Penguin Solutions (NASDAQ:PENG) Stock, Insider Trading Activity

Penguin Solutions: Insider buying and selling updated today.

What is Insider Activity?

Insider trading activity involves company insiders, such as executives, directors, and employees, engaging in transactions of their own company's stock. Insiders' buy and sell transactions provide valuable insights into their confidence in the company's future performance.

What are Penguin Solutions Inc Insiders Doing?

At Penguin Solutions Inc, recent insider activity has drawn attention. Over the last 30 days, insiders have reported selling a total of 2.26K shares worth $39.62K, meanwhile, insiders have report no purchases in the last 30 days.

Notable Recent Insider Buys and Sales

  • On November 15, 2024, Joseph Gates Clark, the company's PRESIDENT, OPTIMIZED LED sold 2.26K shares for $17.5 each.

Ownership Statistics for Penguin Solutions Inc

Shares Outstanding
53.290M
Insider Shares Owned
2.808M
Insider Percentage Owned
5.27%
Institutional Shares Held
39.958M
Institutional Percentage Held
75.0%
Data brought to you by Benzinga APIs

FAQ

Q

Is insider trading legal?

A
Insider trading is legal so long as the insiders report those trades to the SEC. Illegal securities trading occurs when the insider is violating a fiduciary duty or fails to report their trades.
Q

What are some examples of market manipulation?

A
Insider trading, pump and dump schemes, front running and wash trades are all examples of market manipulation. Investors who track insider asset movement should think carefully about why these insiders are trading their stocks before moving forward.

Browse insider trades on all stocks.

PENG Insider Trading News

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