Arani Bose sells Penumbra shares worth $3m

Published 16/08/2025, 00:50
Arani Bose sells Penumbra shares worth $3m

Director Arani Bose sold 12,000 shares of Penumbra Inc (NASDAQ:PEN) common stock on August 13, 2025, for approximately $3,007,775. The transaction comes as Penumbra, with a market capitalization of $9.84 billion, maintains a "GREAT" financial health score according to InvestingPro analysis.

The sales were executed in two transactions. The first involved 9,103 shares sold at a weighted average price of $250.45, with individual prices ranging from $250.00 to $250.95. The second transaction involved 2,897 shares sold at a weighted average price of $251.27, within a price range of $251.00 to $251.79.

Following these transactions, Bose directly owns 4,013 shares of Penumbra Inc . In addition, Bose indirectly owns 290,261 shares through Bose Family Holdings II, LLC.

The sales were effected pursuant to the Reporting Person’s Rule 10b5-1 trading plan.

In other recent news, Penumbra Inc. reported its second-quarter 2025 earnings, surpassing both earnings per share (EPS) and revenue forecasts. The company posted an EPS of $0.86, exceeding the anticipated $0.83, and achieved a revenue of $339.5 million, above the expected $327.77 million. This strong performance led the company to raise its 2025 revenue guidance, driven by robust growth in its peripheral vascular and stroke business segments. Following these results, UBS raised its price target for Penumbra to $335 from $330, maintaining a Buy rating due to the solid growth observed. Similarly, RBC Capital adjusted its price target to $325 from $330, continuing an Outperform rating, citing positive margin outlooks. The earnings report showed a 13.4% year-over-year sales growth, exceeding Street estimates by 3.7%. These developments highlight Penumbra’s above-market performance in its key business areas.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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