JP Morgan gives an Overweight recommendation for Penumbra Inc (PEN)

Roman Campbell

Penumbra Inc’s filing revealed that its Director Grewal Harpreet unloaded Company’s shares for reported $58151.0 on Jan 06 ’26. In the deal valued at $312.64 per share,186 shares were sold. As a result of this transaction, Grewal Harpreet now holds 8,230 shares worth roughly $2.63 million.

Then, Wilder Thomas sold 186 shares, generating $57,794 in total proceeds. Upon selling the shares at $310.72, the Director now owns 0 shares.

Before that, Grewal Harpreet bought 186 shares. Penumbra Inc shares valued at $58,151 were divested by the Director at a price of $312.64 per share.

JP Morgan upgraded its Penumbra Inc [PEN] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in mid December from “a Neutral” to “a Buy”. Wells Fargo began covering PEN with “an Underweight” recommendation on November 18, 2025. Needham revised its rating on October 08, 2025. It rated PEN as “a Buy” which previously was an “a Hold”.

Price Performance Review of PEN

On Monday, Penumbra Inc [NYSE:PEN] saw its stock fall -0.92% to $319.47. Over the last five days, the stock has gained 1.42%. Penumbra Inc shares have risen nearly 23.92% since the year began. Nevertheless, the stocks have risen 2.75% 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 2025-12-31, growing by 0.19 million shares to a total of 1.71 million shares. Yahoo Finance data shows the prior-month short interest on 2025-11-28 was 1.51 million shares. There was a rise of 11.4%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on September 02, 2025 when Evercore ISI began covering the stock and recommended ‘”an Outperform”‘ rating along with a $300 price target.

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