Emerald Mutual Fund Advisers Trust Boosts Holdings in Impinj, Inc. $PI

Emerald Mutual Fund Advisers Trust raised its position in Impinj, Inc. (NASDAQ:PI) by 11.9% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 111,287 shares of the company’s stock after buying an additional 11,800 shares during the quarter. Emerald Mutual Fund Advisers Trust’s holdings in Impinj were worth $11,429,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of PI. Wealth Enhancement Advisory Services LLC increased its stake in shares of Impinj by 85.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 29,889 shares of the company’s stock worth $5,775,000 after acquiring an additional 13,759 shares during the period. Intech Investment Management LLC increased its position in Impinj by 63.5% during the 4th quarter. Intech Investment Management LLC now owns 18,532 shares of the company’s stock worth $3,225,000 after purchasing an additional 7,194 shares during the period. Aberdeen Group plc increased its position in Impinj by 193.8% during the 4th quarter. Aberdeen Group plc now owns 68,387 shares of the company’s stock worth $11,900,000 after purchasing an additional 45,112 shares during the period. Baillie Gifford & Co. purchased a new position in shares of Impinj during the 4th quarter worth approximately $17,880,000. Finally, Stephens Investment Management Group LLC raised its stake in shares of Impinj by 36.4% during the 1st quarter. Stephens Investment Management Group LLC now owns 79,531 shares of the company’s stock worth $8,168,000 after buying an additional 21,205 shares in the last quarter.

Analyst Upgrades and Downgrades

PI has been the topic of a number of recent analyst reports. Zacks Research raised Impinj from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Needham & Company LLC reiterated a “buy” rating and set a $175.00 price target on shares of Impinj in a research report on Thursday, April 30th. UBS Group lifted their price objective on Impinj from $155.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Weiss Ratings downgraded shares of Impinj from a “sell (d)” rating to a “sell (e+)” rating in a report on Monday, May 4th. Finally, Evercore set a $144.00 target price on Impinj in a research note on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $175.00.

Insider Buying and Selling at Impinj

In related news, Director Sylebra Capital Llc sold 48,504 shares of the firm’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 sale, the director directly owned 973,667 shares of the company’s stock, valued at approximately $146,809,510.26. This trade represents a 4.75% 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. In the last 90 days, insiders have sold 265,124 shares of company stock worth $36,565,887. Corporate insiders own 6.80% of the company’s stock.

Impinj Stock Up 1.4%

PI stock opened at $146.02 on Tuesday. The company has a 50 day moving average price of $140.06 and a two-hundred day moving average price of $134.41. The company has a debt-to-equity ratio of 1.18, a quick ratio of 6.55 and a current ratio of 9.20. The stock has a market capitalization of $4.45 billion, a P/E ratio of -158.72 and a beta of 1.92. Impinj, Inc. has a one year low of $87.36 and a one year high of $247.06.

Impinj (NASDAQ:PI) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. The company 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 for the quarter was down .1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.21 EPS. Impinj has set its Q2 2026 guidance at 0.770-0.820 EPS. As a group, sell-side analysts expect that Impinj, Inc. will post 0.28 EPS for the current year.

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).