PENUMBRA Set to Announce Quarterly Earnings Amid Notable Insider and Hedge Fund Activity

PENUMBRA ($PEN) is scheduled to publish its quarterly earnings data on Tuesday, February 18th, following the market’s closure, according to Finnhub. Analysts predict that the company will report revenue of $314,667,338 and earnings of $0.91 per share.

For more insights into insider trading, hedge fund movements, and congressional trading, visit Quiver Quantitative’s $PEN stock page.

Analysis of Insider Trading at PENUMBRA

In the past six months, PENUMBRA insiders have conducted 60 trades of $PEN stock on the open market, with no purchases and all 60 being sales. Below is a summary of the recent insider trading activity:

• ADAM ELSESSER (CEO and President) has reported 29 sales, offloading approximately 90,000 shares for around $19,333,223.
• LAMBERT SHIU (Chief Accounting Officer) made 2 sales, selling 2,452 shares for about $595,051.
• JOHANNA ROBERTS (EVP, General Counsel & Secretary) sold 2,400 shares in 24 separate transactions for approximately $528,727.
• HARPREET GREWAL recorded 3 sales, amounting to 1,115 shares sold for around $231,585.
• DON W. KASSING executed 2 sales, moving 340 shares for about $73,570.

To monitor ongoing insider transactions, check out Quiver Quantitative’s insider trading dashboard.

Hedge Fund Movements in PENUMBRA Stock

Recent reports indicate that 177 institutional investors have added shares of PENUMBRA stock to their holdings, while 204 have reduced their positions in the latest quarter.

Notable changes in holdings include:

• PRICE T ROWE ASSOCIATES INC /MD/ divested 719,571 shares (-36.2%) in Q4 2024, valued at approximately $170,883,721.
• EAGLE ASSET MANAGEMENT INC sold off 327,932 shares (-100.0%) in Q3 2024, valued at an estimated $63,720,466.
• CITADEL ADVISORS LLC increased their position by 322,265 shares (+78.2%) in Q4 2024, worth roughly $76,531,492.
• JPMORGAN CHASE & CO decreased their holdings by 253,114 shares (-65.9%) in Q4 2024, valued at about $60,109,512.
• T. ROWE PRICE INVESTMENT MANAGEMENT, INC. raised their position by 227,506 shares (+47.4%) in Q4 2024, approximating $54,028,124.
• QUBE RESEARCH & TECHNOLOGIES LTD divested 190,378 shares (-100.0%) in Q3 2024, accounting for about $36,992,349.
• BRAIDWELL LP sold 177,600 shares (-49.1%) in Q4 2024, valued at an estimated $42,176,448.

For further details on hedge fund activities, visit Quiver Quantitative’s institutional holdings dashboard.

PENUMBRA’s Government Contracts Overview

In the last year, PENUMBRA has received a total of $386,424 in award payments from government contracts.

For insights into government contracts awarded to publicly traded companies, explore Quiver Quantitative’s government contracts dashboard.

This article does not constitute financial advice. For more information, refer to Quiver Quantitative’s disclaimers. Note that errors might occur due to ticker mapping issues and other anomalies.

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.