Susquehanna Fundamental Investments LLC Has $6.05 Million Stock Position in Impinj, Inc. $PI

Susquehanna Fundamental Investments LLC raised its stake in Impinj, Inc. (NASDAQ:PI) by 252.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 42,253 shares of the company’s stock after acquiring an additional 30,270 shares during the quarter. Susquehanna Fundamental Investments LLC’s holdings in Impinj were worth $6,052,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of PI. Advisors Asset Management Inc. grew its position in shares of Impinj by 39.9% in the first quarter. Advisors Asset Management Inc. now owns 491 shares of the company’s stock valued at $45,000 after purchasing an additional 140 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Impinj by 10.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 279,209 shares of the company’s stock valued at $25,324,000 after purchasing an additional 26,388 shares during the period. Focus Partners Wealth acquired a new position in Impinj in the 1st quarter valued at $223,000. Intech Investment Management LLC increased its position in Impinj by 29.6% during the 1st quarter. Intech Investment Management LLC now owns 16,708 shares of the company’s stock worth $1,515,000 after buying an additional 3,812 shares during the period. Finally, Marshall Wace LLP acquired a new stake in shares of Impinj during the second quarter worth $3,833,000.

Insider Buying and Selling at Impinj

In other news, Director Sylebra Capital Llc sold 12,105 shares of the business’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $127.36, for a total value of $1,541,692.80. Following the transaction, the director directly owned 782,943 shares of the company’s stock, valued at $99,715,620.48. The trade was a 1.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Cary Baker sold 1,429 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $185.00, for a total value of $264,365.00. Following the sale, the chief financial officer owned 88,226 shares in the company, valued at approximately $16,321,810. The trade was a 1.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 146,266 shares of company stock valued at $19,017,361. 6.80% of the stock is currently owned by corporate insiders.

Impinj Stock Up 2.5%

Shares of PI opened at $174.32 on Tuesday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.29 and a current ratio of 3.28. Impinj, Inc. has a 52 week low of $87.36 and a 52 week high of $247.06. The stock has a market capitalization of $5.33 billion, a price-to-earnings ratio of -189.48 and a beta of 1.94. The stock has a fifty day moving average of $151.62 and a 200-day moving average of $132.07.

Impinj (NASDAQ:PI) last posted its earnings results on Wednesday, July 29th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.80 by $0.06. Impinj had a negative net margin of 7.26% and a positive return on equity of 5.23%. The business had revenue of $108.37 million for the quarter, compared to the consensus estimate of $104.60 million. During the same period last year, the company earned $0.80 EPS. The firm’s revenue was up 10.7% compared to the same quarter last year. Impinj has set its Q3 2026 guidance at 0.590-0.630 EPS. As a group, sell-side analysts anticipate that Impinj, Inc. will post 0.37 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Zacks Research upgraded shares of Impinj from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 31st. Needham & Company LLC dropped their price objective on shares of Impinj from $175.00 to $168.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Jefferies Financial Group boosted their price target on Impinj from $175.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Wall Street Zen upgraded Impinj from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $200.00 target price on shares of Impinj in a report on Thursday, July 30th. One investment 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 stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $183.30.

Impinj Profile

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).