PEN PENUMBRA INC
2026Q2 · CUSIP 70975L107 · Sector: Healthcare & Biotech
Funds leaving and price falling — historically weak for the next six months
437 funds held PEN at the end of 2026Q2, down 43 from the quarter before. Buying is stronger than only 2.7% of US stocks, and the price fell over the same quarter — funds leaving and price weakness at the same time. On the business itself, revenue over the last 12 months was $1.5B(YoY +17.5%), the P/E is 79.3x, return on equity is 10.5%. PEN has had 18 buying rushes in its history, and the price moved +5.9% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Healthcare & Biotech sector.
How many funds owned it, quarter by quarter
Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.
What happened after each past buying rush 18 times in its history
| Quarter of the rush | How unusual then | Price, next 3 months | Price, next 6 months |
|---|---|---|---|
| 2026Q1 | Top 10% | -2.5% | — |
| 2025Q2 | Top 10% | -0.7% | +9.7% |
| 2025Q1 | Top 5% | -11.8% | -10.1% |
| 2024Q4 | Top 20% | +3.2% | +4.5% |
| 2023Q2 | Top 5% | -6.6% | -15.8% |
| 2023Q1 | Top 10% | +8.0% | -18.7% |
| 2022Q4 | Top 20% | +4.9% | +17.7% |
| 2022Q3 | Top 20% | +13.6% | +33.9% |
These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.
Show all the numbers (large funds, value held, options…) ▾ Collapse ▴
These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.
8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.
Fundamentals
Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable
P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden
FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden
As of 2026-06-30 · SEC filings (XBRL)
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2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.