Insider Selling: Impinj (NASDAQ:PI) CEO Sells $909,650.00 in Stock

Impinj, Inc. (NASDAQ:PI) CEO Chris Ph.D. Diorio sold 5,000 shares of the stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $181.93, for a total value of $909,650.00. Following the transaction, the chief executive officer directly owned 301,109 shares of the company’s stock, valued at approximately $54,780,760.37. The trade was a 1.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Chris Ph.D. Diorio also recently made the following trade(s):

• On Tuesday, September 16th, Chris Ph.D. Diorio sold 4,096 shares of Impinj stock. The shares were sold at an average price of $187.63, for a total value of $768,532.48.
• On Monday, September 8th, Chris Ph.D. Diorio sold 5,000 shares of Impinj stock. The shares were sold at an average price of $192.30, for a total value of $961,500.00.
• On Tuesday, September 2nd, Chris Ph.D. Diorio sold 5,000 shares of Impinj stock. The shares were sold at an average price of $180.64, for a total value of $903,200.00.
• On Thursday, August 28th, Chris Ph.D. Diorio sold 5,000 shares of Impinj stock. The shares were sold at an average price of $187.79, for a total value of $938,950.00.

Impinj Price Performance

NASDAQ:PI opened at $195.77 on Friday. The firm has a market capitalization of $5.69 billion, a price-to-earnings ratio of 19,596.60 and a beta of 1.81. Impinj, Inc. has a 1 year low of $60.85 and a 1 year high of $239.88. The business has a 50 day simple moving average of $159.98 and a 200-day simple moving average of $119.78. The company has a debt-to-equity ratio of 1.51, a current ratio of 11.64 and a quick ratio of 8.44.

Impinj (NASDAQ:PI) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.08. The business had revenue of $97.89 million during the quarter, compared to analyst estimates of $93.78 million. Impinj had a return on equity of 8.14% and a net margin of 0.18%.The company’s revenue for the quarter was down 4.5% on a year-over-year basis. During the same period last year, the company earned $0.83 EPS. Impinj has set its Q3 2025 guidance at 0.470-0.510 EPS. Equities analysts forecast that Impinj, Inc. will post -0.47 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Susquehanna increased their price target on Impinj from $130.00 to $140.00 and gave the stock a “positive” rating in a report on Tuesday, July 22nd. Piper Sandler increased their price target on Impinj from $140.00 to $180.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Cantor Fitzgerald increased their price target on Impinj from $133.00 to $158.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $195.00 price target on shares of Impinj in a report on Monday. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $167.57.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of PI. Cetera Investment Advisers increased its holdings in Impinj by 25.7% during the 4th quarter. Cetera Investment Advisers now owns 1,626 shares of the company’s stock worth $236,000 after purchasing an additional 332 shares during the period. Millennium Management LLC increased its holdings in Impinj by 10.5% during the 4th quarter. Millennium Management LLC now owns 70,358 shares of the company’s stock worth $10,220,000 after purchasing an additional 6,713 shares during the period. Nuveen Asset Management LLC increased its holdings in Impinj by 16.1% during the 4th quarter. Nuveen Asset Management LLC now owns 164,222 shares of the company’s stock worth $23,855,000 after purchasing an additional 22,834 shares during the period. ProShare Advisors LLC increased its holdings in Impinj by 44.5% during the 4th quarter. ProShare Advisors LLC now owns 6,910 shares of the company’s stock worth $1,004,000 after purchasing an additional 2,129 shares during the period. Finally, Tidal Investments LLC purchased a new position in Impinj during the 4th quarter worth $12,921,000.

Impinj Company Profile

Impinj, Inc operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects items and delivers data about the connected items to business and consumer applications. The company’s platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item.