Pure Storage Inc’s recently made public that its Officer PATRICK KRYSLER acquired Company’s shares for reported $2.15 million on Jun 30 ’25. In the deal valued at $57.80 per share,37,164 shares were bought.
Then, PATRICK KRYSLER bought 18,318 shares, generating $995,781 in total proceeds.
Before that, FitzSimons Dan sold 6,000 shares. Pure Storage Inc shares valued at $309,881 were divested by the Chief Revenue Officer at a price of $51.65 per share. As a result of the transaction, FitzSimons Dan now holds 75,965 shares, worth roughly $4.19 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 Tuesday, Pure Storage Inc [NYSE:PSTG] saw its stock fall -4.10% to $55.22. Over the last five days, the stock has gained 0.93%. Pure Storage Inc shares have fallen nearly -15.28% since the year began. Nevertheless, the stocks have fallen -10.11% over the past one year. While a 52-week high of $73.67 was reached on 01/22/25, 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 54.09, which if violated will result in even more drops to 52.97. On the upside, there is a resistance level at 56.97. A further resistance level may holdings at 58.73.
How much short interest is there in Pure Storage Inc?
A steep rise in short interest was recorded in Pure Storage Inc stocks on 2025-06-13, growing by 96442.0 shares to a total of 12.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 12.14 million shares. There was a rise of 0.79%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 04, 2024 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $75.
