New insider activity at Pure Storage ( (PSTG) ) has taken place on December 23, 2025.
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Chief Product Officer Ajay Singh has sold 14,216 shares of Pure Storage stock in a transaction valued at $968,467, signaling a notable insider move at the company.
Recent Updates on PSTG stock
Over the last 24 hours, Pure Storage (PSTG) has seen active bullish trading interest, with call option volume notably elevated and implied volatility ticking higher as investors position ahead of its late‑February earnings. The company’s strong Q3 results and raised fiscal 2026 guidance—driven by double‑digit revenue growth, expanding subscription revenue, and healthy operating margins—continue to underpin a positive fundamental narrative, reinforced by strategic wins such as rapid Enterprise Data Cloud adoption, a new Azure‑native cloud offering with Microsoft, and recognition as a leader in Gartner’s Magic Quadrant. However, some analyst sentiment has turned more cautious despite solid margins, reflecting concerns that scaling the hyperscaler business to a larger exabyte footprint and associated software revenue will take longer and remains less visible, especially amid supply chain constraints, rising component costs, and possible future shifts in gross margin economics. These mixed signals—strong near‑term execution and guidance versus uncertainty around the timing and profitability of hyperscaler expansion—are driving the latest changes in analyst stances and option positioning rather than any single company announcement or macro shock in the last day.
Spark’s Take on PSTG Stock
According to Spark, TipRanks’ AI Analyst, PSTG is a Neutral.
Pure Storage’s overall stock score reflects strong financial performance and positive earnings call insights, which are offset by technical indicators suggesting bearish momentum and a high valuation. The company’s strategic initiatives and increased guidance provide optimism, but the high P/E ratio and bearish technical signals warrant caution.
To see Spark’s full report on PSTG stock, click here.
More about Pure Storage
YTD Price Performance: 7.73%
Average Trading Volume: 3,707,479
Technical Sentiment Signal: Buy
Current Market Cap: $22.82B