Impinj, Inc. (NASDAQ:PI – Free Report) – Equities researchers at Cantor Fitzgerald boosted their FY2025 earnings per share estimates for Impinj in a research note issued to investors on Monday, October 6th. Cantor Fitzgerald analyst T. Jensen now anticipates that the company will post earnings per share of $0.16 for the year, up from their previous estimate of $0.05. Cantor Fitzgerald currently has a “Overweight” rating and a $217.00 target price on the stock. The consensus estimate for Impinj’s current full-year earnings is ($0.47) per share. Cantor Fitzgerald also issued estimates for Impinj’s FY2026 earnings at $0.93 EPS.
Impinj (NASDAQ:PI – Get Free Report) last announced 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. Impinj had a return on equity of 8.14% and a net margin of 0.18%.The firm had revenue of $97.89 million for the quarter, compared to analyst estimates of $93.78 million. During the same quarter last year, the firm posted $0.83 earnings per share. The business’s revenue for the quarter was down 4.5% on a year-over-year basis. Impinj has set its Q3 2025 guidance at 0.470-0.510 EPS.
View Our Latest Analysis on PI
Impinj Price Performance
PI opened at $212.45 on Wednesday. The business’s 50-day moving average is $179.27 and its two-hundred day moving average is $128.82. Impinj has a 1 year low of $60.85 and a 1 year high of $239.88. The company has a debt-to-equity ratio of 1.51, a current ratio of 11.64 and a quick ratio of 8.44. The firm has a market capitalization of $6.18 billion, a PE ratio of 21,266.27 and a beta of 1.83.
Insider Transactions at Impinj
In other news, CEO Chris Ph.D. Diorio sold 4,096 shares of the business’s stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $187.63, for a total transaction of $768,532.48. Following the sale, the chief executive officer owned 297,013 shares in the company, valued at approximately $55,728,549.19. The trade was a 1.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Sylebra Capital Llc sold 300,000 shares of the business’s stock in a transaction dated 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 owned 1,829,260 shares in the company, 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. Insiders have sold 324,096 shares of company stock worth $63,353,832 in the last 90 days. Insiders own 12.40% of the company’s stock.
Institutional Investors Weigh In On Impinj
Institutional investors and hedge funds have recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Impinj by 7.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 8,169 shares of the company’s stock worth $741,000 after purchasing an additional 535 shares during the period. KBC Group NV lifted its holdings in Impinj by 35.0% in the first quarter. KBC Group NV now owns 1,227 shares of the company’s stock valued at $111,000 after acquiring an additional 318 shares during the period. GAMMA Investing LLC lifted its holdings in Impinj by 68.7% in the first quarter. GAMMA Investing LLC now owns 722 shares of the company’s stock valued at $65,000 after acquiring an additional 294 shares during the period. Oppenheimer Asset Management Inc. lifted its holdings in Impinj by 46.3% in the first quarter. Oppenheimer Asset Management Inc. now owns 3,083 shares of the company’s stock valued at $280,000 after acquiring an additional 975 shares during the period. Finally, CWM LLC lifted its holdings in 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 acquiring an additional 185 shares during the period.
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.
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