Pure Storage Inc’s recent filing unveils that its Director Murphy John Francis unloaded Company’s shares for reported $0.62 million on Jun 05 ’25. In the deal valued at $55.13 per share,11,234 shares were sold. As a result of this transaction, Murphy John Francis now holds 21,930 shares worth roughly $1.21 million.
Then, JOHN F MURPHY bought 11,234 shares, generating $619,347 in total proceeds.
Before that, Colgrove John sold 100,000 shares. Pure Storage Inc shares valued at $5,201,000 were divested by the Chief Visionary Officer at a price of $52.01 per share. As a result of the transaction, Colgrove John now holds 801,959 shares, worth roughly $44.2 million.
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 fall -0.76% to $55.12. Over the last five days, the stock has gained 0.46%. Pure Storage Inc shares have fallen nearly -10.27% since the year began. Nevertheless, the stocks have fallen -13.93% over the past one year.
How much short interest is there in Pure Storage Inc?
A steep rise in short interest was recorded in Pure Storage Inc stocks on 2025-05-15, growing by 32219.0 shares to a total of 12.14 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 12.11 million shares. There was a rise of 0.27%, 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.
