Penguin Solutions, Inc. $PENG Shares Sold by CSM Advisors LLC

Key Points

• CSM Advisors LLC reduced its stake in Penguin Solutions by 30.6% in Q3, selling 184,307 shares and retaining 417,205 shares (about 0.79% of the company) valued at roughly $10.96 million.
• Analysts hold a consensus Moderate Buy on PENG with a $28.00 consensus price target (six Buys, two Holds, one Sell), including coverage from Goldman Sachs and Rosenblatt.
• Penguin has a $945M market cap and P/E of 78.17, reported Q EPS of $0.49 (beating estimates) with revenue slightly below expectations, and issued FY2026 guidance of 1.750–2.250 EPS.

CSM Advisors LLC reduced its position in Penguin Solutions, Inc. (NASDAQ:PENG - Free Report) by 30.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 417,205 shares of the company's stock after selling 184,307 shares during the quarter. CSM Advisors LLC owned about 0.79% of Penguin Solutions worth $10,964,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in Penguin Solutions during the 2nd quarter worth approximately $37,000. Strs Ohio purchased a new stake in shares of Penguin Solutions during the 3rd quarter worth $42,000. Jones Financial Companies Lllp boosted its holdings in Penguin Solutions by 4,131.7% during the third quarter. Jones Financial Companies Lllp now owns 1,735 shares of the company's stock worth $45,000 after buying an additional 1,694 shares in the last quarter. Federated Hermes Inc. grew its holdings in shares of Penguin Solutions by 803.9% in the 3rd quarter. Federated Hermes Inc. now owns 1,862 shares of the company's stock worth $49,000 after acquiring an additional 1,656 shares during the period. Finally, Osaic Holdings Inc. grew its holdings in Penguin Solutions by 20.8% in the second quarter. Osaic Holdings Inc. now owns 3,583 shares of the company's stock valued at $71,000 after purchasing an additional 617 shares during the last quarter.

Analyst Upgrades and Downgrades

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

Insider Transactions at Penguin Solutions

In other Penguin Solutions news, SVP Joseph Gates Clark sold 1,346 shares of the business's stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $19.03, for a total transaction of $25,614.38. Following the completion of the sale, the senior vice president owned 122,318 shares of the company's stock, valued at approximately $2,327,711.54. The trade was a 1.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.90% of the company's stock.

Penguin Solutions Stock Performance

NASDAQ:PENG opened at $17.98 on Friday. The company has a market cap of $945.03 million, a P/E ratio of 78.17 and a beta of 2.19. The firm's 50 day moving average is $19.39 and its two-hundred day moving average is $21.43. Penguin Solutions, Inc. has a fifty-two week low of $14.20 and a fifty-two week high of $29.80. The company has a quick ratio of 1.86, a current ratio of 2.33 and a debt-to-equity ratio of 1.10.

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

Penguin Solutions Company Profile

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.

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