Charles Schwab Investment Management Inc. Purchases 1,085 Shares of Impinj, Inc. $PI

Charles Schwab Investment Management Inc. lifted its position in shares of Impinj, Inc. (NASDAQ:PI) by 0.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 214,483 shares of the company’s stock after purchasing an additional 1,085 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.74% of Impinj worth $19,454,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Mercer Global Advisors Inc. ADV raised its holdings in shares of Impinj by 6.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 1,641 shares of the company’s stock worth $238,000 after acquiring an additional 106 shares during the last quarter. Versant Capital Management Inc increased its holdings in Impinj by 7.2% during the 1st quarter. Versant Capital Management Inc now owns 2,237 shares of the company’s stock worth $203,000 after purchasing an additional 150 shares in the last quarter. SBI Securities Co. Ltd. raised its stake in shares of Impinj by 75.3% in the first quarter. SBI Securities Co. Ltd. now owns 398 shares of the company’s stock worth $36,000 after purchasing an additional 171 shares during the last quarter. CWM LLC lifted its holdings in shares of Impinj by 3.3% in the first quarter. CWM LLC now owns 5,818 shares of the company’s stock valued at $528,000 after purchasing an additional 185 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Impinj during the fourth quarter valued at approximately $29,000.

Impinj Trading Up 2.1%

NASDAQ:PI opened at $168.21 on Friday. Impinj, Inc. has a 12 month low of $60.85 and a 12 month high of $239.88. The company has a current ratio of 11.64, a quick ratio of 8.44 and a debt-to-equity ratio of 1.51. The firm’s 50 day moving average is $128.90 and its 200 day moving average is $108.03. The stock has a market capitalization of $4.89 billion, a PE ratio of 16,837.84 and a beta of 1.74.

Impinj (NASDAQ:PI) last released its earnings results on Wednesday, July 30th. The company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.08. The business had revenue of $97.89 million during the quarter, compared to the consensus estimate of $93.78 million. Impinj had a return on equity of 8.14% and a net margin of 0.18%.The business’s revenue for the quarter was down 4.5% on a year-over-year basis. During the same period last year, the business posted $0.83 earnings per share. Impinj has set its Q3 2025 guidance at 0.470-0.510 EPS. Sell-side analysts expect that Impinj, Inc. will post -0.47 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on PI. Needham & Company LLC increased their price target on Impinj from $115.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Evercore ISI increased their target price on shares of Impinj from $99.00 to $117.00 and gave the company an “outperform” rating in a report on Thursday, April 24th. Cantor Fitzgerald boosted their price target on shares of Impinj from $133.00 to $158.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Piper Sandler increased their price objective on shares of Impinj from $140.00 to $180.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Finally, Susquehanna boosted their target price on Impinj from $130.00 to $140.00 and gave the stock a “positive” rating in a research note on Tuesday, July 22nd. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Impinj has a consensus rating of “Moderate Buy” and an average price target of $163.29.

Impinj 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.