Penny Herscher Biography and Net Worth

Director of Penguin Solutions

Penelope Herscher joined our board of directors in September 2021. She has extensive technology sector experience as a publicly traded company board member, executive, and entrepreneur. Ms. Herscher currently serves as chair of the board of directors at Lumentum Holdings, Inc. and is a board member of FORVIA SA and several private companies. She has previously served as a board member for Embark Trucks, Inc. (2022-2023), Verint Systems, Inc. (2017-2021), PROS Holdings, Inc. (2018-2021), and Rambus, Inc. (2006-2018).

Previously Ms. Herscher served as president and chief executive officer of FirstRain, Inc., an enterprise software company (2004-2015) and as executive vice president and chief marketing officer of Cadence Design Systems, Inc. (2002-2003). She was president and chief executive officer of Simplex Solutions, Inc. from 1996 to 2002, taking the company public in 2001 and leading it until its acquisition by Cadence Design Systems in 2002. She holds a B.A. Hons and an M.A. in mathematics from Cambridge University in England.

What is Penny Herscher's net worth?: The estimated net worth of Penny Herscher is at least $380.27 thousand as of July 17th, 2025. Ms. Herscher owns 17,540 shares of Penguin Solutions stock worth more than $380,267 as of December 5th. This net worth evaluation does not reflect any other assets that Ms. Herscher may own. Learn More about Penny Herscher's net worth.
How do I contact Penny Herscher?: The corporate mailing address for Ms. Herscher and other Penguin Solutions executives is 1390 McCarthy Boulevard, Milpitas, CA 95035, United States. Penguin Solutions can also be reached via phone at (510) 623-1231 and via email at [email protected]. Learn More on Penny Herscher's contact information.
Has Penny Herscher been buying or selling shares of Penguin Solutions?: Penny Herscher has not been actively trading shares of Penguin Solutions during the last quarter. Most recently, Penny Herscher sold 682 shares of the business's stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $25.00, for a transaction totalling $17,050.00. Following the completion of the sale, the director now directly owns 17,540 shares of the company's stock, valued at $438,500. Learn More on Penny Herscher's trading history.
Who are Penguin Solutions' active insiders?: Penguin Solutions' insider roster includes Joseph Clark (President of Optimized LED), Penny Herscher (Director), and Jack Pacheco (Chief Operating Officer and President of Integrated Memory). Learn More on Penguin Solutions' active insiders.
Are insiders buying or selling shares of Penguin Solutions?: In the last twelve months, insiders at the sold shares 9 times. They sold a total of 104,859 shares worth more than $2,438,732.40. The most recent insider tranaction occured on July, 21st when EVP Jack A Pacheco sold 63,447 shares worth more than $1,575,389.01. Insiders at Penguin Solutions own 2.6% of the company. Learn More about insider trades at Penguin Solutions.
Information on this page was last updated on 7/21/2025.

Penny Herscher Insider Trading History at Penguin Solutions

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
7/17/2025	Sell	682	$25.00	$17,050.00	17,540
7/15/2025	Sell	2,046	$25.42	$52,009.32	18,222

Penny Herscher Buying and Selling Activity at Penguin Solutions

Penguin Solutions Company Overview

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. The company also provides Penguin Computing that focus on technical computing for core and cloud environments through high-performance computing and AI solutions; and Penguin Edge, an edge computing solution for embedded and wireless applications, such as high-performance products for government, health care, manufacturing, and telecommunications applications. In addition, it offers Stratus, which provides simplified, protected, and autonomous fault tolerant computing solutions in the data center and at the Edge through hardware and software services; and solutions to education, energy, financial services, government, hyperscale, and manufacturing markets. Further, the company provides LED chip products comprising blue and green LED chips based on gallium nitride, and related materials under Cree LED brand; and surface mount devices under the Cree LED XLamp and J Series brands. It sells its products directly to original equipment manufacturers, enterprise, government and other end customers through direct sales force, e-commerce, customer service representatives, on-site field application engineers, independent sales representatives, distributors, integrators, and resellers. The company was formerly known as SMART Global Holdings, Inc. and changed its name to Penguin Solutions, Inc. in October 2024. Penguin Solutions, Inc. was founded in 1988 and is based in Grand Cayman, Cayman Islands.

Today's Range

Now: $21.68

$21.30

$21.70

50 Day Range

MA: $22.01

$17.57

$29.30

2 Week Range

Now: $21.68

$14.20

$29.80

Volume

622,811 shs

Average Volume

1,143,217 shs

Market Capitalization

$1.15 billion

P/E Ratio

74.76

Dividend Yield

N/A

Beta

2.26