6,500 Shares in Impinj, Inc. $PI Acquired by Ardsley Advisory Partners LP

Ardsley Advisory Partners LP acquired a new position in Impinj, Inc. (NASDAQ:PI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 6,500 shares of the company’s stock, valued at approximately $1,131,000.

Other large investors also recently bought and sold shares of the company. Danske Bank A S bought a new position in Impinj in the fourth quarter worth approximately $35,000. Rothschild Investment LLC raised its stake in Impinj by 572.5% in the third quarter. Rothschild Investment LLC now owns 269 shares of the company’s stock worth $49,000 after buying an additional 229 shares in the last quarter. Daiwa Securities Group Inc. raised its stake in Impinj by 41.7% in the fourth quarter. Daiwa Securities Group Inc. now owns 340 shares of the company’s stock worth $59,000 after buying an additional 100 shares in the last quarter. Larson Financial Group LLC raised its stake in Impinj by 7,100.0% in the fourth quarter. Larson Financial Group LLC now owns 360 shares of the company’s stock worth $63,000 after buying an additional 355 shares in the last quarter. Finally, Kelleher Financial Advisors bought a new position in Impinj in the third quarter worth approximately $66,000.

Impinj Price Performance

NASDAQ PI opened at $123.62 on Thursday. The company has a debt-to-equity ratio of 1.18, a current ratio of 9.20 and a quick ratio of 6.55. The stock’s fifty day moving average price is $131.75 and its 200 day moving average price is $137.57. Impinj, Inc. has a 1 year low of $87.36 and a 1 year high of $247.06. The company has a market cap of $3.77 billion, a price-to-earnings ratio of -134.37 and a beta of 1.91.

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

Insider Activity

In related news, Director Sylebra Capital Llc sold 48,504 shares of the company’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $150.78, for a total value of $7,313,433.12. Following the transaction, the director directly owned 973,667 shares of the company’s stock, valued at $146,809,510.26. This represents a 4.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders sold 265,124 shares of company stock valued at $36,565,887. 6.80% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

PI has been the subject of several analyst reports. Wall Street Zen upgraded Impinj from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Evercore set a $144.00 price objective on Impinj in a report on Thursday, April 30th. Needham & Company LLC reiterated a “buy” rating and set a $175.00 price objective on shares of Impinj in a report on Thursday, April 30th. Roth Mkm decreased their price objective on Impinj from $220.00 to $180.00 and set a “buy” rating for the company in a report on Monday, March 16th. Finally, Weiss Ratings lowered Impinj from a “sell (d)” rating to a “sell (e+)” rating in a report on Monday, May 4th. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $175.00.

About Impinj

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).