Stephens Investment Management Group LLC Takes $3.98 Million Position in Impinj, Inc. $PI

Stephens Investment Management Group LLC bought a new stake in shares of Impinj, Inc. (NASDAQ:PI) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 35,784 shares of the company’s stock, valued at approximately $3,975,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Banque Transatlantique SA bought a new position in shares of Impinj during the first quarter valued at approximately $29,000. Harbour Investments Inc. bought a new position in shares of Impinj during the second quarter valued at approximately $33,000. SBI Securities Co. Ltd. raised its holdings in shares of Impinj by 75.3% during the first quarter. SBI Securities Co. Ltd. now owns 398 shares of the company’s stock valued at $36,000 after acquiring an additional 171 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of Impinj during the first quarter valued at approximately $43,000. Finally, Ameritas Advisory Services LLC bought a new position in shares of Impinj during the second quarter valued at approximately $43,000.

Analyst Ratings Changes

A number of equities analysts recently commented on PI shares. Zacks Research upgraded Impinj from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 7th. Needham & Company LLC reiterated a “buy” rating and issued a $195.00 price objective on shares of Impinj in a report on Monday, September 15th. Weiss Ratings reiterated a “sell (d)” rating on shares of Impinj in a report on Wednesday, October 8th. Cantor Fitzgerald increased their price objective on Impinj from $158.00 to $217.00 and gave the stock an “overweight” rating in a report on Monday, October 6th. Finally, Barclays started coverage on Impinj in a report on Tuesday, October 7th. They issued an “overweight” rating and a $200.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $190.88.

Impinj Price Performance

Shares of NASDAQ:PI opened at $202.08 on Thursday. Impinj, Inc. has a 1-year low of $60.85 and a 1-year high of $227.67. The company has a debt-to-equity ratio of 1.51, a current ratio of 11.64 and a quick ratio of 8.44. The business has a fifty day moving average price of $187.35 and a 200-day moving average price of $136.55. The company has a market capitalization of $5.88 billion, a PE ratio of 20,228.23 and a beta of 1.83.

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

Insider Activity

In other Impinj news, insider Sylebra Capital Llc sold 300,000 shares of the firm’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $196.24, for a total value of $58,872,000.00. Following the transaction, the insider directly owned 1,829,260 shares of the company’s stock, valued at approximately $358,973,982.40. This trade represents a 14.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Chris Ph.D. Diorio sold 5,000 shares of the firm’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $192.30, for a total value of $961,500.00. Following the completion of the transaction, the chief executive officer directly owned 341,109 shares in the company, valued at $65,595,260.70. The trade was a 1.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 324,096 shares of company stock worth $63,353,832 over the last three months. Insiders own 12.40% of the company’s stock.

Impinj 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.