Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Impinj, Inc. (NASDAQ:PI – Free Report) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 46,080 shares of the company’s stock, valued at approximately $8,329,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.16% of Impinj as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently modified their holdings of PI. CoreCap Advisors LLC bought a new stake in shares of Impinj during the 3rd quarter worth $27,000. Caitong International Asset Management Co. Ltd acquired a new position in Impinj during the second quarter worth about $28,000. Salomon & Ludwin LLC bought a new position in shares of Impinj in the third quarter worth about $31,000. Harbour Investments Inc. acquired a new stake in shares of Impinj in the 2nd quarter valued at approximately $33,000. Finally, Quaker Wealth Management LLC boosted its stake in shares of Impinj by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 300 shares of the company’s stock valued at $33,000 after purchasing an additional 600 shares in the last quarter.
Insiders Place Their Bets
In other Impinj news, insider Sylebra Capital Llc sold 134,629 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $150.36, for a total transaction of $20,242,816.44. Following the completion of the transaction, the insider owned 1,132,152 shares in the company, valued at approximately $170,230,374.72. This trade represents a 10.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last three months, insiders have sold 697,450 shares of company stock worth $110,643,153. Corporate insiders own 51.00% of the company’s stock.
Impinj Stock Down 0.7%
Impinj (NASDAQ:PI – Get Free Report) last released its quarterly earnings results on Wednesday, October 29th. The company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.08. Impinj had a positive return on equity of 8.15% and a negative net margin of 3.45%.The firm had revenue of $96.06 million for the quarter, compared to analyst estimates of $92.71 million. During the same quarter in the previous year, the company posted $0.56 EPS. The business’s revenue was up .9% on a year-over-year basis. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. Analysts predict that Impinj, Inc. will post -0.47 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several brokerages recently commented on PI. Susquehanna set a $255.00 price objective on shares of Impinj in a research note on Thursday, October 30th. Cantor Fitzgerald increased their price target on Impinj from $217.00 to $246.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Roth Mkm restated a “buy” rating and set a $235.00 price objective on shares of Impinj in a research report on Thursday, October 30th. Barclays upped their target price on Impinj from $200.00 to $211.00 and gave the stock an “overweight” rating in a report on Wednesday, November 5th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Impinj in a research note on Thursday. Seven equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $226.33.
Get Our Latest Analysis on Impinj
Impinj Profile
Impinj, Inc, headquartered in Seattle, Washington, develops Radio Frequency Identification (RFID) solutions designed to connect everyday items to the internet. Founded in 2000, the company pioneered RAIN RFID technology with a focus on transforming supply chain and inventory processes across retail, healthcare, airport baggage handling and manufacturing. Impinj’s platform comprises RAIN RFID tag chips, fixed and handheld RFID readers, gateways, antennas and connectivity modules that enable real-time visibility of tagged items.
Impinj’s product portfolio is built around its core RAIN RFID ecosystem, offering tag chips for high-volume production (Monza series), reader chips for integration into third-party devices and complete reader and gateway systems (Speedway series and xArray).
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