PSTG Stock Performance, Insider Transaction and News

PSTG - Pure Storage, Inc.

Market Cap	11.52B	P/E	749.20	EPS this Y	9.90%	Ern Qtrly Grth	-12.10%
Income	61.31M	Forward P/E	22.57	EPS next Y	17.90%	50D Avg Chg	6.00%
Sales	2.83B	PEG	1.88	EPS past 5Y	58.73%	200D Avg Chg	28.00%
Dividend	N/A	Price/Book	12.67	EPS next 5Y	17.70%	52W High Chg	-4.00%
Recommedations	1.90	Quick Ratio	1.61	Shares Outstanding	324.91M	52W Low Chg	69.00%
Insider Own	5.54%	ROA	1.51%	Shares Float	306.97M	Beta	1.15
Inst Own	82.89%	ROE	5.55%	Shares Shorted/Prior	8.20M/10.44M	Price	37.46
Gross Margin	71.41%	Profit Margin	2.17%	Avg. Volume	4,434,456	Target Price	55.82
Oper. Margin	9.40%	Earnings Date	May 29	Volume	2,664,721	Change	-0.43%

Technology | Computer Hardware | United States

About Pure Storage, Inc.

Pure Storage, Inc. engages in the provision of data storage and management technologies, products, and services in the United States and internationally. Its Purity software is shared across its products and provides enterprise-class data services, such as always-on data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. The company also provides FlashArray integrated hardware systems, including FlashArray//X, FlashArray//C, FlashArray//XL, FlashArray//E, and FlashArray File Services for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; and FlashBlade integrated hardware systems comprising FlashBlade//S and FlashBlade//E for managing and processing unstructured data workloads of various types from real-time log analytics and commercial high-performance computing (HPC) to data protection and recovery. In addition, it offers cloud-native storage solutions, such as Portworx by Pure Storage, a cloud-native Kubernetes data management solution; and Portworx Data Services, a Database-as-a-Service platform for Kubernetes. Further, the company provides Pure Fusion, a Software-as-a-Service (SaaS) management plane, which enables storage administrators to unify storage arrays and optimize storage pools; Evergreen Architecture comprising Pure1, an AI-driven cloud-based management platform, as well as Evergreen//One and Evergreen//Flex data storage solutions; and Cloud Block Store, a virtual block storage array, that provides customers the flexibility to operate a hybrid cloud model with seamless data mobility across on-premises and public cloud environments. It sells its products and subscription services through direct sales force and channel partners. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Santa Clara, California.

Pure Storage, Inc. News

04/19/24	Pure Storage, Inc. (PSTG) is Attracting Investor Attention: Here is What You Should Know
04/19/24	Chief Revenue Officer Dan Fitzsimons Sells 29,283 Shares of Pure Storage Inc (PSTG)
04/18/24	Wall Street Analysts See Pure Storage (PSTG) as a Buy: Should You Invest?
04/16/24	Pure Storage (PSTG) Beats Stock Market Upswing: What Investors Need to Know
04/15/24	Pure Storage Stock Has 22% Upside, According to 1 Wall Street Analyst
04/11/24	1 Overlooked Stock in the AI Race to Buy and Forget in 2024
04/10/24	Why the Market Dipped But Pure Storage (PSTG) Gained Today
04/09/24	Pure Storage Empowers Andra to Meet Sustainability Goals with an 80% Reduction in Data Center Footprint
04/05/24	10 Unstoppable Tech Stocks To Buy
04/04/24	Pure Storage, Inc. (NYSE:PSTG) is a favorite amongst institutional investors who own 81%
04/04/24	Pure Storage (PSTG) Data Storage Platform Used by Bloomington
04/02/24	With Pure Storage, the City of Bloomington Reduces Data Center Footprint by 85%, While Driving Financial Flexibility and IT Performance
03/29/24	Why Is Pure Storage (PSTG) Down 1.3% Since Last Earnings Report?
03/29/24	Jim Cramer Says You Should ‘Buy, Buy, Buy’ These 11 Stocks
03/27/24	Why Pure Storage (PSTG) is a Top Momentum Stock for the Long-Term
03/26/24	With Pure Storage, MPI Reduces Data Center Footprint by 95%, Achieves 10x Faster Time to Recovery
03/25/24	Top 20 Mid-Cap Tech Companies in the US
03/22/24	Pure Storage (PSTG) & NVIDIA Unite to Advance AI Solutions
03/19/24	Pure Storage (PSTG) Soars 108% in a Year: Will the Rally Last?
03/18/24	Pure Storage Accelerates Enterprise AI Adoption to Meet Growing Demands with NVIDIA AI

PSTG Chatroom

OptionsPlayers Posted - 9 hours ago

$PSTG Yup If you know, you know

Stocksrunner Posted - 17 hours ago

Recent Buying and Selling Activity $IP Dimensional Fund Advisors Ltd. and Man Group PLC disclose Form 8.3 filings regarding International Paper Company's shares. $AAPL CEO and executives sell shares amidst falling stock prices. $PSTG & $META Insider selling noted in Pure Storage and Meta Platforms. Analysts caution against overinterpreting insider sales. https://stocksrunner.com/insiders

DomLuminous Posted - 19 hours ago

$PSTG not my storage!!

erevnon Posted - 20 hours ago

Raymond James downgrades Pure Storage $PSTG from Strong Buy to Outperform and raises the price target from $52 to https://marketsblock.com/stock-upgrades-and-downgrades/

Gusnbrew Posted - 21 hours ago

$PSTG going to fill the gap below? Bear for now and looking to re-enter

insiderbuyingselling Posted - 1 day ago

$PSTG new insider selling: 29283 shares. http://insiderbuyingselling.com/?t=PSTG

DomLuminous Posted - 2 days ago

$PSTG I know some comparing this to Semi micro whatever. Right now, no one cares about energy conservation and the environment. Flash will take over once there is a panic and rush to build energy efficient AI datacenters. PSTG will capture the majority since there is no product/software stack like it

insiderbuyingselling Posted - 3 days ago

$PSTG new insider selling: 147000 shares. http://insiderbuyingselling.com/?t=PSTG

HabibiBudo Posted - 4 days ago

$PSTG Green Green baby

Ayrich Posted - 4 days ago

$PSTG why are we down today? Anyone know?

Professor Posted - 5 days ago

#2 $PSTG - A name was watching heading into last week and as it spent over a month going sidways post PEG gap. Max ROI - 4.6% Realized ROI- 2.5% On some name I like to enter before the "Big breakout" happens. It allows me to have cushion. - Entered on Wednesday once we cleared the wedge pattern at $52.65 - Next day we got continuation and breakout of bullish pennant Had my sell targets at $56 however due to market weakness I stopped out on rest of the position at breakeven. In the hindsight I should have trimmed more at $55. Moral of the story- I followed my process and it worked, broader market weakness is beyond my contol. If major indices ( $SPY $QQQ ) didn't sell off this $PSTG trade would have easily went to $56.

Ayrich Posted - 1 week ago

$PSTG $NVDA the three components of Ai are compute, network, and data pools. Nvidea is the outstanding compute player and Pure is data pool. I don't know why nvidea hasn't made a bid to capture pure. It seems like a marriage made In Heaven. So long as they didn't throttle Pure for other markets, it's the one company I think Pure would benefit from merging with. I don't know who is the standout player for network atm.

jimmydollar Posted - 1 week ago

$PSTG Could open strong in AM but fade in afternoon---but u have 2 b long here LT--company been around a long time--was one of the original cloud companies--many others were bt or went to hell--got lheir act together and has mucho cash--zero debt

jimmydollar Posted - 1 week ago

$PSTG sold 400 of my 550 at 55 at close---I hate Fridays and Week ends---BEST OF THE BEST IMO--I WILL b BACK at 6 am

TraderIsaac Posted - 1 week ago

$PSTG See if we get a day 2 continuation on Friday. https://share.trendspider.com/chart/PSTG/77743vtaecd

Moonster25 Posted - 1 week ago

$GL $PSTG $SBUX Nobody knows nothing, but post like they do, if you wanna buy it and take a chance like I did go for it, you don’t cool too, but don’t act like you know

trplbiem Posted - 1 week ago

$GL Retail is truly retarded. Buying the dip on something that can actually go to zero. Dude buy Vinfast, no shares floated 13$ upgrade. Buy $SBUX gap filled opportunity of a life time. Buy $PSTG 66$ upgrades with a potential to be large language model leader. Why gamble on some true bullshit! Give yourself atleast some odds

cheating_stock_investor Posted - 1 week ago

$NTAP i assume an upgrade should be coming they gave $pstg some the last two days this one should be in good order

trplbiem Posted - 1 week ago

$PSTG I'm fucking PUMPED! I see 400% upside to be honest. Going on an $SMCI run

trplbiem Posted - 1 week ago

$PSTG Second upgrade in one single day, if you compare the market cap to $PLTR and if Purity becomes the large scale language foundation for AI and not foundry, the stock is dirt cheap

erevnon Posted - 1 week ago

Susquehanna maintains Pure Storage $PSTG at Positive and raises the price target from $45 to https://marketsblock.com/stock-upgrades-and-downgrades/

vampyro Posted - 1 week ago

$PSTG NetApp and other competitors use flash also but Pure Storage has the edge in Purity and in the energy efficiency of flashblade. That is the reason why nvidia has been working with PSTG the most.

trplbiem Posted - 1 week ago

$PSTG dumb money always loading the wrong shit. Pure Storage is everything that Palalntier thinks it will be. Been pounding the table here. But nobody is listening lol

trplbiem Posted - 1 week ago

$PSTG 66$ upgrade this morning. This is the next company to get into $SPY when the market realizes that Purity will be the large language model of the entire AI industry I think it will be 200b cap.

erevnon Posted - 1 week ago

Needham reiterates Pure Storage $PSTG at Buy and maintains a price target of https://marketsblock.com/stock-upgrades-and-downgrades/

insiderbuyingselling Posted - 1 week ago

$PSTG new insider selling: 7500 shares. http://insiderbuyingselling.com/?t=PSTG

trplbiem Posted - 1 week ago

$PSTG Purity runs on Flash it's nothing like it that exists

trplbiem Posted - 1 week ago

$PSTG pltr is at 50b market cap. Pure Storage is only 17b and it's going to be the leader in large scale language models. Cathy woods and dumb money got the wrong ticker.

NotaTraitor Posted - 1 week ago

$PSTG STRONG

WallStJesus Posted - 1 week ago

$PSTG SEP BULL BET

Analyst Ratings

Raymond James	Outperform	Apr 19, 24
Susquehanna	Positive	Apr 11, 24
Needham	Buy	Apr 11, 24
Citigroup	Buy	Mar 15, 24
Keybanc	Overweight	Mar 12, 24
Needham	Buy	Mar 6, 24
Keybanc	Overweight	Feb 29, 24
Stifel	Hold	Feb 29, 24
Morgan Stanley	Overweight	Feb 29, 24

Insider Trades	Relationship	Date	Transactions	Cost($)	#Shares	Value($)	#Share Own	SEC Form 4
Colgrove John	Chief Visionary Offi.. Chief Visionary Officer	Jan 09	Option	2.98	499,329	1,488,000	8,489,026	01/11/24
Taylor Roxanne	Director Director	Dec 19	Sell	37.05	16,216	600,803	55,743	12/21/23
Yen Mallun	Director Director	Jul 11	Sell	37.95	12,495	474,185	40,316	07/13/23
Brown Andrew William Fraser	Director Director	Jun 26	Sell	35.8313	9,097	325,957	44,964	06/28/23
Murphy John Francis	Director Director	Jun 22	Sell	36.5618	9,097	332,603	36,396	06/22/23
FitzSimons Dan	Chief Revenue Office.. Chief Revenue Officer	Jun 20	Sell	36.44	40,668	1,481,942	160,119	06/22/23
FitzSimons Dan	Chief Revenue Office.. Chief Revenue Officer	Jun 20	Option	17	25,000	425,000	200,787	06/22/23
Krysler P. Kevan	Chief Financial Offi.. Chief Financial Officer	Jun 20	Sell	37.04	26,925	997,302	528,059	06/22/23
Chu Mona	Chief Accounting Off.. Chief Accounting Officer	Jun 15	Sell	37.5102	7,567	283,840	155,424	06/20/23
Singh Ajay	Chief Product Office.. Chief Product Officer	Jun 10	Sell	36.4151	37,084	1,350,418	414,393	06/14/23
Taylor Roxanne	Director Director	Apr 13	Sell	26.0814	19,155	499,589	63,416	04/14/23
FitzSimons Dan	Chief Revenue Office.. Chief Revenue Officer	Mar 20	Sell	24.49	28,481	697,500	192,530	03/22/23
Krysler P. Kevan	Chief Financial Offi.. Chief Financial Officer	Dec 29	Sell	27.0584	27,679	748,949	480,831	12/30/22
Tomb Gregory	Director Director	Dec 27	Sell	26.649	10,643	283,625	30,544	12/29/22
Brown Andrew William Fraser	Director Director	Sep 12	Sell	30.181	12,637	381,397	55,448	09/14/22
Singh Ajay	Chief Product Office.. Chief Product Officer	Mar 23	Sell	34.388	36,338	1,249,591	378,654	03/25/22
Brown Andrew William Fraser	Director Director	Mar 21	Sell	35.1996	11,564	407,048	58,988	03/22/22
Dietzen Scott	Director Director	Dec 08	Sell	20.71	400,000	8,284,000	457,000	12/08/20
Dietzen Scott	Director Director	Nov 24	Sell	19.09	366,900	7,004,121	557,000	11/24/20
Dietzen Scott	Director Director	Nov 20	Sell	19	3,100	58,900	624,900	11/20/20
Dietzen Scott	Director Director	Oct 13	Sell	18.01	185,000	3,331,850	627,000	10/13/20