Capital Fund Management S.A. Increases Stock Holdings in Impinj, Inc. $PI

Capital Fund Management S.A. boosted its holdings in Impinj, Inc. (NASDAQ:PI) by 1.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 87,265 shares of the company’s stock after purchasing an additional 1,255 shares during the quarter. Capital Fund Management S.A. owned approximately 0.30% of Impinj worth $9,693,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. State Board of Administration of Florida Retirement System increased its stake in shares of Impinj by 73.2% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 7,870 shares of the company’s stock valued at $874,000 after acquiring an additional 3,326 shares during the last quarter. DLD Asset Management LP acquired a new stake in shares of Impinj in the second quarter worth approximately $1,332,840,000. Elevation Point Wealth Partners LLC purchased a new stake in Impinj in the second quarter valued at approximately $255,000. Advisors Asset Management Inc. increased its position in Impinj by 17.9% during the second quarter. Advisors Asset Management Inc. now owns 579 shares of the company’s stock worth $64,000 after purchasing an additional 88 shares during the last quarter. Finally, Ameritas Investment Partners Inc. raised its stake in Impinj by 14.2% during the second quarter. Ameritas Investment Partners Inc. now owns 2,652 shares of the company’s stock worth $295,000 after purchasing an additional 329 shares during the period.

Analysts Set New Price Targets

PI has been the subject of several research reports. Weiss Ratings reissued a “sell (d)” rating on shares of Impinj in a research note on Wednesday, October 8th. Barclays lifted their target price on Impinj from $200.00 to $211.00 and gave the company an “overweight” rating in a report on Wednesday, November 5th. Needham & Company LLC upped their price target on Impinj from $195.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Piper Sandler lifted their price objective on Impinj from $180.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. Finally, Zacks Research upgraded Impinj from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 7th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $226.33.

Impinj Trading Down 0.6%

NASDAQ:PI opened at $171.73 on Friday. The business’s 50-day moving average is $184.61 and its two-hundred day moving average is $155.24. The firm has a market capitalization of $5.17 billion, a PE ratio of -390.28 and a beta of 1.83. Impinj, Inc. has a 12 month low of $60.85 and a 12 month high of $247.06. The company has a debt-to-equity ratio of 1.51, a current ratio of 11.64 and a quick ratio of 8.44.

Impinj (NASDAQ:PI) last issued its earnings results on Wednesday, October 29th. The company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.08. The company had revenue of $96.06 million during the quarter, compared to the consensus estimate of $92.71 million. Impinj had a positive return on equity of 8.50% and a negative net margin of 3.45%.The company’s revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.56 earnings per share. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. Research analysts predict that Impinj, Inc. will post -0.47 earnings per share for the current fiscal year.

Insider Activity at Impinj

In related news, insider Sylebra Capital Llc sold 46,110 shares of the firm’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $167.73, for a total transaction of $7,734,030.30. Following the completion of the sale, the insider directly owned 1,675,383 shares of the company’s stock, valued at approximately $281,011,990.59. This trade represents a 2.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Miron Washington sold 342 shares of Impinj stock in a transaction on Friday, November 7th. The stock was sold at an average price of $158.94, for a total transaction of $54,357.48. Following the sale, the director directly owned 2,040 shares in the company, valued at $324,237.60. This trade represents a 14.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 473,315 shares of company stock valued at $87,591,517 in the last ninety days. 12.40% of the stock is owned by corporate insiders.

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.