Penguin Solutions Inc’s recent filing unveils that its SVP and Pres, Optimized LED Clark Joseph Gates unloaded Company’s shares for reported $39865.0 on May 02 ’25. In the deal valued at $17.50 per share,2,278 shares were sold. As a result of this transaction, Clark Joseph Gates now holds 84,359 shares worth roughly $1.69 million.
Then, JOSEPH CLARK bought 2,278 shares, generating $38,521 in total proceeds.
Before that, Pacheco Jack A sold 3,219 shares. Penguin Solutions Inc shares valued at $64,386 were divested by the EVP, COO, Pres, Integrated Mem at a price of $20.00 per share. As a result of the transaction, Pacheco Jack A now holds 231,548 shares, worth roughly $4.63 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 jump 0.70% to $20.01. Over the last five days, the stock has gained 4.00%. Penguin Solutions Inc shares have risen nearly 4.27% since the year began. Nevertheless, the stocks have fallen -6.45% over the past one year.
How much short interest is there in Penguin Solutions Inc?
A steep rise in short interest was recorded in Penguin Solutions Inc stocks on 2025-05-30, dropping by -0.92 million shares to a total of 5.96 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 6.89 million shares. There was a decline of -15.47%, 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.
