Penguin Solutions, Inc. $PENG Stock Holdings Raised by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd increased its position in Penguin Solutions, Inc. (NASDAQ:PENG) by 244.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 49,729 shares of the company’s stock after purchasing an additional 35,307 shares during the period. Y Intercept Hong Kong Ltd owned 0.09% of Penguin Solutions worth $1,307,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in Penguin Solutions during the second quarter valued at approximately $37,000. Strs Ohio bought a new stake in shares of Penguin Solutions in the 3rd quarter valued at approximately $42,000. Osaic Holdings Inc. raised its position in shares of 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 acquiring an additional 617 shares in the last quarter. CWM LLC lifted its stake in Penguin Solutions by 82.1% during the second quarter. CWM LLC now owns 4,111 shares of the company’s stock worth $81,000 after purchasing an additional 1,854 shares during the last quarter. Finally, Globeflex Capital L P acquired a new position in Penguin Solutions in the second quarter worth $105,000.

Penguin Solutions Trading Down 2.7%

NASDAQ:PENG opened at $19.21 on Friday. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 83.52 and a beta of 2.23. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.86 and a current ratio of 2.33. Penguin Solutions, Inc. has a 1 year low of $14.20 and a 1 year high of $29.80. The business has a fifty day moving average of $20.20 and a 200-day moving average of $22.50.

Penguin Solutions (NASDAQ:PENG) last posted its quarterly earnings data on Tuesday, January 6th. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.08. The business had revenue of $343.07 million during the quarter, compared to the consensus estimate 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. Equities analysts predict that Penguin Solutions, Inc. will post 1.05 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on PENG. JMP Securities reaffirmed a “market outperform” rating and issued a $26.00 price target on shares of Penguin Solutions in a report on Wednesday, October 8th. Stifel Nicolaus upped their price objective on Penguin Solutions from $27.00 to $31.00 and gave the stock a “buy” rating in a research note on Monday, October 6th. The Goldman Sachs Group assumed coverage on shares of Penguin Solutions in a report on Tuesday, January 13th. They set 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 target on shares of Penguin Solutions in a research report on Monday, January 12th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $30.00 price objective on shares of Penguin Solutions in a research report on Wednesday, January 7th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $28.00.

Penguin Solutions 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.