Impinj, Inc. $PI Shares Acquired by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Impinj, Inc. (NASDAQ:PI) by 8.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,027 shares of the company’s stock after acquiring an additional 495 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Impinj were worth $669,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd purchased a new stake in Impinj in the second quarter valued at $28,000. Banque Transatlantique SA purchased a new position in shares of Impinj during the 1st quarter valued at about $29,000. Harbour Investments Inc. acquired a new position in shares of Impinj in the 2nd quarter valued at about $33,000. Quaker Wealth Management LLC boosted its stake in shares of Impinj by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 300 shares of the company’s stock worth $33,000 after buying an additional 600 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new stake in Impinj during the first quarter worth about $43,000.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on PI shares. Roth Capital reissued a “buy” rating and issued a $235.00 price target on shares of Impinj in a report on Thursday, October 30th. UBS Group initiated coverage on shares of Impinj in a report on Friday, November 7th. They set a “neutral” rating and a $200.00 price target on the stock. Susquehanna set a $255.00 price target on shares of Impinj in a research report on Thursday, October 30th. Zacks Research upgraded shares of Impinj from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Finally, Evercore ISI raised their target price on Impinj from $236.00 to $273.00 and gave the company an “outperform” rating in a research report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $226.33.

Insider Buying and Selling

In other news, insider Sylebra Capital Llc sold 300,000 shares of the firm’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 transaction, the insider owned 1,829,260 shares in the company, valued at $358,973,982.40. This trade represents a 14.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Chris Ph.D. Diorio sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $192.30, for a total value of $961,500.00. Following the sale, the chief executive officer owned 341,109 shares of the company’s stock, valued at $65,595,260.70. The trade was a 1.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 400,253 shares of company stock valued at $75,702,649 in the last three months. Insiders own 12.40% of the company’s stock.

Impinj Stock Performance

PI opened at $157.44 on Tuesday. The firm’s fifty day simple moving average is $186.41 and its two-hundred day simple moving average is $153.88. Impinj, Inc. has a 52-week low of $60.85 and a 52-week high of $247.06. The company has a market cap of $4.74 billion, a price-to-earnings ratio of -357.81 and a beta of 1.83. 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 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. The business had revenue of $96.06 million during the quarter, compared to analysts’ expectations of $92.71 million. Impinj had a negative net margin of 3.45% and a positive return on equity of 8.50%. The company’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.56 earnings per share. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. Equities analysts anticipate that Impinj, Inc. will post -0.47 earnings per share for the current fiscal year.

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.