Penguin Solutions (PENG) SVP Anne Kuykendall Sells $41K of Stock

Anne Kuykendall, SVP and Chief Legal Officer at Penguin Solutions, Inc. PENG, sold 738 shares of the company on October 22, 2026. The transaction was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission. The sale brings a fresh look at insider activity as the technology firm moves toward its next financial report.

PENG Penguin Solutions, Inc.

$58.38 ▲ +187.87% year to date

1M 3M YTD

Daily close · Oct 21, 2026

Inside Anne Kuykendall's PENG Trade

The executive sold the shares at a price of $55.08 per share, bringing the total value of the transaction to $40,649.04. The trade was planned in advance under a Rule 10b5-1 trading plan. Following the sale, the insider holds 141,988 shares of the company, representing a 0.52% reduction in her direct holdings.

Other Institutional Activity in Penguin Solutions

Barrow, Hanley Mewhinney & Strauss, LLC grew its holdings by 186,950 shares, ending with 1,975,948 shares worth about $102,571,460.0. American Century Companies Inc grew its holdings by 1,441,956 shares, ending with 1,962,105 shares worth about $101,852,870.0 through a 277.2% increase. Boston Partners grew its holdings by 81,555 shares, ending with 1,677,550 shares worth about $87,081,620.0 through a 5.1% increase.

Penguin Solutions, Inc. Stock Down 7.8%

The stock recently traded around $51.91 as of October 23, 2026, sitting 8.2% below its 50-day moving average of $56.57 and 21.5% above its 200-day moving average of $42.73. Shares trade 42.2% below their 52-week high of $89.86 and 223.6% above their 52-week low of $16.04. The company has a market capitalization of roughly $2.99 billion and a trailing price-to-earnings ratio of 22.45.

Recent Earnings

For its trailing twelve-month period, the company reported $1.73 billion in revenue and earnings of $2.60 per share. Profitability metrics include a net margin of 10.4% and a return on equity of 27.6%. The next earnings release is scheduled for January 5, 2027.

Insider Buying and Selling at Penguin Solutions, Inc.

Insider transactions prior to this event include several sales. On August 24, 2026, Anne Kuykendall sold 4,000 shares for $202,301.0. On July 23, 2026, Joseph Gates Clark sold 1,327 shares at $57.47 per share for a total of $76,263.0. Earlier, on July 22, 2026, Anne Kuykendall sold 739 shares at $56.12 per share valued at $41,473.0, and on June 15, 2026, she sold 4,000 shares for $257,501.0.

Analysts Set New Price Targets

On October 2, 2026, Rosenblatt maintained a Buy rating and an $80.00 price target. On October 7, 2026, Rosenblatt maintained a Buy rating while raising its target to $100.00 from $80.00. On the same day, Barclays maintained an Underweight rating and a $60.00 target, Stifel maintained a Buy rating with a target lifted to $85.00 from $75.00, and Needham maintained a Buy rating with a target moved to $85.00 from $80.00. Overall, consensus analyst opinion points to a buy recommendation with a mean price target of $85.63 across 8 analysts.

About Penguin Solutions

Penguin Solutions, Inc. designs and builds hardware, software, and services focusing on technical computing, core environments, and cloud infrastructure. The firm operates across Advanced Computing, Integrated Memory, and Optimized LED segments to support modern enterprise and artificial intelligence workloads.

Bottom Line

Investors will look ahead to the next earnings report on January 5, 2027, for updates on enterprise demand and segment growth. Insider filing records will continue to track executive positioning as shares trade near recent moving averages.