Penguin Solutions, Inc. $PENG Shares Bought by Tudor Investment Corp ET AL

Key Points

• Tudor Investment Corp ET AL increased its stake in Penguin Solutions by 32.3% in Q3, buying 76,828 shares to hold 314,721 shares (about 0.60% ownership) worth $8.27 million.
• Insider selling occurred recently: SVP Joseph Gates Clark sold 1,346 shares at $19.03 and SVP Anne Kuykendall sold 4,000 shares at $17.75, with corporate insiders now owning 2.90% of the stock.
• Company context: PENG has a market cap of $940.3M and a P/E of 77.78, reported Q results that beat EPS estimates ($0.49 vs. $0.41), set FY2026 guidance of 1.75–2.25 EPS, and carries a consensus Moderate Buy rating with a $28 price target.

Tudor Investment Corp ET AL lifted its stake in shares of Penguin Solutions, Inc. (NASDAQ:PENG - Free Report) by 32.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 314,721 shares of the company's stock after purchasing an additional 76,828 shares during the quarter. Tudor Investment Corp ET AL owned about 0.60% of Penguin Solutions worth $8,271,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Raymond James Financial Inc. acquired a new position in Penguin Solutions during the 2nd quarter valued at about $37,000. Strs Ohio acquired a new stake in shares of Penguin Solutions in the 3rd quarter worth approximately $42,000. Jones Financial Companies Lllp increased its position in shares of Penguin Solutions by 4,131.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,735 shares of the company's stock valued at $45,000 after purchasing an additional 1,694 shares during the period. Allworth Financial LP lifted its holdings in shares of Penguin Solutions by 41.4% in the third quarter. Allworth Financial LP now owns 1,792 shares of the company's stock valued at $47,000 after buying an additional 525 shares during the period. Finally, Federated Hermes Inc. lifted its holdings in shares of Penguin Solutions by 803.9% in the third quarter. Federated Hermes Inc. now owns 1,862 shares of the company's stock valued at $49,000 after buying an additional 1,656 shares during the period.

Insider Transactions at Penguin Solutions

In other Penguin Solutions news, SVP Joseph Gates Clark sold 1,346 shares of the firm's stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $19.03, for a total value of $25,614.38. Following the completion of the transaction, the senior vice president directly owned 122,318 shares in the company, valued at $2,327,711.54. This trade represents a 1.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Anne Kuykendall sold 4,000 shares of Penguin Solutions stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $17.75, for a total transaction of $71,000.00. Following the completion of the transaction, the senior vice president directly owned 131,352 shares in the company, valued at approximately $2,331,498. This trade represents a 2.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.90% of the stock is currently owned by corporate insiders.

Penguin Solutions Stock Performance

PENG opened at $17.89 on Tuesday. The firm has a market cap of $940.30 million, a PE ratio of 77.78 and a beta of 2.19. The company has a quick ratio of 1.86, a current ratio of 2.33 and a debt-to-equity ratio of 1.10. The business has a fifty day simple moving average of $19.12 and a 200-day simple moving average of $21.13. Penguin Solutions, Inc. has a fifty-two week low of $14.20 and a fifty-two week high of $29.80.

Penguin Solutions (NASDAQ:PENG - Get Free Report) last released its quarterly earnings results on Tuesday, January 6th. The company reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 by $0.08. The business had revenue of $343.07 million during the quarter, compared to analyst estimates of $345.08 million. Penguin Solutions had a return on equity of 16.01% and a net margin of 1.82%.Penguin Solutions has set its FY 2026 guidance at 1.750-2.250 EPS. As a group, equities analysts predict that Penguin Solutions, Inc. will post 1.05 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently weighed in on PENG. Rosenblatt Securities reaffirmed a "buy" rating and set a $30.00 target price on shares of Penguin Solutions in a research note on Tuesday, February 3rd. Wall Street Zen raised shares of Penguin Solutions from a "hold" rating to a "buy" rating in a report on Saturday, February 21st. The Goldman Sachs Group initiated coverage on shares of Penguin Solutions in a report on Tuesday, January 13th. They issued a "buy" rating and a $25.00 price target for the company. Needham & Company LLC restated a "buy" rating and set a $25.00 price objective on shares of Penguin Solutions in a research report on Tuesday, February 3rd. Finally, Weiss Ratings cut shares of Penguin Solutions from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Wednesday, March 11th. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $28.00.

About Penguin Solutions

Penguin Solutions, Inc engages in the designing and development of enterprise solutions worldwide. It operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED. It offers dynamic random access memory modules, solid-state and flash storage, and other advanced integrated memory solutions for networking and telecom, data analytics, artificial intelligence and machine learning applications; and supply chain services, including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging services.

Want to see what other hedge funds are holding PENG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Penguin Solutions, Inc. (NASDAQ:PENG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.