P.A.W. Capital Corp Has $9.31 Million Holdings in Penguin Solutions, Inc. $PENG

P.A.W. Capital Corp increased its position in shares of Penguin Solutions, Inc. (NASDAQ:PENG) by 4.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 470,000 shares of the company’s stock after acquiring an additional 20,000 shares during the period. Penguin Solutions makes up about 17.9% of P.A.W. Capital Corp’s investment portfolio, making the stock its largest position. P.A.W. Capital Corp’s holdings in Penguin Solutions were worth $9,311,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. bought a new position in shares of Penguin Solutions during the 1st quarter valued at about $111,458,000. Alliancebernstein L.P. bought a new stake in shares of Penguin Solutions in the 1st quarter worth approximately $28,919,000. Paradigm Capital Management Inc. NY acquired a new stake in Penguin Solutions during the first quarter valued at approximately $19,545,000. Think Investments LP bought a new stake in Penguin Solutions during the first quarter worth approximately $15,713,000. Finally, Charles Schwab Investment Management Inc. bought a new stake in Penguin Solutions during the first quarter worth approximately $14,786,000.

Analyst Ratings Changes

Several research analysts have issued reports on PENG shares. Zacks Research cut Penguin Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday, September 8th. Rosenblatt Securities restated a “buy” rating and issued a $30.00 target price on shares of Penguin Solutions in a report on Tuesday, October 14th. Wall Street Zen lowered Penguin Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Stifel Nicolaus increased their price target on Penguin Solutions from $27.00 to $31.00 and gave the company a “buy” rating in a research report on Monday, October 6th. Finally, Needham & Company LLC lifted their price target on Penguin Solutions from $27.00 to $30.00 and gave the stock a “buy” rating in a research note on Tuesday, July 22nd. Seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $28.00.

Penguin Solutions Stock Down 2.4%

Shares of Penguin Solutions stock opened at $18.11 on Wednesday. The stock has a 50-day moving average price of $23.72 and a 200 day moving average price of $22.37. The company has a market cap of $957.28 million, a P/E ratio of 62.45 and a beta of 2.20. The company has a current ratio of 2.25, a quick ratio of 1.71 and a debt-to-equity ratio of 1.09. Penguin Solutions, Inc. has a 1 year low of $14.20 and a 1 year high of $29.80.

Penguin Solutions (NASDAQ:PENG) last released its earnings results on Tuesday, October 7th. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.06. The company had revenue of $643.49 million for the quarter, compared to analysts’ expectations of $342.11 million. Penguin Solutions had a return on equity of 14.45% and a net margin of 1.82%. Penguin Solutions has set its FY 2026 guidance at 1.750-2.25 EPS. As a group, analysts expect that Penguin Solutions, Inc. will post 1.05 EPS for the current fiscal year.

About Penguin Solutions

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.