The Potential Rise in the Price of Pure Storage Inc (PSTG) following insiders activity

Pure Storage Inc’s recently made public that its Director THE COLGROVE FAM CHARITABLE RE acquired Company’s shares for reported $9.25 million on Oct 14 ’25. In the deal valued at $92.53 per share,100,000 shares were bought.

Then, Chu Mona sold 9,091 shares, generating $771,917 in total proceeds. Upon selling the shares at $84.91, the Chief Accounting Officer now owns 107,353 shares.

Before that, MONA CHU bought 9,091 shares. Pure Storage Inc shares valued at $771,919 were divested by the Officer at a price of $84.91 per share.

Needham reiterated its Pure Storage Inc [PSTG] rating to a Buy in a research note published on August 28, 2025; the price target was $85. Piper Sandler also remained covering PSTG and has increased its forecast on December 04, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Wells Fargo maintained its rating on December 04, 2024. It rated PSTG as “an Overweight”.

Price Performance Review of PSTG

On Tuesday, Pure Storage Inc [NYSE:PSTG] saw its stock fall -0.03% to $92.5. Over the last five days, the stock has gained 5.23%. Pure Storage Inc shares have risen nearly 74.23% since the year began. Nevertheless, the stocks have risen 50.58% 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 2025-09-30, dropping by -4.13 million shares to a total of 5.78 million shares. Yahoo Finance data shows the prior-month short interest on 2025-08-29 was 9.91 million shares. There was a decline of -71.43%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on December 04, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $80.

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