Impinj (NASDAQ:PI) Insider Sells $221,107.92 in Stock

Impinj, Inc. (NASDAQ:PI) insider Sylebra Capital Llc sold 1,373 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $161.04, for a total transaction of $221,107.92. Following the completion of the transaction, the insider owned 1,499,837 shares of the company’s stock, valued at $241,533,750.48. The trade was a 0.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Sylebra Capital Llc also recently made the following trade(s):

• On Thursday, December 4th, Sylebra Capital Llc sold 3,167 shares of Impinj stock. The shares were sold at an average price of $160.59, for a total value of $508,588.53.
• On Wednesday, December 3rd, Sylebra Capital Llc sold 41,221 shares of Impinj stock. The shares were sold at an average price of $167.97, for a total value of $6,923,891.37.
• On Tuesday, December 2nd, Sylebra Capital Llc sold 41,874 shares of Impinj stock. The shares were sold at an average price of $168.23, for a total value of $7,044,463.02.
• On Monday, December 1st, Sylebra Capital Llc sold 31,058 shares of Impinj stock. The stock was sold at an average price of $167.02, for a total transaction of $5,187,307.16.
• On Friday, November 28th, Sylebra Capital Llc sold 22,297 shares of Impinj stock. The shares were sold at an average price of $172.62, for a total value of $3,848,908.14.
• On Wednesday, November 26th, Sylebra Capital Llc sold 34,556 shares of Impinj stock. The stock was sold at an average price of $171.80, for a total value of $5,936,720.80.
• On Tuesday, November 25th, Sylebra Capital Llc sold 46,110 shares of Impinj stock. The shares were sold at an average price of $167.73, for a total transaction of $7,734,030.30.
• On Monday, November 24th, Sylebra Capital Llc sold 31,952 shares of Impinj stock. The stock was sold at an average price of $159.42, for a total value of $5,093,787.84.
• On Friday, November 21st, Sylebra Capital Llc sold 3,046 shares of Impinj stock. The shares were sold at an average price of $155.10, for a total transaction of $472,434.60.
• On Thursday, November 20th, Sylebra Capital Llc sold 8,081 shares of Impinj stock. The shares were sold at an average price of $156.32, for a total transaction of $1,263,221.92.

Impinj Stock Up 0.9%

NASDAQ:PI traded up $1.47 on Friday, hitting $158.26. The stock had a trading volume of 582,464 shares, compared to its average volume of 556,055. The company has a quick ratio of 1.97, a current ratio of 2.67 and a debt-to-equity ratio of 0.94. Impinj, Inc. has a 52 week low of $60.85 and a 52 week high of $247.06. The business’s fifty day moving average is $182.52 and its 200 day moving average is $156.37. The company has a market cap of $4.77 billion, a PE ratio of -359.67 and a beta of 1.50.

Impinj (NASDAQ:PI) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.08. The business had revenue of $96.06 million during the quarter, compared to the consensus estimate of $92.71 million. Impinj had a negative net margin of 3.45% and a positive return on equity of 8.15%. Impinj’s revenue was up .9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.56 EPS. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. On average, equities research analysts expect that Impinj, Inc. will post -0.47 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on PI. Piper Sandler upped their target price on shares of Impinj from $180.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Barclays raised their price objective on Impinj from $200.00 to $211.00 and gave the company an “overweight” rating in a research note on Wednesday, November 5th. Roth Capital reiterated a “buy” rating and issued a $235.00 target price on shares of Impinj in a research note on Thursday, October 30th. Needham & Company LLC increased their target price on shares of Impinj from $195.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Finally, Susquehanna set a $255.00 price target on shares of Impinj in a report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $226.33.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of PI. GAMMA Investing LLC grew its holdings in shares of Impinj by 3.5% in the third quarter. GAMMA Investing LLC now owns 1,679 shares of the company’s stock valued at $303,000 after purchasing an additional 57 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Impinj by 0.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 16,130 shares of the company’s stock valued at $3,113,000 after purchasing an additional 66 shares in the last quarter. Amalgamated Bank lifted its position in Impinj by 1.1% during the second quarter. Amalgamated Bank now owns 6,670 shares of the company’s stock valued at $741,000 after purchasing an additional 74 shares during the last quarter. Hantz Financial Services Inc. grew its stake in shares of Impinj by 90.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock worth $29,000 after buying an additional 75 shares in the last quarter. Finally, Bessemer Group Inc. increased its holdings in shares of Impinj by 101.2% in the 3rd quarter. Bessemer Group Inc. now owns 167 shares of the company’s stock worth $31,000 after buying an additional 84 shares during the last quarter.

About Impinj

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.