Key Points
- Penguin Solutions SVP Anne Kuykendall sold 4,000 shares on March 16 at an average price of $17.75 for $71,000, leaving her with 131,352 shares—a 2.96% reduction in ownership (SEC Form 4 filed).
- The company posted quarterly EPS of $0.49, beating estimates by $0.08 with revenue of $343.07M (slightly below consensus), set FY2026 guidance of $1.75–2.25 EPS, and trades at a P/E of 76.61 with a market cap near $926M.
- Analysts maintain a consensus Moderate Buy rating with an average price target of $28 (six Buys, two Holds, one Sell), and several institutional investors have modestly increased stakes recently.
Penguin Solutions, Inc. (NASDAQ:PENG - Get Free Report) SVP Anne Kuykendall sold 4,000 shares of the company's stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $17.75, for a total value of $71,000.00. Following the completion of the transaction, the senior vice president owned 131,352 shares in the company, valued at $2,331,498. This represents a 2.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Penguin Solutions Trading Up 0.5%
Shares of Penguin Solutions stock opened at $17.62 on Wednesday. The stock has a 50 day moving average of $19.24 and a 200 day moving average of $21.31. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.86 and a current ratio of 2.33. The firm has a market capitalization of $926.11 million, a price-to-earnings ratio of 76.61 and a beta of 2.19. Penguin Solutions, Inc. has a fifty-two week low of $14.20 and a fifty-two week high of $29.80.
Penguin Solutions (NASDAQ:PENG - Get Free Report) last posted its earnings results on Tuesday, January 6th. The company reported $0.49 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.08. The company had revenue of $343.07 million for the quarter, compared to the consensus estimate of $345.08 million. Penguin Solutions had a return on equity of 16.01% and a net margin of 1.82%.Penguin Solutions has set its FY 2026 guidance at 1.750-2.250 EPS. As a group, research analysts predict that Penguin Solutions, Inc. will post 1.05 earnings per share for the current year.
Analyst Upgrades and Downgrades
PENG has been the subject of several research analyst reports. Rosenblatt Securities reaffirmed a "buy" rating and set a $30.00 target price on shares of Penguin Solutions in a research note on Tuesday, February 3rd. Weiss Ratings downgraded shares of Penguin Solutions from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Wednesday, March 11th. Needham & Company LLC restated a "buy" rating and issued a $25.00 price objective on shares of Penguin Solutions in a report on Tuesday, February 3rd. The Goldman Sachs Group started coverage on shares of Penguin Solutions in a research report on Tuesday, January 13th. They set a "buy" rating and a $25.00 price objective for the company. Finally, Wall Street Zen upgraded shares of Penguin Solutions from a "hold" rating to a "buy" rating in a report on Saturday, February 21st. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Penguin Solutions has a consensus rating of "Moderate Buy" and an average price target of $28.00.
Check Out Our Latest Stock Report on Penguin Solutions
Hedge Funds Weigh In On Penguin Solutions
Institutional investors have recently bought and sold shares of the company. Allworth Financial LP lifted its position in shares of Penguin Solutions by 41.4% during the third quarter. Allworth Financial LP now owns 1,792 shares of the company's stock worth $47,000 after purchasing an additional 525 shares in the last quarter. Osaic Holdings Inc. grew its holdings in shares of Penguin Solutions by 20.8% in the second quarter. Osaic Holdings Inc. now owns 3,583 shares of the company's stock valued at $71,000 after purchasing an additional 617 shares in the last quarter. Covestor Ltd grew its holdings in shares of Penguin Solutions by 4.7% in the fourth quarter. Covestor Ltd now owns 15,535 shares of the company's stock valued at $304,000 after purchasing an additional 695 shares in the last quarter. M&T Bank Corp increased its stake in Penguin Solutions by 7.0% during the 4th quarter. M&T Bank Corp now owns 10,851 shares of the company's stock worth $212,000 after buying an additional 706 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Penguin Solutions by 6.2% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 13,545 shares of the company's stock worth $268,000 after buying an additional 792 shares during the period.
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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