Everpure Shares Jump 8% on Jana Stake

Overview

Everpure (NYSE:P) shares rose approximately 8% on Tuesday afternoon after Reuters reported that activist hedge fund Jana Partners has built a new position in the technology company.

Investor Activity

Jana Partners started accumulating Everpure shares in the first quarter of 2026. By the end of Q1 the fund owned more than 1 million shares of the Santa Clara‑headquartered firm, which was previously known as Pure Storage. The fund did not disclose the holding in its Form 13‑F because it had requested confidential treatment from U.S. regulators, according to two sources and documents reviewed by Reuters.

Disclosure Timeline

The exact size of Jana’s stake remains undetermined, and the hedge fund, managed by managing partner Scott Ostfeld, is expected to reveal the holding in a forthcoming regulatory filing.

Company Background

Everpure, formerly Pure Storage, is a technology company based in Santa Clara, California. The stock’s rise occurred despite uncertainty about any strategic changes Jana Partners may seek to implement.