Everpure chief product officer Ajay Singh sells $2.8m in company shares

Ajay Singh, Chief Product Officer at Everpure, Inc., sold $2.8 million worth of the company's Class A Common Stock on October 13, 2026, in accordance with a recent filing. The sale involved 18,267 shares, which were traded at an average price of $155.24 per share. Individual transactions took place within a range of $155.22 to $155.58 per share.

Singh now owns 270,095 shares of Everpure, Inc. Class A Common Stock following the transaction. The sale occurred near the stock's 52-week high of $157.57, and the stock has since dropped by 13.65% over the past week, reaching a current price of $133.40. According to InvestingPro, Everpure appears overvalued, making it a part of the company's Most Overvalued list.

Everpure has recently announced its fiscal 2028 financial outlook, projecting revenue between $7.0 billion and $7.3 billion, which represents year-over-year growth of 39% to 45%. The company also expects non-GAAP operating income to range between $1.7 billion and $1.9 billion, reflecting an increase of 80% to 100% compared to the previous year.

Analyst firms have responded to these developments by adjusting their price targets, with Guggenheim raising its target to $215, Needham to $185, and Piper Sandler to $162. These adjustments reflect a positive outlook on Everpure's future growth and financial performance.