Pure Storage had 39 analyst reports since October 8, 2015 according to SRatingsIntel. GAM Holding AG purchased a new position in Pure Storage during the third quarter worth about $5,392,000.
Cypress Semiconductor Corporation (CY) knifed -0.29 percent lower and now trades for $16.92. Robert W. Baird initiated Pure Storage Inc (NYSE:PSTG) on Wednesday, June 29 with "Neutral" rating. During the same period in the prior year, the firm posted ($0.16) EPS. analysts predict that Pure Storage will post -0.97 earnings per share for the current fiscal year. The company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.15) by $0.05. Zacks Investment Research's earnings per share calculations are a mean average based on a survey of sell-side research analysts that follow Pure Storage.
Pure Storage, Inc. (NYSE:PSTG)'s RSI (Relative Strength Index) is 65.52. The company had revenue of $224.50 million for the quarter, compared to the consensus estimate of $217.97 million. Pure Storage's revenue was up 37.6% compared to the same quarter previous year. The firm's quarterly revenue was up 37.6% compared to the same quarter past year.
Tehachapi honors local veterans during ceremony at Central Park
The ceremony has been an integral part of American Legion ritual since that date. Kids lined the streets waving flags and grabbing candy.
A number of equities analysts recently commented on PSTG shares.
Pure Storage, Inc. (PSTG) closed 31.21% above its 200-day moving average and is 6.69% above another chart threshold, its 50-day moving average. Finally, JMP Securities restated a "buy" rating on shares of Pure Storage in a research note on Thursday, December 1st. BMO Capital Markets reiterated an "outperform" rating and set a $16.00 price objective (up from $15.00) on shares of Pure Storage in a report on Friday, August 25th. Marcus Capital LLC now owns 231,500 shares of the technology company's stock valued at $2,966,000 after buying an additional 84,600 shares during the period. A 13 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of PSTG or, if they already own its stock, sell it. The company has an average rating of "Buy" and a consensus price target of $16.36.
This article was originally published by and is the sole property of. If you are reading this piece on another domain, it was illegally copied and republished in violation of USA and global copyright and trademark legislation. The legal version of this article can be read at investing/pure-storage-inc-pstg-shares-sold-by-blackrock-advisors-llc/1113624.html.
Banco Bilbao Viscaya Argentaria SA
Investors are feeling more bearish on Banco Bilbao Viscaya Argentaria S.A. recently as implied by the uptick in short interest. Shares of Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) traded up 1.04% during trading on Tuesday, reaching $6.80.
In other news, President David Hatfield sold 30,000 shares of Pure Storage stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $14.56, for a total value of $72,800.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The stock was sold at an average price of $16.35, for a total value of $1,144,500.00. Following the completion of the sale, the chief financial officer now owns 282,200 shares in the company, valued at approximately $4,108,832. The disclosure for this sale can be found here. The firm's stock has a market capitalization of $3.5 bln.
A number of hedge funds have recently added to or reduced their stakes in the business. On the other hand, company insiders are holding 1.20%. UBS Asset Management Americas Inc. now owns 26,500 shares of the technology company's stock worth $260,000 after acquiring an additional 9,100 shares during the period. American International Group Inc. lifted its stake in shares of Pure Storage by 17.3% in the first quarter. Vanguard Group Inc. now owns 7,059,059 shares of the technology company's stock worth $90,427,000 after purchasing an additional 1,489,008 shares during the last quarter. Finally, California State Teachers Retirement System increased its position in Pure Storage by 110.1% in the second quarter. JPMorgan Chase & Co. now owns 69,105 shares of the technology company's stock worth $679,000 after acquiring an additional 24,817 shares during the period.
Pure Storage (NYSE PSTG) traded up $0.25 during trading on Monday, reaching $16.83. The average 1-year price target for (CY) reveals an average price target of $17.92 per share. The stock's 52-week range is $9.12 to $16.65, and its 3-month range is $12.01 to $16.87.
Georgia networking event invites whites to 'Come Meet a Black Person'
Come Meet a Black Person will be held at Cornerstone in Lawrenceville, Georgia on Thursday, November 16. It will also include a cultural scavenger hunt aimed at enlightening guests about the Black community.
The average 1-year price target for Pure Storage, Inc. The Company is focused on delivering software-defined all-flash solutions that are fast and cloud-capable for customers, enabling customers to put data to work for their businesses. The Company's data platform replaces storage systems designed for mechanical disk with all-flash systems optimized end-to-end for solid-state memory.