Should you buy Purple Innovation stock? (NasdaqCM:PRPL). Let's see how it does in our automated value investing analysis system.
Advertisement helps keep Trendshare free for most readers.
Estimate how long you need to hold Purple Innovation to reach your target.
| Advantages | Disadvantages | Neutral |
|---|---|---|
|
|
|
| PRPL Price (Purple Innovation stock price per share) |
$7.25 | |
| PE Ratio versus Sector | 344% higher than other Consumer Cyclical stocks | |
| PE Ratio versus Industry | 379% higher than other Furnishings, Fixtures & Appliances stocks | |
| Free Cash Flow Jitter | 19% |
Open-market buys and sells reported by Purple Innovation's officers, directors, and 10% owners on SEC Form 4. Routine transactions (tax withholding, option exercises, and stock grants) are excluded -- these are discretionary trades only.
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-04T00:00:00 | Lucian Robert Gerard (Chief Financial Officer) | Buy | 60,000 | $0.49 |
| 2024-06-28T00:00:00 | DeMartini Robert (Chief Executive Officer) | Buy | 138,834 | $1.03 |
| 2024-06-27T00:00:00 | DeMartini Robert (Chief Executive Officer) | Buy | 10,105 | $1.01 |
| 2024-06-26T00:00:00 | DeMartini Robert (Chief Executive Officer) | Buy | 51,061 | $0.98 |
| 2024-03-22T00:00:00 | Ulrich George Turner (Principal Accounting Officer) | Buy | 4,000 | $1.52 |
| 2023-08-28T00:00:00 | DICAMILLO GARY T | Buy | 10,000 | $2.22 |
| 2023-06-02T00:00:00 | McGarvey Casey Kale (Chief Legal Officer) | Buy | 22,300 | $2.85 |
| 2023-05-26T00:00:00 | KERBY JEFFERY SCOTT (Chief of Owned Retail) | Buy | 16,350 | $3.45 |
| 2023-05-16T00:00:00 | DARLING SETH LANE | Buy | 17,000 | $3.02 |
| 2023-05-15T00:00:00 | DeMartini Robert (CEO) | Buy | 50,000 | $2.97 |
This stock has short interest! This means that people have shorted it.
Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.
As of the latest analysis, there are 80,409 shares shorted. With 2,252,460 shares available for purchase and an average trading volume over the past 10 trading days of 40,940, it would take at least 1.964 days for all of the short holders to cover their shorts.
Related guides: good annual rate of return · high-yield stocks · forecasting earnings growth
Based on our analysis, we believe that you should not buy Purple Innovation right now. It might be a good stock to own—we just can't prove it with value analysis right now. Proceed with caution.
Advertisement supports free stock analysis content.
Does Purple Innovation have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.
We don't yet have enough financial history for Purple Innovation to produce a full worked example. Check back as more data becomes available, or see the current price and research links below.
Most Popular Articles
Why Do Some Companies Not Pay Dividends?
What is Liquidity in Stocks and Financial Instruments?
The Current Price of Silver Today