Penumbra executive sells over $130k in company stock
==========
Johanna Roberts, EVP, Gen. Counsel & Secretary of Penumbra Inc., sold a total of $130,242 worth of company stock on April 1, 2024. The sales were made according to a pre-arranged Rule 10b5-1 trading plan. Roberts still holds 64,282 shares in Penumbra Inc. Some of these shares are subject to vesting conditions. Penumbra Inc. has not released an official statement regarding the transactions. The company's financial health and market performance indicate a level of stability, with high earnings multiples, sufficient cash flows, and liquid assets exceeding short-term obligations. Penumbra has experienced significant revenue growth and profitability over the last twelve months. Further insider transactions and the company's stock performance continue to be monitored by investors and market analysts.