<div id="readability-page-1"><p>Osaic Holdings Inc. increased its position in shares of  Pure Storage, Inc. (NYSE:PSTG - Free Report) by 34.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 68,307 shares of the technology company's stock after buying an additional 17,614 shares during the period. Osaic Holdings Inc.'s holdings in Pure Storage were worth $3,837,000 at the end of the most recent reporting period.</p><ul><li>3 AI Names With Big Buybacks: GEV, PSTG, and LSCC Signal Confidence</li></ul><p>Other institutional investors have also recently added to or reduced their stakes in the company. Penserra Capital Management LLC increased its position in shares of  Pure Storage by 11.8% during the second quarter. Penserra Capital Management LLC now owns 1,666 shares of the technology company's stock worth $95,000 after acquiring an additional 176 shares during the last quarter.  Empowered Funds LLC grew its stake in  Pure Storage by 4.2% during the 1st quarter. Empowered Funds LLC now owns 4,790 shares of the technology company's stock valued at $212,000 after purchasing an additional 194 shares in the last quarter.  Ramirez Asset Management Inc. increased its holdings in  Pure Storage by 40.0% during the 2nd quarter. Ramirez Asset Management Inc. now owns 700 shares of the technology company's stock worth $40,000 after purchasing an additional 200 shares during the last quarter.  REAP Financial Group LLC increased its holdings in  Pure Storage by 49.0% during the 2nd quarter. REAP Financial Group LLC now owns 611 shares of the technology company's stock worth $35,000 after purchasing an additional 201 shares during the last quarter.  Finally, GraniteShares Advisors LLC raised its position in shares of  Pure Storage by 2.6% in the 2nd quarter. GraniteShares Advisors LLC now owns 8,001 shares of the technology company's stock valued at $461,000 after purchasing an additional 206 shares in the last quarter. Institutional investors and hedge funds own  83.42% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><p>PSTG has been the subject of a number of research analyst reports. Tigress Financial  set a $105.00 price target on shares of Pure Storage in a research note on Wednesday, December 3rd. Guggenheim raised their price objective on shares of Pure Storage from $93.00 to $105.00 and gave the stock a &#34;buy&#34; rating in a report on Friday, September 26th. TD Cowen upped their target price on shares of Pure Storage from $85.00 to $100.00 and gave the company a &#34;buy&#34; rating in a research note on Wednesday, December 3rd. Lake Street Capital increased their price target on shares of Pure Storage from $80.00 to $92.00 and gave the stock a &#34;buy&#34; rating in a research report on Wednesday, December 3rd. Finally, Morgan Stanley  set a $83.00 price objective on Pure Storage in a report on Wednesday, December 3rd. Thirteen analysts have rated the stock with a Buy rating, six have given a Hold rating and one  has given a Sell rating to the company. According to MarketBeat.com, Pure Storage presently has an average rating of &#34;Moderate Buy&#34; and an average target price of $95.26.</p><ul><li>MarketBeat Week in Review – 12/8 - 12/12</li></ul><p><b>Get Our Latest Analysis on PSTG</b></p><h2>Insider Buying and Selling</h2><p>In related news, insider Ajay Singh sold 7,178 shares of the business's stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $67.14, for a total transaction of $481,930.92. Following the completion of the transaction, the insider owned 215,091 shares in the company, valued at $14,441,209.74. The trade was a 3.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider John Colgrove sold 100,000 shares of the company's stock in a transaction on Monday, December 8th. The stock was sold at an average price of $71.31, for a total value of $7,131,000.00. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 316,269 shares of company stock valued at $26,792,848. Insiders own  5.60% of the company's stock. </p><h2>Pure Storage Stock Performance</h2><ul><li>Pure Storage's 27% Fall: Real Opportunity or Deserved Correction?</li></ul><p>Pure Storage stock opened at $67.01 on Thursday. Pure Storage, Inc. has a 1 year low of $34.51 and a 1 year high of $100.59. The firm's 50-day moving average is $83.34 and its 200-day moving average is $72.84. The company has a market cap of $22.12 billion, a P/E ratio of 176.34, a PEG ratio of 7.52 and a beta of 1.27. </p><p>Pure Storage (NYSE:PSTG - Get Free Report) last released its quarterly earnings data on Tuesday, September 9th. The technology company reported $0.44 earnings per share for the quarter. Pure Storage had a net margin of 3.74% and a return on equity of 10.60%. The firm had revenue of $763.77 million for the quarter.  As a group, sell-side analysts predict that  Pure Storage, Inc. will post 0.44 earnings per share for the current year. </p><h2>Pure Storage Company Profile</h2> (Free Report)<p>Pure Storage, Inc <span>NYSE: PSTG<span></span></span> is a technology company that designs and sells data storage hardware and software for enterprise and cloud environments. The company is best known for its all-flash storage arrays that are engineered to deliver high performance, low latency and simplified management compared with traditional disk-based systems. Its product portfolio includes purpose-built arrays and software aimed at transactional databases, virtualized infrastructures, analytics and large-scale file/object workloads.  </p><p>Key product and software offerings include the FlashArray family for block storage and FlashBlade for file and object workloads, together with Purity, the company's storage operating environment.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Pure Storage</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Forget AI, This Will Be the Next Big Tech Breakthrough</li></ul><p><strong>Want to see what other hedge funds are holding PSTG?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pure Storage, Inc. (NYSE:PSTG - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBTVEc?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBTVEc"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Pure Storage Right Now?</h2><p>Before you consider Pure Storage, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pure Storage wasn't on the list.</p><p>While Pure Storage currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

PSTG

<p>Osaic Holdings Inc. increased its stake in Pure Storage, Inc. by 34.7% in Q2, owning 68,307 shares worth $3.837 million. Analysts have given Pure Storage a "Moderate Buy" rating with an average target price of $95.26. Insiders sold 316,269 shares valued at $26.79 million in the last 90 days. Pure Storage's stock opened at $67.01, with a market cap of $22.12 billion.</p>

Osaic Holdings Inc. Increases Stock Position in Pure Storage, Inc. $PSTG