Jun. 30 at 8:12 PM
Activist investor Jana Partners has reportedly built a new stake in Everpure (
$P), formerly Pure Storage, according to Reuters, and is expected to disclose the position in a regulatory filing. The fund began accumulating shares in Q1 2026 and requested confidential treatment from the SEC, keeping the position out of its most recent 13F disclosure. It previously held over 1 million shares at the end of Q1, though the current size remains undisclosed.
Everpure, based in Santa Clara, rebranded in early 2026 to reflect its transition from a traditional storage company to an AI-focused data management platform. The company has a market capitalization of approximately
$23B and recently reported a Q1 earnings beat.
Jana Partners, led by Scott Ostfeld, has a history of activist campaigns, including pushing Frontier Communications toward a sale to Verizon (
$VZ) and encouraging Fiserv to streamline its business portfolio.
