IMPINJ Inc (NYSE:PI) CFO Evan Fein sold 10,000 shares of IMPINJ stock in a transaction on Friday, June 16th. The stock was sold at an average price of $53.19, for a total value of $531,900.00. Following the transaction, the chief financial officer now owns 21,100 shares in the company, valued at approximately $1,122,309. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Evan Fein also recently made the following trade(s):
- On Thursday, June 1st, Evan Fein sold 9,000 shares of IMPINJ stock. The stock was sold at an average price of $43.68, for a total value of $393,120.00.
- On Friday, May 5th, Evan Fein sold 10,207 shares of IMPINJ stock. The stock was sold at an average price of $41.54, for a total value of $423,998.78.
Shares of IMPINJ Inc (PI) traded up 0.25% during mid-day trading on Monday, hitting $55.85. The company had a trading volume of 1,212,359 shares. The firm has a 50-day moving average of $43.06 and a 200-day moving average of $34.94. IMPINJ Inc has a 12 month low of $16.36 and a 12 month high of $57.15. The company’s market cap is $1.15 billion.
IMPINJ (NYSE:PI) last issued its quarterly earnings data on Thursday, May 4th. The company reported $0.01 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.02. The business had revenue of $31.70 million for the quarter, compared to analyst estimates of $30.81 million. The business’s revenue was up 46.8% on a year-over-year basis. On average, analysts expect that IMPINJ Inc will post $0.24 EPS for the current year.
WARNING: This piece of content was reported by BBNS and is the property of of BBNS. If you are accessing this piece of content on another domain, it was copied illegally and reposted in violation of US and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://baseballnewssource.com/markets/insider-selling-impinj-inc-pi-cfo-sells-10000-shares-of-stock/1043844.html.
A number of large investors have recently modified their holdings of the stock. Capital Impact Advisors LLC acquired a new stake in shares of IMPINJ during the first quarter worth $1,643,000. Hillman Co. acquired a new stake in shares of IMPINJ during the first quarter worth $337,000. Baird Financial Group Inc. acquired a new stake in shares of IMPINJ during the first quarter worth $487,000. Quadrature Capital Ltd acquired a new stake in shares of IMPINJ during the fourth quarter worth $609,000. Finally, Russell Investments Group Ltd. acquired a new stake in shares of IMPINJ during the fourth quarter worth $1,712,000.
Several research analysts have recently commented on PI shares. Zacks Investment Research lowered IMPINJ from a “hold” rating to a “strong sell” rating in a report on Thursday, May 18th. Morgan Stanley reiterated a “buy” rating and set a $40.00 price target on shares of IMPINJ in a report on Tuesday, March 21st. Canaccord Genuity reiterated a “buy” rating and set a $38.00 price target on shares of IMPINJ in a report on Friday, May 12th. Royal Bank Of Canada reduced their price target on IMPINJ from $44.00 to $42.00 and set an “outperform” rating on the stock in a report on Friday, May 5th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $40.00 price target on shares of IMPINJ in a report on Thursday, March 2nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company’s stock. IMPINJ presently has a consensus rating of “Buy” and an average target price of $41.38.
Impinj, Inc is a provider of RAIN radio frequency identification (RFID) solutions. The Company sells a platform that includes endpoint integrated circuits (ICs), reader ICs, readers and gateways that enable wireless connectivity to everyday items, and software that delivers Item Intelligence from endpoint reads.
Receive News & Ratings for IMPINJ Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IMPINJ Inc and related companies with our FREE daily email newsletter.