Principal Financial Group Inc. Has $22.63 Million Position in Impinj, Inc. $PI

Principal Financial Group Inc. lifted its stake in shares of Impinj, Inc. (NASDAQ:PI) by 7.3% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 125,196 shares of the company’s stock after buying an additional 8,553 shares during the quarter. Principal Financial Group Inc. owned about 0.42% of Impinj worth $22,629,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Advisors Asset Management Inc. lifted its position in Impinj by 39.9% during the first quarter. Advisors Asset Management Inc. now owns 491 shares of the company’s stock worth $45,000 after acquiring an additional 140 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Impinj by 10.4% in the first quarter. Goldman Sachs Group Inc. now owns 279,209 shares of the company’s stock valued at $25,324,000 after purchasing an additional 26,388 shares during the last quarter. Focus Partners Wealth bought a new position in shares of Impinj during the first quarter worth approximately $223,000. Intech Investment Management LLC lifted its holdings in Impinj by 29.6% during the 1st quarter. Intech Investment Management LLC now owns 16,708 shares of the company’s stock worth $1,515,000 after purchasing an additional 3,812 shares during the last quarter. Finally, Truist Financial Corp boosted its stake in Impinj by 71.1% in the 2nd quarter. Truist Financial Corp now owns 9,065 shares of the company’s stock valued at $1,007,000 after purchasing an additional 3,768 shares during the period.

Key Headlines Impacting Impinj

Here are the key news stories impacting Impinj this week:

• Positive Sentiment: Q4 results were roughly in line: GAAP EPS of $0.50 matched consensus and revenue of ~$92.9M slightly beat estimates — evidence the core business remains profitable and growing modestly. Impinj Reports Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Analysts still see upside despite cuts: Needham kept a buy rating (PT lowered to $175) and Piper Sandler maintained a mixed rating (PT lowered to $180), indicating some investors/analysts view the pullback as a buying opportunity. Needham price target note
• Neutral Sentiment: Longer‑term demand drivers remain: analysts and company commentary point to ongoing retail RFID mandates and secular adoption that support multi‑year growth, but these are balanced by short‑term execution risks. Retail mandates fuel RFID push
• Negative Sentiment: Q1 2026 revenue guidance came in at $71M–$74M versus Street estimates near $89.7M — a big short‑term miss that is the primary driver of the selloff. Impinj outlines Q1 2026 revenue target
• Negative Sentiment: Management flagged an inventory transition and the rollout of custom chips that will depress near‑term shipments and cash flow (inventory “burn” and muted guidance highlighted in analyst/deep‑dive pieces). PI Q4 Deep Dive: Inventory Burn, Custom Chips, and Muted Guidance
• Negative Sentiment: Immediate market reaction was severe: multiple outlets report a sharp intraday drop and elevated volume as investors reprice the company around the weaker near‑term outlook; several firms cut price targets. Impinj Stock Falls on 4Q Earnings Miss

Wall Street Analyst Weigh In

Several research firms have weighed in on PI. Cantor Fitzgerald lowered their price objective on Impinj from $246.00 to $170.00 and set an “overweight” rating on the stock in a research report on Friday. Roth Mkm set a $220.00 price objective on shares of Impinj in a research note on Friday. Wall Street Zen downgraded shares of Impinj from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Needham & Company LLC lowered their target price on shares of Impinj from $255.00 to $175.00 and set a “buy” rating on the stock in a report on Friday. Finally, Susquehanna reiterated a “positive” rating and issued a $200.00 price target on shares of Impinj in a research report on Friday. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $166.56.

Insider Buying and Selling at Impinj

In related news, insider Sylebra Capital Llc sold 134,629 shares of Impinj 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 sale, the insider directly owned 1,132,152 shares of the company’s stock, valued at approximately $170,230,374.72. The trade was a 10.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last 90 days, insiders have sold 666,192 shares of company stock valued at $105,288,457. Company insiders own 12.40% of the company’s stock.

Impinj Stock Down 24.6%

Shares of PI opened at $116.04 on Friday. The firm has a 50 day simple moving average of $167.15 and a two-hundred day simple moving average of $173.87. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.67 and a quick ratio of 1.97. Impinj, Inc. has a one year low of $60.85 and a one year high of $247.06. The company has a market cap of $3.49 billion, a P/E ratio of -297.53 and a beta of 1.56.

Impinj (NASDAQ:PI) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.50 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.50. Impinj had a positive return on equity of 8.82% and a negative net margin of 3.00%.The company had revenue of $92.85 million for the quarter, compared to analyst estimates of $91.87 million. During the same quarter last year, the company posted $0.48 EPS. The company’s revenue for the quarter was up 1.4% compared to the same quarter last year. Impinj has set its Q1 2026 guidance at 0.080-0.130 EPS. Research analysts forecast that Impinj, Inc. will post -0.47 EPS for the current fiscal year.

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).