In a filing, Penguin Solutions Inc revealed its EVP, COO, Pres, Integrated Mem Pacheco Jack A unloaded Company’s shares for reported $64386.0 on Mar 24 ’25. In the deal valued at $20.00 per share,3,219 shares were sold. As a result of this transaction, Pacheco Jack A now holds 231,548 shares worth roughly $3.36 million.
Then, JACK A PACHECO bought 6,666 shares, generating $127,721 in total proceeds.
Before that, Pacheco Jack A sold 6,667 shares. Penguin Solutions Inc shares valued at $147,594 were divested by the EVP, COO, Pres, Integrated Mem at a price of $22.14 per share. As a result of the transaction, Pacheco Jack A now holds 231,548 shares, worth roughly $3.36 million.
JP Morgan initiated its Penguin Solutions Inc [PENG] rating to a Neutral in a research note published on March 31, 2025; the price target was $20. A number of analysts have revised their coverage, including Loop Capital’s analysts, who began to cover the stock in early January with a ‘”a Buy”‘ rating. JMP Securities began covering PENG with “Mkt outperform” recommendation on November 18, 2024. Goldman started covering the stock on November 01, 2024. It rated PENG as “a Buy”.
Price Performance Review of PENG
On Tuesday, Penguin Solutions Inc [NASDAQ:PENG] saw its stock fall -5.16% to $14.53. Over the last five days, the stock has lost -15.87%. Penguin Solutions Inc shares have fallen nearly -24.28% since the year began. Nevertheless, the stocks have fallen -43.57% over the past one year. While a 52-week high of $29.81 was reached on 02/18/25, a 52-week low of $14.23 was recorded on 04/08/25. SMA at 50 days reached $19.14, while 200 days put it at $19.79.
Levels Of Support And Resistance For PENG Stock
The 24-hour chart illustrates a support level at 13.74, which if violated will result in even more drops to 12.94. On the upside, there is a resistance level at 15.79. A further resistance level may holdings at 17.04. The Relative Strength Index (RSI) on the 14-day chart is 28.98, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.33%. Stochastics %K at 13.74% indicates the stock is a buying.
How much short interest is there in Penguin Solutions Inc?
A steep rise in short interest was recorded in Penguin Solutions Inc stocks on 2025-03-14, dropping by -1.06 million shares to a total of 6.37 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 7.43 million shares. There was a decline of -16.7%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 16, 2024 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $25.
