Fintel reports that on January 7, 2025, Loop Capital initiated coverage of Penguin Solutions (NasdaqGS:PENG) with a Buy recommendation.
What is the Fund Sentiment?
There are 484 funds or institutions reporting positions in Penguin Solutions. This is an decrease of 4 owner(s) or 0.82% in the last quarter. Average portfolio weight of all funds dedicated to PENG is 0.15%, an increase of 15.04%. Total shares owned by institutions decreased in the last three months by 4.16% to 69,877K shares. 
The put/call ratio of PENG is 0.47, indicating a bullish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 3,375K shares representing 6.33% ownership of the company. In its prior filing, the firm reported owning 3,382K shares , representing a decrease of 0.20%. The firm decreased its portfolio allocation in PENG by 17.96% over the last quarter.
Crosslink Capital holds 2,515K shares representing 4.72% ownership of the company. In its prior filing, the firm reported owning 2,143K shares , representing an increase of 14.80%. The firm increased its portfolio allocation in PENG by 3.41% over the last quarter.
Pacer Advisors holds 2,287K shares representing 4.29% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.
Alliancebernstein holds 1,956K shares representing 3.67% ownership of the company. In its prior filing, the firm reported owning 1,707K shares , representing an increase of 12.72%. The firm increased its portfolio allocation in PENG by 37.49% over the last quarter.
Ophir Asset Management Pty holds 1,701K shares representing 3.19% ownership of the company. In its prior filing, the firm reported owning 1,502K shares , representing an increase of 11.71%. The firm decreased its portfolio allocation in PENG by 9.90% over the last quarter.
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