Penguin Solutions (NASDAQ:PENG) Director Maximiliane Straub Sells 4,000 Shares

Posted by Brian Himes on May 14th, 2026

Penguin Solutions, Inc. (NASDAQ:PENG – Get Free Report) Director Maximiliane Straub sold 4,000 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $44.34, for a total transaction of $177,360.00. Following the completion of the sale, the director owned 54,975 shares of the company’s stock, valued at approximately $2,437,591.50. The trade was a 6.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Penguin Solutions Stock Up 9.4%

PENG stock opened at $48.27 on Thursday. The company has a market cap of $2.45 billion, a price-to-earnings ratio of 67.04 and a beta of 2.66. The company has a current ratio of 2.10, a quick ratio of 1.55 and a debt-to-equity ratio of 1.09. Penguin Solutions, Inc. has a 12 month low of $16.04 and a 12 month high of $53.27. The firm has a 50-day moving average of $24.55 and a two-hundred day moving average of $21.68.

Penguin Solutions (NASDAQ:PENG – Get Free Report) last released its quarterly earnings data on Wednesday, April 1st. The company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.09. Penguin Solutions had a net margin of 4.07% and a return on equity of 19.94%. The company had revenue of $343.00 million during the quarter, compared to the consensus estimate of $339.00 million. As a group, analysts forecast that Penguin Solutions, Inc. will post 1.66 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Penguin Solutions

A number of hedge funds have recently made changes to their positions in the stock. Kennedy Capital Management LLC boosted its position in Penguin Solutions by 31.9% in the 3rd quarter. Kennedy Capital Management LLC now owns 992,168 shares of the company’s stock valued at $26,074,000 after buying an additional 240,159 shares during the period. State of Alaska Department of Revenue raised its holdings in shares of Penguin Solutions by 98.3% in the 4th quarter. State of Alaska Department of Revenue now owns 47,576 shares of the company’s stock valued at $930,000 after purchasing an additional 23,582 shares in the last quarter. Barclays PLC raised its holdings in shares of Penguin Solutions by 46.9% in the 3rd quarter. Barclays PLC now owns 1,055,189 shares of the company’s stock valued at $27,730,000 after purchasing an additional 336,644 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Penguin Solutions by 35.3% in the 3rd quarter. American Century Companies Inc. now owns 1,294,279 shares of the company’s stock valued at $34,014,000 after purchasing an additional 337,564 shares in the last quarter. Finally, LSV Asset Management raised its holdings in shares of Penguin Solutions by 337.6% in the 3rd quarter. LSV Asset Management now owns 569,368 shares of the company’s stock valued at $14,963,000 after purchasing an additional 439,268 shares in the last quarter.

Analyst Ratings Changes

PENG has been the subject of several analyst reports. Rosenblatt Securities reissued a “buy” rating and issued a $30.00 price target on shares of Penguin Solutions in a research note on Monday, March 30th. Stifel Nicolaus dropped their price target on shares of Penguin Solutions from $27.00 to $24.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. Wall Street Zen cut shares of Penguin Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Zacks Research raised shares of Penguin Solutions from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. Finally, Barclays cut shares of Penguin Solutions from an “overweight” rating to an “equal weight” rating and increased their price objective for the stock from $23.00 to $27.00 in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $27.25.

Check Out Our Latest Stock Analysis on PENG

Penguin Solutions Company Profile

(Get Free Report)

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.