EP Wealth Advisors LLC Grows Position in Impinj, Inc. $PI

EP Wealth Advisors LLC boosted its position in shares of Impinj, Inc. (NASDAQ:PI) by 40.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,287 shares of the company’s stock after buying an additional 664 shares during the period. EP Wealth Advisors LLC’s holdings in Impinj were worth $207,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of PI. Sylebra Capital LLC grew its position in shares of Impinj by 8.6% during the fourth quarter. Sylebra Capital LLC now owns 3,472,116 shares of the company’s stock worth $504,360,000 after acquiring an additional 274,764 shares during the last quarter. Ameriprise Financial Inc. grew its position in Impinj by 52.7% during the 1st quarter. Ameriprise Financial Inc. now owns 622,183 shares of the company’s stock worth $56,431,000 after purchasing an additional 214,792 shares during the last quarter. Janus Henderson Group PLC increased its stake in Impinj by 3,824.4% in the fourth quarter. Janus Henderson Group PLC now owns 435,960 shares of the company’s stock valued at $63,310,000 after purchasing an additional 424,851 shares during the period. Squarepoint Ops LLC increased its stake in Impinj by 32.9% in the fourth quarter. Squarepoint Ops LLC now owns 310,743 shares of the company’s stock valued at $45,139,000 after purchasing an additional 76,886 shares during the period. Finally, Jennison Associates LLC raised its holdings in shares of Impinj by 14.5% in the first quarter. Jennison Associates LLC now owns 253,897 shares of the company’s stock valued at $23,028,000 after buying an additional 32,109 shares during the last quarter.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on PI. Needham & Company LLC boosted 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. Cantor Fitzgerald boosted their target price on Impinj from $133.00 to $158.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Susquehanna increased their price target on Impinj from $130.00 to $140.00 and gave the stock a “positive” rating in a report on Tuesday, July 22nd. Finally, Piper Sandler lifted their price objective on shares of Impinj from $140.00 to $180.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $163.29.

Insider Buying and Selling at Impinj

In other news, CEO Chris Ph.D. Diorio sold 5,000 shares of the stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $192.30, for a total value of $961,500.00. Following the completion of the transaction, the chief executive officer owned 341,109 shares in the company, valued at $65,595,260.70. This trade represents a 1.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last 90 days, insiders have sold 15,000 shares of company stock worth $2,803,650. Corporate insiders own 51.00% of the company’s stock.

Impinj Stock Performance

Shares of PI stock opened at $195.34 on Wednesday. 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 stock has a 50 day simple moving average of $149.85 and a 200-day simple moving average of $115.30. The company has a market cap of $5.68 billion, a price-to-earnings ratio of 19,553.55 and a beta of 1.81. Impinj, Inc. has a 12-month low of $60.85 and a 12-month high of $239.88.

Impinj (NASDAQ:PI) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.08. The firm had revenue of $97.89 million for 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 company’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.83 earnings per share. Impinj has set its Q3 2025 guidance at 0.470-0.510 EPS. On average, equities analysts forecast that Impinj, Inc. will post -0.47 EPS for the current year.

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.