Pure Storage Inc (PSTG) rating initates by Oppenheimer

Daniel Torres

Pure Storage Inc’s filing revealed that its Chief Visionary Officer Colgrove John unloaded Company’s shares for reported $9.16 million on Nov 10 ’25. In the deal valued at $91.59 per share,100,000 shares were sold. As a result of this transaction, Colgrove John now holds 100,000 shares worth roughly $8.22 million.

Then, THE COLGROVE FAM CHARITABLE RE bought 100,000 shares, generating $9,007,000 in total proceeds.

Before that, Colgrove John sold 100,000 shares. Pure Storage Inc shares valued at $9,248,931 were divested by the Chief Visionary Officer at a price of $92.49 per share. As a result of the transaction, Colgrove John now holds 200,000 shares, worth roughly $16.43 million.

Oppenheimer initiated its Pure Storage Inc [PSTG] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in late August has reiterated a ‘”a Buy”‘ rating for it. Piper Sandler revised its rating on December 04, 2024. It rated PSTG as “an Overweight” which previously was an “a Neutral”.

Price Performance Review of PSTG

On Tuesday, Pure Storage Inc [NYSE:PSTG] saw its stock fall -2.35% to $82.17. Over the last five days, the stock has lost -6.07%. Pure Storage Inc shares have risen nearly 64.90% since the year began. Nevertheless, the stocks have risen 33.76% over the past one year. While a 52-week high of $100.59 was reached on 11/03/25, a 52-week low of $34.51 was recorded on 04/07/25.

Levels Of Support And Resistance For PSTG Stock

The 24-hour chart illustrates a support level at 80.77, which if violated will result in even more drops to 79.38. On the upside, there is a resistance level at 84.05. A further resistance level may holdings at 85.94.

How much short interest is there in Pure Storage Inc?

A steep rise in short interest was recorded in Pure Storage Inc stocks on 2025-10-31, growing by 0.87 million shares to a total of 6.65 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-30 was 5.78 million shares. There was a rise of 13.12%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on December 04, 2024 when Wells Fargo resumed its ‘”an Overweight”‘ rating for the stock and retained the price target to $80.

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.