Penguin Solutions (NASDAQ:PENG) Shares Gap Down – Should You Sell?

14 Sep 2026, 16:03 by Michael Walen · The Markets Daily

Penguin Solutions, Inc. (NASDAQ:PENG – Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $51.16, but opened at $47.21. Penguin Solutions shares last traded at $48.2230, with a volume of 191,129 shares changing hands.

Wall Street Analyst Weigh In

PENG has been the subject of several analyst reports. Barclays lowered Penguin Solutions from an “equal weight” rating to an “underweight” rating and set a $40.00 price objective for the company. in a research report on Monday, July 20th. Rosenblatt Securities raised their price objective on Penguin Solutions from $65.00 to $75.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. Wall Street Zen lowered shares of Penguin Solutions from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 26th. Citigroup reaffirmed an “outperform” rating on shares of Penguin Solutions in a research report on Wednesday, July 8th. Finally, Needham & Company LLC increased their target price on shares of Penguin Solutions from $60.00 to $80.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. Six investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $63.33.

Check Out Our Latest Research Report on Penguin Solutions

Penguin Solutions Stock Down 7.2%

The business has a fifty day moving average of $57.25 and a 200 day moving average of $45.29. The company has a market capitalization of $2.43 billion, a PE ratio of 33.58 and a beta of 2.86. The company has a current ratio of 1.54, a quick ratio of 1.10 and a debt-to-equity ratio of 0.65.

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

Insider Buying and Selling

In other Penguin Solutions news, SVP Anne Kuykendall sold 4,000 shares of the stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $50.58, for a total transaction of $202,320.00. Following the sale, the senior vice president directly owned 112,994 shares in the company, valued at $5,715,236.52. This represents a 3.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Clark sold 1,327 shares of the firm’s stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of $57.47, for a total transaction of $76,262.69. Following the completion of the transaction, the senior vice president directly owned 63,056 shares of the company’s stock, valued at $3,623,828.32. This represents a 2.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.90% of the company’s stock.

Institutional Trading of Penguin Solutions

Several hedge funds have recently modified their holdings of the stock. Tidal Investments LLC boosted its holdings in Penguin Solutions by 224.6% in the second quarter. Tidal Investments LLC now owns 165,954 shares of the company’s stock valued at $12,614,000 after purchasing an additional 114,821 shares during the period. IPG Investment Advisors LLC purchased a new stake in Penguin Solutions during the 2nd quarter worth about $221,000. Integrated Wealth Concepts LLC acquired a new stake in Penguin Solutions in the 2nd quarter valued at about $395,000. Nykredit A S acquired a new stake in Penguin Solutions in the 2nd quarter valued at about $42,000. Finally, Corient Private Wealth LP purchased a new position in shares of Penguin Solutions in the 2nd quarter valued at about $341,000.

Penguin Solutions Company Profile

(Get Free Report)

Penguin Solutions, Inc (NASDAQ: PENG) provides technology solutions for data centers, high-performance computing, artificial intelligence, and intelligent edge applications. The company helps organizations design, deploy, and manage specialized computing environments, including systems used for demanding workloads such as scientific research, machine learning, and enterprise applications.