Key Points
- SVP Joseph Gates Clark sold 1,346 shares on Feb. 10 at an average of $19.03 for about $25,614, trimming his stake by 1.09% to 122,318 shares (≈$2.33M).
- Penguin beat quarterly EPS estimates ($0.49 vs. $0.41) and set FY2026 guidance of 1.75–2.25 EPS, while analysts hold a consensus "Moderate Buy" with a $28 target.
- The stock opened at $18.71 (down ~1.2%), trades in a 52‑week range of $14.20–$29.80, has a market cap of ~$983M and a P/E of 81.35, indicating elevated valuation and volatility (beta 2.23).
Penguin Solutions, Inc. (NASDAQ:PENG - Get Free Report) SVP Joseph Gates Clark sold 1,346 shares of Penguin Solutions stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $19.03, for a total value of $25,614.38. Following the transaction, the senior vice president directly owned 122,318 shares of the company's stock, valued at approximately $2,327,711.54. This represents a 1.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Penguin Solutions Stock Down 1.2%
Penguin Solutions stock opened at $18.71 on Friday. Penguin Solutions, Inc. has a fifty-two week low of $14.20 and a fifty-two week high of $29.80. The firm has a market capitalization of $983.40 million, a price-to-earnings ratio of 81.35 and a beta of 2.23. The stock's fifty day moving average is $19.92 and its two-hundred day moving average is $22.12. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.86 and a current ratio of 2.33.
Penguin Solutions (NASDAQ:PENG - Get Free Report) last released its quarterly earnings results on Tuesday, January 6th. The company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.08. Penguin Solutions had a return on equity of 16.01% and a net margin of 1.82%.The business had revenue of $343.07 million during the quarter, compared to the consensus estimate of $345.08 million. Penguin Solutions has set its FY 2026 guidance at 1.750-2.250 EPS. Analysts predict that Penguin Solutions, Inc. will post 1.05 EPS for the current fiscal year.
Wall Street Analyst Weigh In
PENG has been the subject of several research reports. Needham & Company LLC restated a "buy" rating and set a $25.00 price objective on shares of Penguin Solutions in a research report on Tuesday, February 3rd. The Goldman Sachs Group started coverage on Penguin Solutions in a research report on Tuesday, January 13th. They set a "buy" rating and a $25.00 price target for the company. Weiss Ratings cut Penguin Solutions from a "hold (c-)" rating to a "sell (d+)" rating in a report on Thursday, February 5th. Wall Street Zen downgraded Penguin Solutions from a "buy" rating to a "hold" rating in a research report on Saturday, January 17th. Finally, Rosenblatt Securities reiterated a "buy" rating and set a $30.00 price objective on shares of Penguin Solutions in a research report on Tuesday, February 3rd. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Penguin Solutions currently has a consensus rating of "Moderate Buy" and a consensus target price of $28.00.
Check Out Our Latest Stock Report on Penguin Solutions
Hedge Funds Weigh In On Penguin Solutions
Institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP acquired a new stake in shares of Penguin Solutions in the third quarter worth approximately $60,264,000. William Blair Investment Management LLC purchased a new position in Penguin Solutions during the fourth quarter worth approximately $18,290,000. CSM Advisors LLC acquired a new position in shares of Penguin Solutions in the 2nd quarter valued at $11,913,000. ArrowMark Colorado Holdings LLC purchased a new stake in shares of Penguin Solutions during the 3rd quarter valued at $15,789,000. Finally, LSV Asset Management increased its holdings in shares of Penguin Solutions by 337.6% during the 3rd quarter. LSV Asset Management now owns 569,368 shares of the company's stock worth $14,963,000 after buying an additional 439,268 shares during the last quarter.
Penguin Solutions Company Profile
(
Get Free Report)
Penguin Solutions, Inc engages in the designing and development of enterprise solutions worldwide. It operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED. It offers dynamic random access memory modules, solid-state and flash storage, and other advanced integrated memory solutions for networking and telecom, data analytics, artificial intelligence and machine learning applications; and supply chain services, including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging services.
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