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. Yahoo Finance discussed the stock recently as it posted Pure Storage Accelerates Enterprise AI Adoption to Meet Growing Demands with NVIDIA AI.
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Stocks Info
As a NYSE listed company, PSTG falls under the Technology sector while operating within the Computer Hardware industry segment. At the end of the last regular session, the stock closed at $52.84 and fluctuated between $53.26 as its day high and $52.33 as its day low. The current market capitalization of Pure Storage Inc is $16.70B. A total of 3.29 million shares were traded on the day, compared to an average of 5.07M shares.
In the most recent transaction, FitzSimons Dan sold 36,437 shares of PSTG for 53.80 per share on Mar 01 ’24. After the transaction, the Chief Revenue Officer now owns 90,559 company shares. In a previous transaction on Mar 01 ’24, Chu Mona sold 6,853 shares at 55.66 per share. PSTG shares that Chief Accounting Officer owns now total 133,100.
Among the insiders who sold shares, Krysler P. Kevan disposed of 26,257 shares on Dec 28 ’23 at a per-share price of $35.89. This resulted in the Chief Financial Officer holding 444,021 shares of PSTG after the transaction. In another insider transaction, Taylor Roxanne sold 16,216 shares at $37.05 per share on Dec 19 ’23. Company shares held by the Director now total 55,743.
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 $58.46 and a low of $22.14.
As of this writing, PSTG has an earnings estimate of $0.21 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $0.26 per share and a lower estimate of $0.18. The company reported an EPS of $0.5 in the last quarter, which was 25.00% higher than expectations of $0.4.
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 $3.63, 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 4.58.
