Analyst Expects Pure Storage Inc (NYSE: PSTG) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

As a NYSE listed company, PSTG falls under the Technology sector while operating within the Computer Hardware industry segment. The current market capitalization of Pure Storage Inc is $19.49B. A total of 3.71 million shares were traded on the day, compared to an average of 3.49M shares.

In the most recent transaction, Colgrove John sold 100,000 shares of PSTG for 59.50 per share on Jul 18 ’24. After the transaction, the Chief Visionary Officer now owns 900,000 company shares. In a previous transaction on Jul 05 ’24, Krysler P. Kevan sold 14,296 shares at 63.79 per share. PSTG shares that Chief Financial Officer owns now total 518,623.

Among the insiders who sold shares, Chu Mona disposed of 10,000 shares on Jun 18 ’24 at a per-share price of $70.11. This resulted in the Chief Accounting Officer holding 130,547 shares of PSTG after the transaction. In another insider transaction, Taylor Roxanne sold 8,543 shares at $69.24 per share on Jun 18 ’24. Company shares held by the Director now total 14,608.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, PSTG has a high of $70.41 and a low of $31.00.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. PSTG’s latest balance sheet shows that the firm has $1.41B in Cash & Short Term Investments as of fiscal 2022. There were $916.39M in debt and $952.32M in liabilities at the time. Its Book Value Per Share was $4.23, while its Total Shareholder’s Equity was $754.34M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PSTG is Buy with a score of 4.20.

Most Popular

Related Posts