Wellington Management Group LLP Sells 155,029 Shares of Penguin Solutions, Inc. $PENG

Posted by Stanley Muller on Sep 5th, 2026

Wellington Management Group LLP lessened its stake in shares of Penguin Solutions, Inc. (NASDAQ:PENG – Free Report) by 26.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 432,722 shares of the company’s stock after selling 155,029 shares during the quarter. Wellington Management Group LLP owned 0.84% of Penguin Solutions worth $32,891,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Global Retirement Partners LLC bought a new position in shares of Penguin Solutions during the second quarter valued at $26,000. Allworth Financial LP bought a new position in Penguin Solutions during the 2nd quarter valued at about $37,000. Osaic Holdings Inc. lifted its holdings in Penguin Solutions by 20.8% during the 2nd 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. Covestor Ltd boosted its position in Penguin Solutions by 4.7% in the fourth quarter. Covestor Ltd now owns 15,535 shares of the company’s stock valued at $304,000 after buying an additional 695 shares in the last quarter. Finally, M&T Bank Corp grew its stake in Penguin Solutions by 7.0% during the fourth quarter. M&T Bank Corp now owns 10,851 shares of the company’s stock worth $212,000 after buying an additional 706 shares during the last quarter.

Penguin Solutions Price Performance

PENG opened at $51.76 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.54 and a quick ratio of 1.10. The stock has a market capitalization of $2.65 billion, a P/E ratio of 36.71 and a beta of 2.86. The company’s 50 day simple moving average is $58.88 and its 200-day simple moving average is $44.00. Penguin Solutions, Inc. has a one year low of $16.04 and a one year high of $89.86.

Penguin Solutions (NASDAQ:PENG – Get Free Report) last posted its quarterly earnings data on Tuesday, July 7th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.21. The firm had revenue of $478.71 million during the quarter, compared to analysts’ expectations of $407.47 million. Penguin Solutions had a net margin of 6.44% and a return on equity of 28.23%. During the same quarter in the previous year, the company posted $0.52 EPS. Sell-side analysts anticipate that Penguin Solutions, Inc. will post 2.08 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on PENG shares. Wall Street Zen cut shares of Penguin Solutions from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 26th. Needham & Company LLC raised their price target on Penguin Solutions from $60.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Citigroup reiterated an “outperform” rating on shares of Penguin Solutions in a research report on Wednesday, July 8th. Stifel Nicolaus boosted their price objective on Penguin Solutions from $66.00 to $75.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. Finally, Barclays lowered Penguin Solutions from an “equal weight” rating to an “underweight” rating and set a $40.00 price objective on the stock. in a research note on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $63.33.

Read Our Latest Stock Analysis on PENG

Insiders Place Their Bets

In related news, SVP Joseph Clark sold 1,327 shares of Penguin Solutions stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $57.47, for a total value of $76,262.69. Following the completion of the sale, the senior vice president directly owned 63,056 shares in the company, valued at $3,623,828.32. This trade represents a 2.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Anne Kuykendall sold 4,000 shares of the business’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $50.58, for a total value of $202,320.00. Following the sale, the senior vice president directly owned 112,994 shares of the company’s stock, valued at $5,715,236.52. This represents a 3.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 9,327 shares of company stock valued at $536,103. 2.90% of the stock is currently owned by corporate insiders.

Penguin Solutions Profile

(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.