Penguin Solutions, Inc. (PENG)
NASDAQ · Semiconductors & Components · Semiconductors & Related Devices
- Price
- $53.88
- Day
- -4.77%
- Market cap
- $2.76B
- P/E
- 95.8
Close 2026-09-23.
The company
Overview At Penguin Solutions, we understand the boundless potential of technology and support our customers in turning cutting-edge ideas into outcomes—faster, and at any scale. With over two decades of experience as trusted advisors, Penguin Solutions is an end-to-end technology company solving complex challenges in computing, memory and LED solutions. Penguin Solutions designs, builds, deploys and manages high-performance, high-availability enterprise solutions, allowing customers to achieve their breakthrough innovations. We do this in partnership with our customers—customizing solutions while facilitating rapid time to value, optimized long-term performance, high availability, and greater return on investment. As of the end of fiscal 2025, Penguin Solutions employed approximately 2,900 employees worldwide, with most located in the United States, China, and Malaysia. We believe that our employees are the cornerstone of our success. To support their efforts, we aim to provide inclusive and equitable workplaces maintained through ongoing intentional actions. On October 15, 2024, we changed our corporate name from “SMART Global Holdings, Inc.” to “Penguin Solutions, Inc.” and changed our Nasdaq Global Select Market ticker symbol from “SGH” to “PENG.” The changes to the corporate name and ticker symbol did not have any impact on our legal entity structure, financial statements or previously reported financial information.
From Item 1: Overview.
By business segment
- Advanced Computing — 47%
- Integrated Memory — 34%
- Optimized LED — 19%
Institutional holders
Largest positions reported on Form 13F for the quarter ended 2026-06-30, by value.
- BlackRock, Inc. — $418.54M
- FMR LLC — $321.9M
- Invesco Ltd. — $296.36M
- STATE STREET CORP — $237.81M
- VANGUARD PORTFOLIO MANAGEMENT LLC — $226.88M
- DIMENSIONAL FUND ADVISORS LP — $171.98M
- VANGUARD CAPITAL MANAGEMENT LLC — $160.49M
- AMERICAN CENTURY COMPANIES INC — $149.14M
Insider trades
Open-market buys and sales filed on Form 4, newest first. Grants, option exercises and tax withholding are left out.
- Kuykendall Anne (SVP and Chief Legal Officer) sold 600 shares at $49.62 on 2026-08-24
- Kuykendall Anne (SVP and Chief Legal Officer) sold 3,300 shares at $50.73 on 2026-08-24
- Kuykendall Anne (SVP and Chief Legal Officer) sold 100 shares at $51.34 on 2026-08-24
- Clark Joseph Gates (SVP and Pres, Optimized LED) sold 1,327 shares at $57.47 on 2026-07-23
- Kuykendall Anne (SVP and Chief Legal Officer) sold 739 shares at $56.12 on 2026-07-22
- Kuykendall Anne (SVP and Chief Legal Officer) sold 1,596 shares at $64.82 on 2026-06-15
Recent filings
- 4 — 2026-08-26
- SCHEDULE 13G — 2026-08-13
- SCHEDULE 13G/A — 2026-08-13
- SCHEDULE 13G/A — 2026-08-06
- SCHEDULE 13D/A — 2026-07-28
- 4 — 2026-07-27
- 144 — 2026-07-23
- 4 — 2026-07-22
- 4 — 2026-07-22
- 4 — 2026-07-22