 20, 2026, Tarek Robbiati, the Chief Financial Officer, sold 5,825 shares at $74.61 each. Mona Chu, the Chief Accounting Officer, sold 2,864 shares, and CEO Charles Giancarlo sold 30,036 shares, both at the same price. Ajay Singh, the Chief Product Officer, and John Colgrove, the Chief Visionary Officer, sold 9,821 and 15,956 shares, respectively, on the same day.
Analysts Set New Price Targets
On May 28, 2026, UBS maintained a 'sell' rating with a $70.00 price target. Lake Street, JP Morgan, Barclays, Wells Fargo, and Guggenheim all maintained their ratings, with price targets ranging from $84.00 to $115.00. The consensus among 19 analysts is a 'buy' recommendation, with an average target price of $93.74.
About Everpure, Inc.
Everpure, Inc. is a technology company based in Santa Clara, California, specializing in data storage and management solutions. It offers a range of products, including Purity software for data services, FlashArray for traditional workloads, and FlashBlade for unstructured data. The company's cloud solutions, such as Portworx and Evergreen, support hybrid cloud models. Everpure operates with a workforce of 6,400 employees and is led by CEO Charles Giancarlo.
Bottom Line
Mallun Yen's recent sale of shares in Everpure, Inc. is one of many insider transactions that might interest investors. Institutional activity around Everpure suggests confidence in its growth potential. Analysts are generally positive, with a consensus 'buy' rating based on recent reports. As always, remember that insider and institutional trades are backward-looking and may not reflect current conditions.
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