Generali Investments Towarzystwo Funduszy Inwestycyjnych Lowers Holdings in Impinj, Inc. $PI

Generali Investments Towarzystwo Funduszy Inwestycyjnych reduced its position in shares of Impinj, Inc. (NASDAQ:PI) by 25.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,000 shares of the company’s stock after selling 3,500 shares during the period. Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings in Impinj were worth $1,808,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. CoreCap Advisors LLC bought a new stake in Impinj during the third quarter valued at $27,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Impinj in the 2nd quarter valued at about $28,000. Salomon & Ludwin LLC bought a new stake in shares of Impinj during the 3rd quarter valued at about $31,000. Harbour Investments Inc. bought a new stake in shares of Impinj during the 2nd quarter valued at about $33,000. Finally, Quaker Wealth Management LLC grew its holdings in shares of Impinj by 200.0% during the second quarter. Quaker Wealth Management LLC now owns 300 shares of the company’s stock worth $33,000 after purchasing an additional 600 shares in the last quarter.

Impinj Trading Up 1.7%

Shares of PI opened at $162.50 on Tuesday. Impinj, Inc. has a fifty-two week low of $60.85 and a fifty-two week high of $247.06. The firm has a market cap of $4.89 billion, a price-to-earnings ratio of -369.31 and a beta of 1.52. The firm has a 50 day moving average price of $169.12 and a 200-day moving average price of $172.12. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.97 and a current ratio of 2.67.

Impinj (NASDAQ:PI) last issued 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 8.15%. The company had revenue of $96.06 million for the quarter, compared to analysts’ expectations of $92.71 million. During the same quarter last year, the company earned $0.56 EPS. The firm’s revenue was up .9% compared to the same quarter last year. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. As a group, equities research analysts forecast that Impinj, Inc. will post -0.47 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Sylebra Capital Llc sold 134,629 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $150.36, for a total transaction of $20,242,816.44. Following the transaction, the insider directly owned 1,132,152 shares in the company, valued at $170,230,374.72. This trade represents a 10.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last three months, insiders sold 697,450 shares of company stock worth $110,643,153. Corporate insiders own 51.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on PI. Needham & Company LLC reaffirmed a “buy” rating and issued a $255.00 target price on shares of Impinj in a research note on Friday, January 16th. Zacks Research cut shares of Impinj from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. UBS Group dropped their price objective on shares of Impinj from $200.00 to $190.00 and set a “neutral” rating for the company in a report on Monday. Cantor Fitzgerald upped their target price on shares of Impinj from $217.00 to $246.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Finally, Evercore ISI raised their price target on Impinj from $236.00 to $273.00 and gave the company an “outperform” rating in a research report on Thursday, October 30th. Seven research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Impinj presently has a consensus rating of “Moderate Buy” and a consensus target price of $225.22.

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).