PSTG shares expected to underperform in the next 12 months

Anna Perez

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Pure Storage Inc shares valued at $9,248,931 were sold by Colgrove John on Oct 14 ’25. At $92.49 per share, Colgrove John sold 100,000 shares. The insider’s holdings dropped to 200,000 shares worth approximately $19.52 million following the completion of this transaction.

Also, THE COLGROVE FAM CHARITABLE RE purchased 100,000 shares, netting a total of over 9,253,000 in proceeds.

Before that, Chu Mona had sold 9,091 shares from its account. In a trade valued at $771,917, the Chief Accounting Officer traded Pure Storage Inc shares for $84.91 each. Upon closing the transaction, the insider’s holdings decreased to 9,091 shares, worth approximately $10.48 million.

As published in a research note from Needham on August 28, 2025, Pure Storage Inc [PSTG] has been retained to a Buy and the price target has been revised to $85. As of December 04, 2024, Piper Sandler has increased its “Neutral” rating to a “an Overweight” for PSTG. Earlier on December 04, 2024, Wells Fargo resumed its rating. Their recommendation was “an Overweight” for PSTG stock.

Analyzing PSTG Stock Performance

On last trading session, Pure Storage Inc [NYSE: PSTG] rose 2.35% to $97.58. The stock’s lowest price that day was $94.6517, but it reached a high of $97.63 in the same session. During the last five days, there has been a surge of approximately 9.76%. Over the course of the year, Pure Storage Inc shares have jumped approximately 80.54%. Shares of the company reached a 52-week high of $97.63 on 10/29/25 and a 52-week low of $34.51 on 04/07/25.

Support And Resistance Levels for Pure Storage Inc (PSTG)

According to the 24-hour chart, there is a support level at 95.61, which, if violated, would cause prices to drop to 93.64. In the upper region, resistance lies at 98.59. The next price resistance is at 99.60. RSI (Relative Strength Index) is 69.37 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 steep in short interest on 2025-10-15 dropping by -1.12 million shares to 6.59 million. Data from Yahoo Finance shows that the short interest on 2025-09-15 was 7.71 million shares. A decline of -16.94% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.16 of the overall float, the days-to-cover ratio (short ratio) decline to 2.16.

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 92 in the next 12 months, down nearly -3.5% from the previous closing price of $95.34. Analysts anticipate Pure Storage Inc stock to reach 110 by 2025, with the lowest price target being 70. In spite of this, 17 analysts ranked Pure Storage Inc stock as Buy at the end of 2025. On December 04, 2024, TD Cowen assigned a price target of “a Buy” to the stock and reiterated coverage with a $80.

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