China says Nvidia broke competition rules, extends probe; stock off lows
Johanna Roberts, EVP, Gen. Counsel & Secretary at Penumbra Inc (NASDAQ:PEN), sold 599 shares of common stock on September 2, 2025, for a total value of $162347. The sales were executed in multiple transactions with prices ranging from $269.2 to $273.12.
Following the transactions, Roberts directly owns 64857 shares of Penumbra Inc . A portion of these shares is subject to vesting. The sales were effected pursuant to Roberts’ Rule 10b5-1 trading plan. With a market capitalization of $10.88 billion and an overall Financial Health Score rated as GREAT by InvestingPro, Penumbra trades at a premium valuation with a P/E ratio of 72.5. Discover more insights and 12 additional ProTips for PEN through InvestingPro’s comprehensive research platform.
In other recent news, Penumbra Inc. reported its second-quarter 2025 earnings, surpassing expectations with an earnings per share (EPS) of $0.86 and revenue of $339.5 million, which exceeded forecasts of $327.77 million. The company also raised its 2025 revenue guidance, driven by strong growth in its peripheral vascular and stroke businesses. UBS responded to these results by increasing its price target for Penumbra to $335 from $330, maintaining a Buy rating due to solid growth. Conversely, RBC Capital lowered its price target slightly to $325 from $330, while still keeping an Outperform rating, citing concerns about the margin outlook.
Evercore ISI initiated coverage on Penumbra with an Outperform rating and a price target of $300, highlighting the company’s potential for topline acceleration as challenges in China diminish and new products, such as the STORM PE, are introduced. Additionally, Penumbra announced the promotion of Shruthi Narayan to the position of President, effective September 1, 2025. Narayan has been with the company since 2013 and has extensive experience in the medical device industry, including her prior role at Medtronic. These developments reflect Penumbra’s ongoing strategic growth and leadership changes.
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