Inceptionr LLC Invests $469,000 in Impinj, Inc. $PI

Inceptionr LLC purchased a new stake in Impinj, Inc. (NASDAQ:PI) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,567 shares of the company’s stock, valued at approximately $469,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Advisors Asset Management Inc. lifted its stake in Impinj by 39.9% in the 1st 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. lifted its stake in shares of 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 acquiring an additional 26,388 shares during the last quarter. Focus Partners Wealth acquired a new stake in shares of Impinj during the 1st quarter valued at $223,000. Intech Investment Management LLC grew 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 acquiring an additional 3,812 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in Impinj in the 2nd quarter worth about $3,833,000.

Impinj Price Performance

Shares of NASDAQ:PI opened at $127.55 on Monday. The firm has a market cap of $3.89 billion, a P/E ratio of -138.64 and a beta of 1.92. Impinj, Inc. has a 12-month low of $87.36 and a 12-month high of $247.06. The business has a fifty day simple moving average of $137.90 and a 200 day simple moving average of $132.01. The company has a quick ratio of 6.55, a current ratio of 9.20 and a debt-to-equity ratio of 1.18.

Impinj (NASDAQ:PI) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.03. The firm had revenue of $74.25 million for the quarter, compared to analyst estimates of $72.53 million. Impinj had a positive return on equity of 5.67% and a negative net margin of 7.66%.The business’s revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.21 EPS. Impinj has set its Q2 2026 guidance at 0.770-0.820 EPS. Analysts predict that Impinj, Inc. will post 0.28 earnings per share for the current year.

Insider Transactions at Impinj

In other news, Director Sylebra Capital Llc sold 48,504 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $150.78, for a total value of $7,313,433.12. Following the transaction, the director owned 973,667 shares in the company, valued at approximately $146,809,510.26. The trade was a 4.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last three months, insiders have sold 265,124 shares of company stock worth $36,565,887. 6.80% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently commented on PI shares. Wall Street Zen lowered Impinj from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. UBS Group upped their price objective on Impinj from $155.00 to $175.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Evercore set a $144.00 price objective on Impinj in a research note on Thursday, April 30th. Needham & Company LLC reiterated a “buy” rating and set a $175.00 target price on shares of Impinj in a research report on Thursday, April 30th. Finally, Zacks Research raised shares of Impinj from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $175.00.

Impinj Company 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).