Impinj, Inc. $PI Position Decreased by Inspire Investing LLC

Inspire Investing LLC decreased its holdings in shares of Impinj, Inc. (NASDAQ:PI) by 7.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,493 shares of the company’s stock after selling 288 shares during the period. Inspire Investing LLC’s holdings in Impinj were worth $388,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Advisors Asset Management Inc. lifted its stake in Impinj by 39.9% during the first quarter. Advisors Asset Management Inc. now owns 491 shares of the company’s stock valued at $45,000 after buying an additional 140 shares in the last quarter. Maryland State Retirement & Pension System lifted its stake in Impinj by 2.5% during the second quarter. Maryland State Retirement & Pension System now owns 6,899 shares of the company’s stock valued at $766,000 after buying an additional 167 shares in the last quarter. SBI Securities Co. Ltd. lifted its stake in 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 buying an additional 171 shares in the last quarter. CWM LLC lifted its stake in Impinj by 3.3% during the first quarter. CWM LLC now owns 5,818 shares of the company’s stock valued at $528,000 after buying an additional 185 shares in the last quarter. Finally, SFE Investment Counsel lifted its stake in Impinj by 6.5% during the first quarter. SFE Investment Counsel now owns 4,500 shares of the company’s stock valued at $408,000 after buying an additional 273 shares in the last quarter.

Insider Buying and Selling at Impinj

In other news, CEO Chris Ph.D. Diorio sold 5,000 shares of the stock in a transaction on Monday, September 8th. The shares were sold at an average price of $192.30, for a total transaction of $961,500.00. Following the transaction, the chief executive officer owned 341,109 shares in the company, valued at $65,595,260.70. This represents a 1.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Sylebra Capital Llc sold 300,000 shares of the stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $196.24, for a total value of $58,872,000.00. Following the transaction, the insider owned 1,829,260 shares in the company, valued at approximately $358,973,982.40. This trade represents a 14.09% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 324,096 shares of company stock worth $63,353,832. 12.40% of the stock is currently owned by company insiders.

Impinj Stock Performance

Shares of PI opened at $198.93 on Thursday. The company’s fifty day moving average is $183.12 and its 200-day moving average is $132.47. Impinj, Inc. has a 12 month low of $60.85 and a 12 month high of $238.98. The firm has a market cap of $5.79 billion, a price-to-earnings ratio of 19,912.91 and a beta of 1.83. The company has a quick ratio of 8.44, a current ratio of 11.64 and a debt-to-equity ratio of 1.51.

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

Analyst Upgrades and Downgrades

PI has been the subject of a number of research analyst reports. Barclays initiated coverage on shares of Impinj in a research report on Tuesday, October 7th. They issued an “overweight” rating and a $200.00 price target for the company. Piper Sandler increased their price target on shares of Impinj from $140.00 to $180.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Susquehanna increased their price target on shares of Impinj from $130.00 to $140.00 and gave the stock a “positive” rating in a research report on Tuesday, July 22nd. Zacks Research raised shares of Impinj from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Impinj in a research report on Wednesday, October 8th. Two investment 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 stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $179.00.

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.