BofA Securities gives a Buy recommendation for Penumbra Inc (PEN)

In a filing, Penumbra Inc revealed its Officer Johanna Roberts acquired Company’s shares for reported $0.77 million on Jul 01 ’25. In the deal valued at $256.63 per share,3,000 shares were bought.

Then, Elsesser Adam sold 15,890 shares, generating $4,026,589 in total proceeds. Upon selling the shares at $253.40, the CEO and President now owns 122,441 shares.

Before that, ADAM ELSESSER bought 15,890 shares. Penumbra Inc shares valued at $4,026,585 were divested by the Officer at a price of $253.40 per share.

BofA Securities initiated its Penumbra Inc [PEN] rating to a Buy in a research note published on March 14, 2025; the price target was $320. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in late January with a ‘”a Buy”‘ rating. Oppenheimer began covering PEN with “an Outperform” recommendation on December 17, 2024. Wells Fargo revised its rating on December 11, 2024. It rated PEN as “an Overweight” which previously was an “an Equal weight”.

Price Performance Review of PEN

On Tuesday, Penumbra Inc [NYSE:PEN] saw its stock fall -2.32% to $250.68. Over the last five days, the stock has lost -1.97%. Penumbra Inc shares have risen nearly 43.33% since the year began. Nevertheless, the stocks have risen 5.56% over the past one year. While a 52-week high of $310.00 was reached on 02/19/25, a 52-week low of $148.00 was recorded on 01/06/25.

Levels Of Support And Resistance For PEN Stock

The 24-hour chart illustrates a support level at 246.33, which if violated will result in even more drops to 241.98. On the upside, there is a resistance level at 255.61. A further resistance level may holdings at 260.54.

How much short interest is there in Penumbra Inc?

A steep rise in short interest was recorded in Penumbra Inc stocks on 2025-06-13, growing by 10985.0 shares to a total of 1.52 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 1.51 million shares. There was a rise of 0.72%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on September 18, 2024 when Stifel began covering the stock and recommended ‘”a Buy”‘ rating along with a $238 price target.

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