On December 24, 2024, Dan Fitzsimons, Chief Revenue Officer at Pure Storage Inc, sold 8,895 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 72,927 shares of Pure Storage Inc.
Pure Storage Inc (PSTG, Financial) is a technology company that provides data storage solutions. The company offers a range of products and services designed to help businesses manage and store their data efficiently.
Over the past year, Dan Fitzsimons has sold a total of 93,391 shares and has not purchased any shares. The insider transaction history for Pure Storage Inc indicates that there have been no insider buys in the past year, while there have been 31 insider sells.
On the day of the recent sale, shares of Pure Storage Inc were trading at $64.11, giving the stock a market cap of $21.336 billion. The company's price-earnings ratio stands at 172.11, which is higher than the industry median of 23.73 but lower than the company's historical median price-earnings ratio.
With a trading price of $64.11 and a GF Value of $39.38, Pure Storage Inc has a price-to-GF-Value ratio of 1.63, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
