Impinj, Inc. $PI Stock Position Increased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC boosted its position in Impinj, Inc. (NASDAQ:PI) by 245.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,026 shares of the company’s stock after purchasing an additional 729 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Impinj were worth $114,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of PI. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Impinj by 304.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 972,260 shares of the company’s stock valued at $88,184,000 after purchasing an additional 731,817 shares during the last quarter. Ameriprise Financial Inc. lifted its position in Impinj by 52.7% in the 1st quarter. Ameriprise Financial Inc. now owns 622,183 shares of the company’s stock valued at $56,431,000 after purchasing an additional 214,792 shares during the last quarter. Duquesne Family Office LLC bought a new stake in Impinj in the 1st quarter valued at about $9,839,000. Nuveen LLC bought a new stake in Impinj in the 1st quarter valued at about $7,995,000. Finally, Capital Fund Management S.A. lifted its position in Impinj by 593.7% in the 1st quarter. Capital Fund Management S.A. now owns 86,010 shares of the company’s stock valued at $7,801,000 after purchasing an additional 73,612 shares during the last quarter.

Insider Buying and Selling

In other news, CEO Chris Ph.D. Diorio sold 4,096 shares of the business’s stock in a transaction that occurred on Tuesday, September 16th. The shares were 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 $55,728,549.19. The trade was a 1.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Sylebra Capital Llc sold 300,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $196.24, for a total transaction of $58,872,000.00. Following the sale, the insider owned 1,829,260 shares in the company, valued at $358,973,982.40. This represents a 14.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 324,096 shares of company stock worth $63,353,832 over the last quarter. Insiders own 12.40% of the company’s stock.

Impinj Stock Down 6.5%

NASDAQ PI opened at $175.55 on Wednesday. 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 company’s 50 day simple moving average is $196.12 and its 200 day simple moving average is $147.50. Impinj, Inc. has a 12 month low of $60.85 and a 12 month high of $247.06. The company has a market capitalization of $5.29 billion, a P/E ratio of -398.97 and a beta of 1.83.

Impinj (NASDAQ:PI) last released its earnings results on Wednesday, October 29th. The company reported $0.58 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 8.50%. The business had revenue of $96.06 million for the quarter, compared to the consensus estimate of $92.71 million. During the same period in the previous year, the firm earned $0.56 EPS. The business’s revenue for the quarter was up .9% on a year-over-year basis. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. Equities research analysts expect that Impinj, Inc. will post -0.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have commented on PI shares. Zacks Research upgraded shares of Impinj from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Barclays started coverage on shares of Impinj in a research report on Tuesday, October 7th. They set an “overweight” rating and a $200.00 price target on the stock. Piper Sandler boosted their price target on shares of Impinj from $180.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. Wall Street Zen upgraded shares of Impinj from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Susquehanna set a $255.00 price target on shares of Impinj in a research report on Thursday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Impinj currently has a consensus rating of “Moderate Buy” and a consensus target price of $228.25.

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.