Impinj, Inc. $PI Shares Sold by Nordea Investment Management AB

Nordea Investment Management AB lessened its position in shares of Impinj, Inc. (NASDAQ:PI) by 12.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 39,116 shares of the company’s stock after selling 5,646 shares during the quarter. Nordea Investment Management AB’s holdings in Impinj were worth $6,655,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Advisors Asset Management Inc. lifted its holdings in shares of 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 purchasing an additional 140 shares during the period. Goldman Sachs Group Inc. boosted its position in 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 buying an additional 26,388 shares during the last quarter. Focus Partners Wealth acquired a new position in Impinj in the 1st quarter worth approximately $223,000. Intech Investment Management LLC raised its position 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 buying an additional 3,812 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in Impinj by 410.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,969 shares of the company’s stock worth $219,000 after buying an additional 1,583 shares during the last quarter.

Impinj Price Performance

Shares of NASDAQ PI opened at $101.78 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.01 and a current ratio of 2.68. The firm has a fifty day moving average of $123.65 and a 200 day moving average of $161.22. The firm has a market cap of $3.08 billion, a PE ratio of -260.97 and a beta of 1.56. Impinj, Inc. has a one year low of $60.85 and a one year high of $247.06.

Impinj (NASDAQ:PI) last posted its quarterly earnings data 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 negative net margin of 3.00% and a positive return on equity of 8.49%. The business had revenue of $92.85 million for the quarter, compared to the consensus estimate of $91.87 million. During the same period last year, the firm posted $0.48 earnings per share. The company’s revenue was up 1.4% compared to the same quarter last year. Impinj has set its Q1 2026 guidance at 0.080-0.130 EPS. As a group, research analysts predict that Impinj, Inc. will post -0.47 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Piper Sandler reaffirmed a “mixed” rating and issued a $180.00 price objective (down from $230.00) on shares of Impinj in a report on Friday, February 6th. Evercore restated an “in-line” rating and set a $112.00 target price (down from $273.00) on shares of Impinj in a research report on Friday, February 6th. Zacks Research lowered shares of Impinj from a “hold” rating to a “strong sell” rating in a report on Monday, February 9th. Cantor Fitzgerald cut their price target on Impinj from $246.00 to $170.00 and set an “overweight” rating on the stock in a research report on Friday, February 6th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Impinj in a report on Thursday, January 22nd. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $167.63.

Impinj Company 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).