In a filing, Pure Storage Inc revealed its Chief Visionary Officer Colgrove John unloaded Company’s shares for reported $11.99 million on Jul 31 ’25. In the deal valued at $60.32 per share,198,749 shares were sold. As a result of this transaction, Colgrove John now holds 500,000 shares worth roughly $28.12 million.
Then, Colgrove John sold 187,740 shares, generating $11,268,155 in total proceeds. Upon selling the shares at $60.02, the Chief Visionary Officer now owns 663,925 shares.
Before that, Colgrove John sold 13,511 shares. Pure Storage Inc shares valued at $811,876 were divested by the Chief Visionary Officer at a price of $60.09 per share. As a result of the transaction, Colgrove John now holds 790,993 shares, worth roughly $44.49 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 Monday, Pure Storage Inc [NYSE:PSTG] saw its stock jump 3.19% to $56.25. Over the last five days, the stock has lost -5.30%. Pure Storage Inc shares have fallen nearly -6.14% since the year began. Nevertheless, the stocks have fallen -8.43% 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 2025-07-15, dropping by -0.29 million shares to a total of 11.95 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 12.24 million shares. There was a decline of -2.4%, which implies that there is a negative sentiment for the stock.
