Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Penguin Solutions Inc shares valued at $1,575,600 were sold by Pacheco Jack A on Jul 21 ’25. At $24.83 per share, Pacheco Jack A sold 63,447 shares. The insider’s holdings dropped to 227,231 shares worth approximately $5.66 million following the completion of this transaction.
Also, JACK A PACHECO purchased 63,447 shares, netting a total of over 1,550,010 in proceeds.
Before that, HERSCHER PENNY had sold 2,046 shares from its account. In a trade valued at $52,013, the Director traded Penguin Solutions Inc shares for $25.42 each. Upon closing the transaction, the insider’s holdings decreased to 2,046 shares, worth approximately $0.45 million.
As published in their initiating research note from JP Morgan on March 31, 2025, Penguin Solutions Inc [PENG] has been a Neutral and the price target has been revised to $20. Analysts at Loop Capital started covering the stock with ‘”a Buy”‘ outlook in a report released in early January. As of November 18, 2024, JMP Securities has initiated its “Mkt outperform” rating for PENG. Earlier on November 01, 2024, Goldman initiated its rating. Their recommendation was “a Buy” for PENG stock.
Analyzing PENG Stock Performance
The stock’s lowest price that day was $24.2, but it reached a high of $24.94 in the same session. During the last five days, there has been a surge of approximately 0.08%. Over the course of the year, Penguin Solutions Inc shares have jumped approximately 2.64%. Shares of the company reached a 52-week high of $25.94 on 07/15/25 and a 52-week low of $14.20 on 04/08/25.
Support And Resistance Levels for Penguin Solutions Inc (PENG)
According to the 24-hour chart, there is a support level at 24.42, which, if violated, would cause prices to drop to 23.94. In the upper region, resistance lies at 25.16. The next price resistance is at 25.42. RSI (Relative Strength Index) is 75.75 on the 14-day chart, showing overbought technical sentiment.
Is Penguin Solutions Inc subject to short interest?
Stocks of Penguin Solutions Inc saw a sharp rise in short interest on 2025-06-30 jumping by 1.27 million shares to 7.24 million. Data from Yahoo Finance shows that the short interest on 2025-05-30 was 5.96 million shares. A jump of 17.6% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 8.95 of the overall float, the days-to-cover ratio (short ratio) jumped to 8.95.
Which companies own the most shares of Penguin Solutions Inc (PENG)?
In terms of Penguin Solutions Inc share price expectations, FactSet research, analysts set an average price target of 35 in the next 12 months, up nearly 40.56% from the previous closing price of $24.9. Analysts anticipate Penguin Solutions Inc stock to reach 35 by 2025, with the lowest price target being 35. On October 16, 2024, Needham assigned a price target of “a Buy” to the stock and reiterated coverage with a $25.
