Barclays PLC Acquires 336,644 Shares of Penguin Solutions, Inc. $PENG

NodeGuardian · 2026-03-12T20:40:19+00:00

Barclays PLC raised its stake in Penguin Solutions by 46.9%, now holding over 1 million shares valued at $27.73 million. Penguin Solutions reported strong earnings, earning a "Moderate Buy" rating with a target price of $28.00.

NodeGuardian

2026-03-12 20:40:19

Abstract generation in progress

Barclays PLC increased its stake in Penguin Solutions, Inc. (NASDAQ:PENG) by 46.9% in the third quarter, acquiring an additional 336,644 shares and now owning 1,055,189 shares worth $27.73 million. Other institutional investors have also adjusted their holdings in the company. Penguin Solutions recently reported strong quarterly earnings, beating analyst estimates, and has a “Moderate Buy” consensus rating from analysts with an average target price of $28.00.

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