Pure Storage, Inc. (PSTG) Reaches $22.13 After 7.00% Up Move; GLUSKIN SHEFFF ASSOCIATES COMMON SH (GLUSF) Shorts Raised By 17.03%

February 26, 2018 - By reb123z

GLUSKIN SHEFFF ASSOCIATES INC COMMON SH (OTCMKTS:GLUSF) had an increase of 17.03% in short interest. GLUSF’s SI was 91,400 shares in February as released by FINRA. Its up 17.03% from 78,100 shares previously. With 1,200 avg volume, 76 days are for GLUSKIN SHEFFF ASSOCIATES INC COMMON SH (OTCMKTS:GLUSF)’s short sellers to cover GLUSF’s short positions. The SI to GLUSKIN SHEFFF ASSOCIATES INC COMMON SH’s float is 0.33%. It closed at $11.82 lastly. It is down 0.00% since February 26, 2017 and is . It has underperformed by 16.70% the S&P500.

The stock of Pure Storage, Inc. (NYSE:PSTG) is a huge mover today! The stock increased 1.92% or $0.417 during the last trading session, reaching $22.127. About 789,797 shares traded. Pure Storage, Inc. (NYSE:PSTG) has declined 30.05% since February 26, 2017 and is downtrending. It has underperformed by 46.75% the S&P500.The move comes after 8 months positive chart setup for the $4.80 billion company. It was reported on Feb, 26 by Barchart.com. We have $23.68 PT which if reached, will make NYSE:PSTG worth $335.79M more.

Gluskin Sheff + Associates Inc. is a publicly owned investment manager. The company has market cap of $359.85 million. The firm also provides wealth management services. It has a 12.82 P/E ratio. It primarily provides its services to high net worth investors, including entrepreneurs, professionals, family trusts, private charitable foundations, pension and profit sharing plans, pooled investment vehicles, charitable organizations , firms, institutions, insurance companies, and estates.

Analysts await Pure Storage, Inc. (NYSE:PSTG) to report earnings on March, 1 after the close. They expect $-0.14 EPS, up 33.33% or $0.07 from last year’s $-0.21 per share. After $-0.20 actual EPS reported by Pure Storage, Inc. for the previous quarter, Wall Street now forecasts -30.00% EPS growth.

Among 25 analysts covering Pure Storage (NYSE:PSTG), 17 have Buy rating, 0 Sell and 8 Hold. Therefore 68% are positive. Pure Storage had 40 analyst reports since October 8, 2015 according to SRatingsIntel. Barclays Capital initiated Pure Storage, Inc. (NYSE:PSTG) on Monday, November 2 with “Equal-Weight” rating. As per Wednesday, June 29, the company rating was initiated by Robert W. Baird. The rating was maintained by Wells Fargo with “Outperform” on Friday, May 26. UBS initiated the stock with “Neutral” rating in Monday, October 19 report. Susquehanna upgraded the stock to “Positive” rating in Tuesday, April 4 report. The firm earned “Buy” rating on Monday, November 2 by Evercore. The stock has “Overweight” rating by Pacific Crest on Friday, June 16. The company was initiated on Monday, November 2 by KeyBanc Capital Markets. The company was initiated on Monday, November 2 by Stifel Nicolaus. The rating was maintained by Maxim Group on Friday, May 26 with “Buy”.

Pure Storage, Inc. engages in building a data platform that enables businesses to enhance performance and reduce complexity and costs worldwide. The company has market cap of $4.80 billion. The firm delivers its data platform through Purity Operating Environment, an optimized software for solid-state memory that offers enterprise-class storage and protocol services; FlashArray and FlashBlade optimized hardware products for solid-state memory to enhance the performance and density of flash, optimize its advanced software services, and reduce solution cost for customers; Pure1, a cloud management and support software; and FlashStack, a converged infrastructure solution. It currently has negative earnings. The Company’s data platform is used for a range of storage use cases, including database applications, large-scale analytics, private and public cloud infrastructure, Webscale applications, virtual server infrastructure, and virtual desktop infrastructure; and helps clients scale their businesses through real-time and accurate analytics, increase employee productivity, improve operational efficiency, and deliver compelling user experiences to their clients and partners.

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