Thrivent Financial for Lutherans Sells 4,607 Shares of Impinj, Inc. $PI

Thrivent Financial for Lutherans decreased its holdings in shares of Impinj, Inc. (NASDAQ:PI) by 6.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 63,327 shares of the company’s stock after selling 4,607 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.21% of Impinj worth $11,020,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Hantz Financial Services Inc. increased its position in Impinj by 90.4% during the third quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock worth $29,000 after buying an additional 75 shares during the last quarter. Bessemer Group Inc. increased its holdings in shares of Impinj by 101.2% during 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 last quarter. Danske Bank A S bought a new position in shares of Impinj in the 4th quarter valued at approximately $35,000. Advisors Asset Management Inc. lifted its holdings in Impinj by 39.9% in the 1st quarter. Advisors Asset Management Inc. now owns 491 shares of the company’s stock worth $45,000 after purchasing an additional 140 shares during the last quarter. Finally, Rothschild Investment LLC lifted its holdings in Impinj by 572.5% in the 3rd quarter. Rothschild Investment LLC now owns 269 shares of the company’s stock worth $49,000 after purchasing an additional 229 shares during the last quarter.

Analyst Ratings Changes

Several research firms recently weighed in on PI. Cantor Fitzgerald reduced their target price on Impinj from $246.00 to $170.00 and set an “overweight” rating for the company in a report on Friday, February 6th. Needham & Company LLC restated a “buy” rating and issued a $175.00 target price on shares of Impinj in a report on Thursday, April 30th. Weiss Ratings lowered Impinj from a “sell (d)” rating to a “sell (e+)” rating in a report on Monday, May 4th. Wall Street Zen upgraded Impinj from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, UBS Group upped their price target on shares of Impinj from $155.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Impinj currently has a consensus rating of “Hold” and an average price target of $175.00.

Impinj Stock Down 4.7%

PI stock opened at $132.74 on Wednesday. The company has a debt-to-equity ratio of 1.18, a current ratio of 9.20 and a quick ratio of 6.55. Impinj, Inc. has a 52-week low of $87.36 and a 52-week high of $247.06. The company has a 50-day moving average of $115.09 and a two-hundred day moving average of $141.34. The stock has a market capitalization of $4.04 billion, a price-to-earnings ratio of -144.28 and a beta of 1.93.

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

Insider Transactions at Impinj

In other Impinj news, Director Sylebra Capital Llc sold 25,896 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $152.73, for a total transaction of $3,955,096.08. Following the completion of the sale, the director directly owned 1,070,085 shares in the company, valued at $163,434,082.05. This represents a 2.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 6.80% of the stock is owned by company insiders.

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).