Insider Selling: Impinj (NASDAQ:PI) Insider Sells 2,494 Shares of Stock

Impinj, Inc. (NASDAQ:PI) insider Sylebra Capital Llc sold 2,494 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $160.72, for a total value of $400,835.68. Following the completion of the sale, the insider owned 1,497,343 shares in the company, valued at $240,652,966.96. This represents a 0.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Sylebra Capital Llc also recently made the following trade(s):

• On Wednesday, December 10th, Sylebra Capital Llc sold 84,604 shares of Impinj stock. The stock was sold at an average price of $155.49, for a total value of $13,155,075.96.
• On Tuesday, December 9th, Sylebra Capital Llc sold 40 shares of Impinj stock. The shares were sold at an average price of $160.01, for a total value of $6,400.40.
• On Friday, December 5th, Sylebra Capital Llc sold 1,373 shares of Impinj stock. The shares were sold at an average price of $161.04, for a total transaction of $221,107.92.
• On Thursday, December 4th, Sylebra Capital Llc sold 3,167 shares of Impinj stock. The stock was sold at an average price of $160.59, for a total transaction of $508,588.53.
• On Wednesday, December 3rd, Sylebra Capital Llc sold 41,221 shares of Impinj stock. The stock was sold at an average price of $167.97, for a total value of $6,923,891.37.
• On Tuesday, December 2nd, Sylebra Capital Llc sold 41,874 shares of Impinj stock. The stock was sold at an average price of $168.23, for a total value of $7,044,463.02.
• On Monday, December 1st, Sylebra Capital Llc sold 31,058 shares of Impinj stock. The shares were sold at an average price of $167.02, for a total value of $5,187,307.16.
• On Friday, November 28th, Sylebra Capital Llc sold 22,297 shares of Impinj stock. The stock was sold at an average price of $172.62, for a total value of $3,848,908.14.
• On Wednesday, November 26th, Sylebra Capital Llc sold 34,556 shares of Impinj stock. The stock was sold at an average price of $171.80, for a total value of $5,936,720.80.
• On Tuesday, November 25th, Sylebra Capital Llc sold 46,110 shares of Impinj stock. The shares were sold at an average price of $167.73, for a total transaction of $7,734,030.30.

Impinj Stock Performance

NASDAQ:PI traded down $1.41 during mid-day trading on Wednesday, reaching $155.06. 491,340 shares of the company’s stock were exchanged, compared to its average volume of 528,889. Impinj, Inc. has a one year low of $60.85 and a one year high of $247.06. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.97 and a current ratio of 2.67. The business’s fifty day simple moving average is $181.15 and its two-hundred day simple moving average is $157.48. The firm has a market capitalization of $4.67 billion, a PE ratio of -352.40 and a beta of 1.50.

Impinj (NASDAQ:PI) last announced its earnings results on Wednesday, October 29th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.08. Impinj had a negative net margin of 3.45% and a positive return on equity of 8.15%. The firm had revenue of $96.06 million for the quarter, compared to analyst estimates of $92.71 million. During the same quarter in the prior year, the business posted $0.56 EPS. The business’s revenue was up .9% compared to the same quarter last year. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. Analysts anticipate that Impinj, Inc. will post -0.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

PI has been the topic of a number of recent research reports. Cantor Fitzgerald raised their price objective on Impinj from $217.00 to $246.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. Roth Capital restated a “buy” rating and issued a $235.00 price target on shares of Impinj in a research report on Thursday, October 30th. Zacks Research raised shares of Impinj from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Weiss Ratings reissued a “sell (d)” rating on shares of Impinj in a report on Wednesday, October 8th. Finally, Susquehanna set a $255.00 target price on shares of Impinj in a research report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Impinj has a consensus rating of “Moderate Buy” and an average price target of $226.33.

Institutional Investors Weigh In On Impinj

A number of institutional investors and hedge funds have recently made changes to their positions in PI. CoreCap Advisors LLC bought a new stake in Impinj during the third quarter valued at $27,000. Hantz Financial Services Inc. raised its holdings in shares of Impinj by 90.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock valued at $29,000 after acquiring an additional 75 shares in the last quarter. Bessemer Group Inc. boosted its position 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. Salomon & Ludwin LLC purchased a new position in shares of Impinj during the third quarter worth about $31,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of Impinj in the second quarter worth approximately $28,000.

Impinj Company Profile

Impinj, Inc operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects items and delivers data about the connected items to business and consumer applications. The company’s platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item.