Polar Asset Management Partners Inc. Raises Stock Holdings in Impinj, Inc. $PI

Polar Asset Management Partners Inc. lifted its stake in Impinj, Inc. (NASDAQ:PI) by 25.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 136,656 shares of the company’s stock after purchasing an additional 27,845 shares during the quarter. Polar Asset Management Partners Inc.’s holdings in Impinj were worth $14,035,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of Impinj by 2.5% during the 4th quarter. Vanguard Group Inc. now owns 3,465,949 shares of the company’s stock valued at $603,110,000 after acquiring an additional 85,882 shares during the period. Invesco Ltd. raised its stake in Impinj by 6.5% during the 4th quarter. Invesco Ltd. now owns 1,287,879 shares of the company’s stock worth $224,104,000 after acquiring an additional 78,587 shares during the period. State Street Corp raised its stake in Impinj by 10.8% during the 4th quarter. State Street Corp now owns 1,276,893 shares of the company’s stock worth $222,192,000 after acquiring an additional 124,792 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in Impinj by 2.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 692,596 shares of the company’s stock valued at $120,519,000 after purchasing an additional 18,263 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Impinj by 6.8% in the fourth quarter. Geode Capital Management LLC now owns 667,647 shares of the company’s stock worth $116,195,000 after purchasing an additional 42,792 shares during the period.

Insider Transactions at Impinj

In other Impinj news, Director Sylebra Capital Llc sold 12,105 shares of Impinj stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $127.36, for a total value of $1,541,692.80. Following the sale, the director directly owned 782,943 shares in the company, valued at approximately $99,715,620.48. The trade was a 1.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In the last 90 days, insiders have sold 265,124 shares of company stock valued at $36,565,887. Insiders own 6.80% of the company’s stock.

Impinj Stock Performance

Shares of PI opened at $127.55 on Monday. The company has a debt-to-equity ratio of 1.18, a current ratio of 9.20 and a quick ratio of 6.55. Impinj, Inc. has a 1 year low of $87.36 and a 1 year high of $247.06. The company has a 50 day simple moving average of $137.90 and a two-hundred day simple moving average of $132.01. The firm has a market cap of $3.89 billion, a P/E ratio of -138.64 and a beta of 1.92.

Impinj (NASDAQ:PI) last released its earnings results on Wednesday, April 29th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.11 by $0.03. Impinj had a negative net margin of 7.66% and a positive return on equity of 5.67%. The firm had revenue of $74.25 million for the quarter, compared to the consensus estimate of $72.53 million. During the same quarter in the previous year, the firm earned $0.21 earnings per share. The company’s quarterly revenue was down .1% compared to the same quarter last year. Impinj has set its Q2 2026 guidance at 0.770-0.820 EPS. On average, equities analysts expect that Impinj, Inc. will post 0.28 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Barclays increased their price objective on shares of Impinj from $169.00 to $176.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. UBS Group upped their target price on shares of Impinj from $155.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Evercore set a $144.00 price target on Impinj in a research note on Thursday, April 30th. Needham & Company LLC reissued a “buy” rating and set a $175.00 price target on shares of Impinj in a report on Thursday, April 30th. Finally, Wall Street Zen downgraded Impinj from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Five equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Impinj has an average rating of “Hold” and an average target price of $175.00.

About Impinj

Impinj, Inc, headquartered in Seattle, Washington, develops Radio Frequency Identification (RFID) solutions designed to connect everyday items to the internet. Founded in 2000, the company pioneered RAIN RFID technology with a focus on transforming supply chain and inventory processes across retail, healthcare, airport baggage handling and manufacturing. Impinj’s platform comprises RAIN RFID tag chips, fixed and handheld RFID readers, gateways, antennas and connectivity modules that enable real-time visibility of tagged items.

Impinj’s product portfolio is built around its core RAIN RFID ecosystem, offering tag chips for high-volume production (Monza series), reader chips for integration into third-party devices and complete reader and gateway systems (Speedway series and xArray).