Dec. 5 at 2:19 PM
$PENG Key Points
JPMorgan Chase & Co. raised its stake in Penguin Solutions by 71.6% in Q2 to 986,633 shares, roughly 1.88% ownership valued at
$19.545 million.
Penguin reported an EPS beat of
$0.43 vs.
$0.37, issued FY2026 guidance of 1.75–2.25 EPS, and trades with a
$1.15 billion market cap and a PE of 74.76.
Significant new institutional positions—including Vanguard's ~
$111.46 million stake—plus analyst coverage averaging a "Moderate Buy" and a
$28 price target indicate notable investor interest.
I wonder who is borrowing money from JP Morgan to do business with PENG...BOOM
$50 over nite!