Alliancebernstein LP Holds Position in Pure Storage, Inc. (PSTG)

Walter & Keenan Financial Consulting MI ADV boosted its stake in stocks of Pure Storage, (NYSE:PSTG) by 24.1% through out the Fiscal Q2, based on the latest 13F document with the SEC. The firm owned 62,300 shares of the technology company's stock at the end of the first quarter. (NYSE:PSTG) during the first quarter, according to its most recent filing with the SEC. The stock decreased 0.87% or $0.11 during the last trading session, reaching $12.54. UBS Asset Management Americas Inc. now owns 26,500 shares of the technology company's stock valued at $260,000 after buying an additional 9,100 shares during the last quarter. Renaissance Technologies LLC owned approximately 0.62% of Pure Storage worth $12,622,000 at the end of the most recent reporting period. Two financial stock experts recommended the company shares with a sell recommendation, eight have published a hold recommendation, sixteen have published a buy recommendation and 1 has given a strong buy recommendation to the firms shares. Bank of New York Mellon Corp now owns 276,581 shares of the technology company's stock valued at $2,718,000 after buying an additional 23,682 shares during the last quarter. Vanguard Group Inc. now owns 5,570,051 shares of the technology company's stock valued at $54,753,000 after buying an additional 997,067 shares in the last quarter. Quantbot Technologies LP increased its stake in Pure Storage by 8.2% in the first quarter. (PSTG) Shares Bought by Walter & Keenan Financial Consulting Co. Company's 50 day SMA is $13.01 and its 200 day SMA is $11.64.

Pure Storage, Inc. has a 52 week low of $9.12 and a 52 week high of $15.14.

Pure Storage (NYSE:PSTG) last announced its quarterly earnings data on Wednesday, May 24th. Pure Storage earned a daily sentiment score of 0.26 on Accern's scale. The company had revenue of $182.60 million during the quarter, compared to analysts' expectations of $176.13 million. Pure Storage had a negative return on equity of 44.04% and a negative net margin of 31.62%. The company's revenue for the quarter was up 30.5% on a year-over-year basis. Equities analysts forecast that Pure Storage, Inc. will post ($0.27) earnings per share for the current year. "MI ADV" was posted by BBNS and is owned by of BBNS. "(PSTG)" was originally posted by Markets Daily and is the sole property of of Markets Daily. If you are viewing this piece of content on another domain, it was stolen and republished in violation of US & global trademark and copyright legislation. The original version of this piece can be viewed at https://www.themarketsdaily.com/2017/08/11/pure-storage-inc-pstg-position-boosted-by-renaissance-technologies-llc-updated-updated-updated.html.

British teenager dies while snorkelling in Greece
A British watersports instructor died while swimming underwater and snorkelling in Greece, it has been reported. According to BBC News the Peligoni Club said it was working with local authorities to investigate the incident.

A number of analysts recently weighed in on the stock. Company insiders own 46.58% of the company's stock. Jefferies raised the price objective on Pure Storage from $10.00 to $11.50 and issued the shares a "hold" recommendation in a study on Thurs, May 25th. BidaskClub lowered shares of Pure Storage from a "hold" rating to a "sell" rating in a research note on Tuesday, August 1st. Finally, JMP Securities set a $16.00 target price on shares of Pure Storage and gave the stock a "buy" rating in a research report on Friday, May 26th. Robert W. Baird reissued a "hold" rating on shares of Pure Storage in a research report on Thursday, April 13th. Morgan Stanley reaffirmed an "equal weight" rating and issued a $13.00 price target (up previously from $12.00) on shares of Pure Storage in a report on Wednesday, June 14th. The company now has a consensus rating of "Buy" and an average price target of $15.61. Also, Director Michelangelo Volpi unloaded 35,673 stocks of Pure Storage shares in a trade on Early Thur, Jun 22nd. Also, CFO Timothy Riitters sold 10,248 shares of the firm's stock in a transaction that occurred on Thursday, July 6th. The stock was sold at an average price of $13.12, for a total value of $65,600.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The stock was sold at an average price of $12.81, for a total transaction of $131,276.88. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,312,246 shares of company stock worth $30,410,081. The Firm is focused on delivering software-defined all-flash solutions that are fast and cloud-capable for customers, enabling clients to put data to work for their businesses.

Pure Storage, Inc provides a data platform. The Company's data platform replaces storage systems designed for mechanical disk with all-flash systems optimized end-to-end for solid-state memory.

Related news:

Hot News

isis-killer-beheading-video-story-top Trump, Macron to work together on N. Korea
Aoû 12, 2017 - 21:51
It said the relationship between the two Presidents is an extremely close one, and will hopefully lead to a peaceful resolution of the North Korea problem.

isis-killer-beheading-video-story-top Global stocks fall on Trump's North Korea warning; US$ up after data
Aoû 12, 2017 - 21:44
The 10-year notes US10YT=RR last fell 3/32 in price to yield 2.2655 percent, from 2.257 percent late on Monday. Information technology fell 1.24 percent, hurt by a 16.6 percent plunge to C$66.50 in Kinaxis Inc stock.

United Kingdom supermarkets bin egg products amid Europe contamination scare
Aoû 12, 2017 - 21:44
An estimated five billion eggs are sold each year to Germany alone, according to a poultry farming union in the Netherlands . Millions of hens across Europe may be destroyed and some supermarkets have taken eggs off their shelves.

isis-killer-beheading-video-story-top Chelsea chute, Rooney ce héros — Ang
Aoû 12, 2017 - 21:35
Dans les autres rencontres, Wayne Rooney, le revenant, a donné la victoire à son club de cœur Everton, aux dépens de Stoke (1-0). L'Allemand pourra au moins être ravi de sa recrue Mohamed Salah et du retour en forme de Sadio Mané.

isis-killer-beheading-video-story-top Red Wings Threaten Legal Action over Use of Logo During Virginia Marches
Aoû 12, 2017 - 21:19
The group is wholly unrelated to the team and did not receive permission to use the logo. It is not yet evident whether that group was in attendance in Charlottesville.

Sanson démarre sur le banc à Nantes — OM
Aoû 12, 2017 - 21:18
Pour le reste, c'est du grand classique à l'exception du milieu de terrain où Zambo Anguissa accompagnera Luiz Gustavo et Lopez. L'entraîneur de Nantes a aligné un duo Sala-Bammou devant, Préjuce Nakoulma débutant la rencontre sur le banc.

Is ACCO Brands Corporation (ACCO) Buy Now?
Aoû 12, 2017 - 21:14
TRADEMARK VIOLATION WARNING: This piece of content was first published by Week Herald and is the sole property of of Week Herald. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of global copyright laws.

isis-killer-beheading-video-story-top President Trump: North Korea 'will regret it fast'
Aoû 12, 2017 - 21:12
The Associated Press reports that Yun is the only USA diplomat in contact with representatives of the North Korean government. President Trump , in some ways, has been more flexible in his approach to North Korea than President Barack Obama.

Healthcare Realty Trust Incorpo (NYSE:HR) Trading Volume Significantly Higher
Aoû 12, 2017 - 21:10
Healthcare Realty Trust Incorporated (NYSE:HR) now has an average analyst recommendation of 2.60 according to analysts. The real estate investment trust reported $0.39 EPS for the quarter, missing the consensus estimate of $0.40 by $0.01.

isis-killer-beheading-video-story-top Syrian Army Bombs Kill Four Civilians in Safe Zones
Aoû 12, 2017 - 20:56
Sweida province was not included in a US-Russian brokered ceasefire that took effect in nearby areas of the southwest in July. It has since turned into an all-out war that has drawn in global powers and killed more than 330,000 people.

isis-killer-beheading-video-story-top Jamie Carragher and Jamie Redknapp get into argument over Virgil van Dijk
Aoû 12, 2017 - 20:55
But Carragher continued to argue that the Reds' system would still undermine their defensive personnel. In the Sky Sports studio, Carragher and Jamie Redknapp weren't impressed with Liverpool's defending.

Darling Ingredients Inc. (DAR) Downgraded by BidaskClub
Aoû 12, 2017 - 20:52
BidaskClub downgraded Darling Ingredients from a "buy" rating to a "hold" rating in a research report on Thursday, August 3rd. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by $0.05.

isis-killer-beheading-video-story-top Syrian rescue volunteers killed in shooting
Aoû 12, 2017 - 20:50
They receive funding from a number of Western governments, including Britain, Germany, the Netherlands and the United States. President Bashar al Assad's government, meanwhile, accuses the group of faking videos and being a tool of its global donors.

isis-killer-beheading-video-story-top Pampling rushes tee shot 'for the boys'
Aoû 12, 2017 - 20:50
He was happy, as well. "Obviously to be able to finish and not have to wake up at 5:30 (a.m.) tomorrow, get some rest". At 12-over par, Rod Pampling knew there wasn't to be a weekend of golf at the PGA Championship this year.

isis-killer-beheading-video-story-top " "Le gouvernement néerlandais reconnaît " des erreurs " — Oeufs contaminés
Aoû 12, 2017 - 20:49
Autre enquête aux Pays-Bas: Chickfriend aurait pour sa part acheté délibérement ce produit en sachant ce qu'il contenait. Les Pays-Bas ont reconnu jeudi avoir été alertés de la présence de fipronil dans un élevage de poules dès novembre 2016.