Impinj, Inc. $PI Stock Holdings Boosted by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc boosted its position in Impinj, Inc. (NASDAQ:PIFree Report) by 30.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 21,200 shares of the company’s stock after purchasing an additional 5,000 shares during the quarter. K.J. Harrison & Partners Inc’s holdings in Impinj were worth $3,874,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PI. CoreCap Advisors LLC acquired a new stake in shares of Impinj in the third quarter valued at approximately $27,000. Hantz Financial Services Inc. grew its holdings in Impinj by 90.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock worth $29,000 after buying an additional 75 shares in the last quarter. Bessemer Group Inc. increased its position in Impinj by 101.2% in the 3rd quarter. Bessemer Group Inc. now owns 167 shares of the company’s stock valued at $31,000 after acquiring an additional 84 shares during the period. Salomon & Ludwin LLC bought a new stake in Impinj during the 3rd quarter valued at $31,000. Finally, Rothschild Investment LLC boosted its position in Impinj by 572.5% during the 3rd quarter. Rothschild Investment LLC now owns 269 shares of the company’s stock worth $49,000 after acquiring an additional 229 shares during the period.

Insider Transactions at Impinj

In other Impinj news, insider Sylebra Capital Llc sold 134,629 shares of the company’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $150.36, for a total value of $20,242,816.44. Following the transaction, the insider owned 1,132,152 shares of the company’s stock, valued at approximately $170,230,374.72. This represents a 10.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 508,675 shares of company stock valued at $79,529,798 in the last quarter. Insiders own 12.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. UBS Group set a $155.00 price objective on shares of Impinj in a research note on Friday, February 6th. Wall Street Zen downgraded shares of Impinj from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Piper Sandler reaffirmed a “mixed” rating and issued a $180.00 price target (down from $230.00) on shares of Impinj in a research note on Friday, February 6th. Evercore reiterated an “in-line” rating and set a $112.00 price objective (down from $273.00) on shares of Impinj in a research note on Friday, February 6th. Finally, Needham & Company LLC dropped their target price on Impinj from $255.00 to $175.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Impinj presently has an average rating of “Hold” and an average target price of $173.38.

View Our Latest Report on Impinj

Impinj Price Performance

Shares of NASDAQ PI opened at $125.52 on Thursday. Impinj, Inc. has a twelve month low of $60.85 and a twelve month high of $247.06. The company has a current ratio of 2.68, a quick ratio of 2.01 and a debt-to-equity ratio of 0.88. The firm has a 50-day moving average of $156.97 and a two-hundred day moving average of $171.83. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of -321.84 and a beta of 1.56.

Impinj (NASDAQ:PIGet Free Report) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.50 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.50. Impinj had a negative net margin of 3.00% and a positive return on equity of 8.49%. The company had revenue of $92.85 million for the quarter, compared to analysts’ expectations of $91.87 million. During the same quarter in the previous year, the company posted $0.48 EPS. The business’s revenue was up 1.4% compared to the same quarter last year. Impinj has set its Q1 2026 guidance at 0.080-0.130 EPS. As a group, analysts expect that Impinj, Inc. will post -0.47 earnings per share for the current fiscal year.

Impinj Company Profile

(Free Report)

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).

Further Reading

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Institutional Ownership by Quarter for Impinj (NASDAQ:PI)

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