Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. 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 $4.6 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 $0.37 million.
Analysts at JP Morgan started covering the stock with ‘”a Neutral”‘ outlook in a report released in late March. As of January 07, 2025, Loop Capital has initiated its “Buy” rating for PENG. Earlier on November 18, 2024, JMP Securities initiated its rating. Their recommendation was “a Mkt outperform” for PENG stock.
Analyzing PENG Stock Performance
On last trading session, Penguin Solutions Inc [NASDAQ: PENG] rose 2.58% to $20.24. The stock’s lowest price that day was $19.68, but it reached a high of $20.39 in the same session. During the last five days, there has been a surge of approximately 0.45%. Over the course of the year, Penguin Solutions Inc shares have dropped approximately -1.32%.
Is Penguin Solutions Inc subject to short interest?
Stocks of Penguin Solutions Inc saw a sharp rise in short interest on 2025-12-31 jumping by 0.73 million shares to 6.77 million. Data from Yahoo Finance shows that the short interest on 2025-11-28 was 6.04 million shares. A jump of 10.81% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 8.37 of the overall float, the days-to-cover ratio (short ratio) jumped to 8.37.
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 28 in the next 12 months, up nearly 41.92% from the previous closing price of $19.73. Analysts anticipate Penguin Solutions Inc stock to reach 31 by 2026, with the lowest price target being 25. On November 01, 2024, Goldman assigned a price target of “a Buy” to the stock and initiated coverage with a $21.
