During the recent session, Pure Storage Inc (NYSE:PSTG)’s traded shares were 1.65 million, with the beta value of the company hitting 1.06. At the last check today, the stock’s price was $51.08, reflecting an intraday loss of -7.36% or -$4.06. The 52-week high for the PSTG share is $73.67, that puts it down -44.22 from that peak though still a striking 32.44% gain since the share price plummeted to a 52-week low of $34.51. The company’s market capitalization is $16.71B, and the average trade volume was 2.97 million shares over the past three months.
Pure Storage Inc (PSTG) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.67. PSTG has a Sell rating from 2 analyst(s) out of 17 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 11 recommend a Buy rating for it.
Pure Storage Inc (NYSE:PSTG) trade information
Pure Storage Inc (PSTG) registered a -7.36% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -7.36% in intraday trading to $51.08, hitting a weekly high. The stock’s 5-day price performance is -7.80%, and it has moved by 12.07% in 30 days. Based on these gigs, the overall price performance for the year is -16.33%.
The consensus price target of analysts on Wall Street is $75, which implies an increase of 31.89% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $75 and $75 respectively. As a result, PSTG is trading at a discount of -46.83% off the target high and -46.83% off the low.
PSTG Dividends
Pure Storage Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Pure Storage Inc (NYSE:PSTG)’s Major holders
The next largest institutional holding, with 33.38 million shares, is of BLACKROCK INC.’s that is approximately 10.2298% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.14 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Pure Storage Inc (PSTG) shares are Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund and iShares Trust-iShares Core S&P Mid-Cap ETF. Data provided on Mar 31, 2025 indicates that Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund owns about 15.94 shares. This amounts to just over 4.87 percent of the company’s overall shares, with a $818.53 million market value. The same data shows that the other fund manager holds slightly less at 10.03, or about 3.07% of the stock, which is worth about $515.33 million.
