Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Pure Storage Inc shares valued at $390,887 were sold by Murphy John Francis on Jul 11 ’25. At $56.17 per share, Murphy John Francis sold 6,959 shares. The insider’s holdings dropped to 19,706 shares worth approximately $1.13 million following the completion of this transaction.
Also, JOHN F MURPHY purchased 6,959 shares, netting a total of over 390,875 in proceeds.
Before that, Singh Ajay had sold 22,601 shares from its account. In a trade valued at $1,253,225, the Chief Product Officer traded Pure Storage Inc shares for $55.45 each. Upon closing the transaction, the insider’s holdings decreased to 22,601 shares, worth approximately $14.97 million.
As published in a research note from Piper Sandler on December 04, 2024, Pure Storage Inc [PSTG] has been rated up from a Neutral to an Overweight and the price target has been revised to $76 from $56. Analysts at Wells Fargo resumed the stock at ‘”an Overweight”‘ outlook in a report released in early December. As of December 04, 2024, TD Cowen has reiterated its “Buy” rating for PSTG. Earlier on December 04, 2024, Stifel resumed its rating. Their recommendation was “a Hold” for PSTG stock.
Analyzing PSTG Stock Performance
On last trading session,, Pure Storage Inc [NYSE: PSTG] rose 4.39% to $57.25. The stock’s lowest price that day was $55.0, but it reached a high of $57.95 in the same session. During the last five days, there has been a drop of approximately -0.54%. Over the course of the year, Pure Storage Inc shares have dropped approximately -13.01%.
Support And Resistance Levels for Pure Storage Inc (PSTG)
RSI (Relative Strength Index) is 57.69 on the 14-day chart, showing neutral technical sentiment.
Is Pure Storage Inc subject to short interest?
Stocks of Pure Storage Inc saw a sharp rise in short interest on 2025-06-13 jumping by 96442.0 shares to 12.24 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 12.14 million shares. A jump of 0.79% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 4.12 of the overall float, the days-to-cover ratio (short ratio) jumped to 4.12.
Which companies own the most shares of Pure Storage Inc (PSTG)?
In terms of Pure Storage Inc share price expectations, FactSet research, analysts set an average price target of 75 in the next 12 months, up nearly 36.76% from the previous closing price of $54.84. Analysts anticipate Pure Storage Inc stock to reach 75 by 2025, with the lowest price target being 75. In spite of this, 17 analysts ranked Pure Storage Inc stock as Buy at the end of 2025. On December 04, 2024, Needham assigned a price target of “a Buy” to the stock and reiterated coverage with a $75.
