Penumbra Inc (PEN) receives a Buy rating from BofA Securities

In a filing, Penumbra Inc revealed its CEO and President Elsesser Adam unloaded Company’s shares for reported $3.9 million on Jul 09 ’25. In the deal valued at $243.75 per share,15,985 shares were sold. As a result of this transaction, Elsesser Adam now holds 134,432 shares worth roughly $30.77 million.

Then, ADAM ELSESSER bought 15,985 shares, generating $3,896,329 in total proceeds.

Before that, Roberts Johanna sold 600 shares. Penumbra Inc shares valued at $151,622 were divested by the EVP, Gen. Counsel & Secretary at a price of $252.70 per share. As a result of the transaction, Roberts Johanna now holds 66,057 shares, worth roughly $15.12 million.

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 Monday, Penumbra Inc [NYSE:PEN] saw its stock fall -0.66% to $228.86. Over the last five days, the stock has lost -4.37%. Penumbra Inc shares have risen nearly 12.62% since the year began. Nevertheless, the stocks have fallen -3.63% over the past one year.

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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