Louisiana State Employees Retirement System Invests $373,000 in Penguin Solutions, Inc. $PENG

Louisiana State Employees Retirement System acquired a new stake in Penguin Solutions, Inc. (NASDAQ:PENG) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 21,200 shares of the company’s stock, valued at approximately $373,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Evolve Private Wealth LLC raised its position in Penguin Solutions by 10.0% in the 1st quarter. Evolve Private Wealth LLC now owns 15,637 shares of the company’s stock worth $275,000 after purchasing an additional 1,425 shares during the period. Hsbc Holdings PLC boosted its position in Penguin Solutions by 8.0% during the fourth quarter. Hsbc Holdings PLC now owns 211,373 shares of the company’s stock valued at $4,170,000 after buying an additional 15,567 shares during the period. Invesco Ltd. boosted its position in Penguin Solutions by 596.8% during the fourth quarter. Invesco Ltd. now owns 1,992,415 shares of the company’s stock valued at $38,972,000 after buying an additional 1,706,482 shares during the period. Twinbeech Capital LP grew its stake in shares of Penguin Solutions by 324.5% during the fourth quarter. Twinbeech Capital LP now owns 43,200 shares of the company’s stock valued at $845,000 after buying an additional 33,023 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC bought a new position in shares of Penguin Solutions during the fourth quarter valued at about $1,017,000.

Penguin Solutions News Summary

Here are the key news stories impacting Penguin Solutions this week:

• Positive Sentiment: Penguin Solutions posted record Q3 net sales of $478.7 million, up about 48% year over year, and EPS of $0.84 versus the $0.63 consensus estimate, signaling stronger-than-expected demand. Penguin Solutions Reports Q3 Fiscal 2026 Financial Results
• Positive Sentiment: The company raised its full-year outlook and indicated roughly 30% FY2027 net sales and EPS growth, reinforcing confidence that growth is accelerating rather than peaking. Penguin Solutions signals ~30% FY2027 net sales and EPS growth as it raises FY2026 EPS to ~$2.60
• Positive Sentiment: Analysts responded by lifting price targets, including JMP to $85 and Needham to $80, reflecting improved sentiment after the earnings release. These Analysts Boost Their Forecasts On Penguin Solutions After Upbeat Q3 Results
• Positive Sentiment: Coverage also highlighted strengthening AI infrastructure demand, new Nvidia-related positioning, and broader institutional interest, which could support further upside. Penguin Solutions (PENG) Wins Nvidia AI Status And Unveils New ClusterWareAI Tools
• Neutral Sentiment: Some commentary noted margin pressure from a lower gross margin, but expense control helped offset it and still drove operating margin expansion. Penguin Solutions: It Isn’t Too Late To Buy After Q3 Earnings

Insiders Place Their Bets

In related news, SVP Joseph Gates Clark sold 10,351 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $58.87, for a total transaction of $609,363.37. Following the completion of the transaction, the senior vice president owned 66,425 shares in the company, valued at $3,910,439.75. This represents a 13.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Anne Kuykendall sold 4,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $64.38, for a total value of $257,520.00. Following the completion of the sale, the senior vice president directly owned 120,794 shares of the company’s stock, valued at $7,776,717.72. The trade was a 3.21% 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. In the last quarter, insiders have sold 70,574 shares of company stock worth $3,203,822. Corporate insiders own 2.90% of the company’s stock.

Penguin Solutions Stock Performance

Shares of NASDAQ:PENG opened at $78.47 on Thursday. The company has a market cap of $3.98 billion, a price-to-earnings ratio of 55.65 and a beta of 2.83. The company has a 50-day moving average price of $56.59 and a 200-day moving average price of $33.09. 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 $80.00.

Penguin Solutions (NASDAQ:PENG) last posted its earnings results on Tuesday, July 7th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.21. Penguin Solutions had a return on equity of 29.08% and a net margin of 6.44%.The company had revenue of $478.71 million for the quarter, compared to analysts’ expectations of $407.47 million. During the same period last year, the firm earned $0.52 earnings per share. As a group, equities analysts anticipate that Penguin Solutions, Inc. will post 1.79 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on PENG. Stifel Nicolaus boosted their target price on Penguin Solutions from $66.00 to $75.00 and gave the company a “buy” rating in a research note on Wednesday. Barclays lowered Penguin Solutions from an “overweight” rating to an “equal weight” rating and raised their price target for the stock from $23.00 to $27.00 in a research report on Wednesday, April 22nd. Needham & Company LLC lifted their price target on Penguin Solutions from $60.00 to $80.00 and gave the stock a “buy” rating in a research note on Wednesday. Zacks Research upgraded Penguin Solutions from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Finally, Citizens Jmp increased their price objective on Penguin Solutions from $65.00 to $85.00 and gave the company a “market outperform” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $53.25.

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.