Impinj (NASDAQ:PI) Insider Sells $7,415,013.26 in Stock

Impinj, Inc. (NASDAQ:PI) insider Sylebra Capital Llc sold 50,573 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of $146.62, for a total transaction of $7,415,013.26. Following the transaction, the insider owned 1,266,781 shares of the company’s stock, valued at $185,735,430.22. The trade was a 3.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Thursday, December 11th, Sylebra Capital Llc sold 95,345 shares of Impinj stock. The stock was sold at an average price of $152.87, for a total transaction of $14,575,390.15.
• On Monday, December 15th, Sylebra Capital Llc sold 134,629 shares of Impinj stock. The shares were sold at an average price of $150.36, for a total value of $20,242,816.44.
• On Wednesday, December 10th, Sylebra Capital Llc sold 84,604 shares of Impinj stock. The shares were sold at an average price of $155.49, for a total value of $13,155,075.96.
• On Tuesday, December 9th, Sylebra Capital Llc sold 40 shares of Impinj stock. The shares were sold at an average price of $160.01, for a total value of $6,400.40.
• On Monday, December 8th, Sylebra Capital Llc sold 2,494 shares of Impinj stock. The stock was sold at an average price of $160.72, for a total value of $400,835.68.
• On Friday, December 5th, Sylebra Capital Llc sold 1,373 shares of Impinj stock. The shares were sold at an average price of $161.04, for a total transaction of $221,107.92.
• On Thursday, December 4th, Sylebra Capital Llc sold 3,167 shares of Impinj stock. The stock was sold at an average price of $160.59, for a total transaction 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 transaction 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 transaction 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 value of $5,187,307.16.

Impinj Stock Performance

NASDAQ:PI traded up $7.96 on Monday, hitting $153.29. The company’s stock had a trading volume of 940,572 shares, compared to its average volume of 548,509. Impinj, Inc. has a one year low of $60.85 and a one year high of $247.06. The firm has a market capitalization of $4.62 billion, a P/E ratio of -348.38 and a beta of 1.50. The stock has a fifty day moving average of $178.89 and a two-hundred day moving average of $158.54. The company has a current ratio of 2.67, a quick ratio of 1.97 and a debt-to-equity ratio of 0.94.

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on PI shares. Piper Sandler increased their price objective on shares of Impinj from $180.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Zacks Research upgraded shares of Impinj from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 7th. Cantor Fitzgerald raised their price objective on shares of Impinj from $217.00 to $246.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Wall Street Zen downgraded Impinj from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Finally, Susquehanna set a $255.00 price target on Impinj in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $226.33.

Institutional Trading of Impinj

Large investors have recently modified their holdings of the stock. Cetera Investment Advisers boosted its holdings in shares of Impinj by 254.3% in the 1st quarter. Cetera Investment Advisers now owns 5,761 shares of the company’s stock valued at $523,000 after purchasing an additional 4,135 shares in the last quarter. LPL Financial LLC boosted its stake in Impinj by 29.3% in the first quarter. LPL Financial LLC now owns 15,200 shares of the company’s stock valued at $1,379,000 after buying an additional 3,442 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Impinj by 0.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 214,483 shares of the company’s stock valued at $19,454,000 after acquiring an additional 1,085 shares during the last quarter. Swiss National Bank raised its stake in Impinj by 4.9% during the first quarter. Swiss National Bank now owns 49,300 shares of the company’s stock worth $4,472,000 after acquiring an additional 2,300 shares in the last quarter. Finally, Benjamin Edwards Inc. acquired a new stake in shares of Impinj in the 1st quarter valued at approximately $238,000.

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.