Everpure chief accounting officer Mona Chu sells $399,850 in shares

Everpure, Inc. (NASDAQ:P) saw Chief Accounting Officer Mona Chu sell 2,852 shares of the company's Class A Common Stock on October 2, 2026, for a total of approximately $399,850. At the time of the sale, the stock was trading at $154.49, close to its 52-week high of $157.05. This insider sale follows a 73% surge in the stock's price over the past year, despite InvestingPro's analysis suggesting the stock is overvalued relative to its Fair Value.

Meanwhile, Everpure has raised its fiscal 2028 revenue outlook to between $7.0 billion and $7.3 billion, representing a year-over-year growth of 39% to 45%, and expects non-GAAP operating income to range between $1.7 billion and $1.9 billion, indicating a significant year-over-year growth of 80% to 100%. These developments have garnered positive attention, with Needham raising its price target on Everpure to $185 from $150, maintaining a Buy rating, and Piper Sandler increasing its price target to $162 from $133, also maintaining an Overweight rating.

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