Impinj, Inc. $PI Shares Purchased by GAMMA Investing LLC

GAMMA Investing LLC grew its stake in shares of Impinj, Inc. (NASDAQ:PI) by 124.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,622 shares of the company’s stock after buying an additional 900 shares during the quarter. GAMMA Investing LLC’s holdings in Impinj were worth $180,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Banque Transatlantique SA bought a new stake in Impinj during the first quarter worth approximately $29,000. SBI Securities Co. Ltd. increased its position in shares of Impinj by 75.3% during the 1st quarter. SBI Securities Co. Ltd. now owns 398 shares of the company’s stock valued at $36,000 after purchasing an additional 171 shares during the period. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of Impinj in the 1st quarter worth $43,000. Advisors Asset Management Inc. lifted its holdings in shares of Impinj by 39.9% in the first quarter. Advisors Asset Management Inc. now owns 491 shares of the company’s stock valued at $45,000 after buying an additional 140 shares during the period. Finally, KBC Group NV boosted its stake in Impinj by 35.0% during the first quarter. KBC Group NV now owns 1,227 shares of the company’s stock valued at $111,000 after buying an additional 318 shares in the last quarter.

Insider Activity at Impinj

In related news, CEO Chris Ph.D. Diorio sold 5,000 shares of Impinj stock in a transaction on 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 sale, the chief executive officer owned 341,109 shares of the company’s stock, valued at approximately $65,595,260.70. The trade was a 1.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Sylebra Capital Llc sold 300,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $196.24, for a total value of $58,872,000.00. Following the sale, the insider directly owned 1,829,260 shares of the company’s stock, valued at $358,973,982.40. The trade was a 14.09% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 324,096 shares of company stock worth $63,353,832. Insiders own 51.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on PI. 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 research report on Thursday, July 31st. Piper Sandler boosted their target price on shares of Impinj from $140.00 to $180.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Needham & Company LLC restated a “buy” rating and set a $195.00 target price on shares of Impinj in a report on Monday, September 15th. Finally, Susquehanna lifted their price target on shares of Impinj from $130.00 to $140.00 and gave the stock a “positive” rating in a research report on Tuesday, July 22nd. Six research 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 presently has an average rating of “Moderate Buy” and a consensus price target of $167.57.

Impinj Stock Down 1.7%

PI stock opened at $175.45 on Monday. The company has a 50 day moving average of $168.39 and a two-hundred day moving average of $123.92. The company has a market cap of $5.10 billion, a price-to-earnings ratio of 17,562.56 and a beta of 1.81. Impinj, Inc. has a 12-month low of $60.85 and a 12-month high of $239.88. The company has a quick ratio of 8.44, a current ratio of 11.64 and a debt-to-equity ratio of 1.51.

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

About Impinj

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.