Pure Storage Inc’s recently made public that its Officer DANIEL P FITZSIMONS acquired Company’s shares for reported $0.29 million on Apr 21 ’25. In the deal valued at $40.91 per share,6,977 shares were bought.
Then, FitzSimons Dan sold 8,895 shares, generating $441,993 in total proceeds. Upon selling the shares at $49.69, the Chief Revenue Officer now owns 97,200 shares.
Before that, DANIEL P FITZSIMONS bought 8,895 shares. Pure Storage Inc shares valued at $441,981 were divested by the Officer at a price of $49.69 per share.
Piper Sandler upgraded its Pure Storage Inc [PSTG] rating to an Overweight from a a Neutral in a research note published on December 04, 2024; the price target was increased to $76 from $56. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who remained covering the stock and in early December has reiterated a ‘”an Overweight”‘ rating for it. TD Cowen also remained covering PSTG and reiterated its “Buy” recommendation on December 04, 2024. Stifel maintained its rating on December 04, 2024. It rated PSTG as “a Hold”.
Price Performance Review of PSTG
On Tuesday, Pure Storage Inc [NYSE:PSTG] saw its stock jump 0.37% to $40.36. Over the last five days, the stock has lost -2.16%. Pure Storage Inc shares have fallen nearly -34.30% since the year began. Nevertheless, the stocks have fallen -22.12% over the past one year. While a 52-week high of $73.67 was reached on 01/22/25, a 52-week low of $34.51 was recorded on 04/07/25. SMA at 50 days reached $51.36, while 200 days put it at $56.15.
Levels Of Support And Resistance For PSTG Stock
The 24-hour chart illustrates a support level at 40.00, which if violated will result in even more drops to 39.63. On the upside, there is a resistance level at 40.88. A further resistance level may holdings at 41.39. The Relative Strength Index (RSI) on the 14-day chart is 37.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.15%. Stochastics %K at 52.30% indicates the stock is a holding.
How much short interest is there in Pure Storage Inc?
A steep rise in short interest was recorded in Pure Storage Inc stocks on 2025-03-31, growing by 1.38 million shares to a total of 10.54 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 9.16 million shares. There was a rise of 13.07%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 04, 2024 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $75.
