Impinj, Inc. $PI Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. lowered its holdings in Impinj, Inc. (NASDAQ:PI) by 4.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,380,067 shares of the company’s stock after selling 139,282 shares during the period. Vanguard Group Inc. owned about 11.23% of Impinj worth $610,947,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Advisors Asset Management Inc. boosted its holdings in shares of Impinj by 39.9% in the first quarter. Advisors Asset Management Inc. now owns 491 shares of the company’s stock worth $45,000 after buying an additional 140 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Impinj by 10.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 279,209 shares of the company’s stock valued at $25,324,000 after acquiring an additional 26,388 shares in the last quarter. Focus Partners Wealth acquired a new position in Impinj in the 1st quarter worth approximately $223,000. Intech Investment Management LLC grew 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 purchasing an additional 3,812 shares in the last quarter. Finally, AlphaQuest LLC raised its stake in Impinj by 16.0% during the 2nd quarter. AlphaQuest LLC now owns 1,786 shares of the company’s stock valued at $198,000 after purchasing an additional 247 shares during the period.

Insider Buying and Selling at Impinj

In related news, insider Sylebra Capital Llc sold 134,629 shares of the 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 completion of the sale, the insider owned 1,132,152 shares in the company, valued at $170,230,374.72. This represents a 10.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders sold 508,675 shares of company stock worth $79,529,798. 51.00% of the stock is currently owned by insiders.

Impinj Stock Performance

PI opened at $122.80 on Wednesday. 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 company has a market cap of $3.71 billion, a PE ratio of -314.86 and a beta of 1.56. The stock has a 50-day moving average of $157.79 and a 200-day moving average of $172.16. Impinj, Inc. has a 52-week low of $60.85 and a 52-week high of $247.06.

Impinj (NASDAQ:PI) last announced its earnings results on Thursday, February 5th. The company reported $0.50 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.50. The firm had revenue of $92.85 million during the quarter, compared to analysts’ expectations of $91.87 million. Impinj had a positive return on equity of 8.49% and a negative net margin of 3.00%.The company’s revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.48 earnings per share. Impinj has set its Q1 2026 guidance at 0.080-0.130 EPS. As a group, equities research analysts forecast that Impinj, Inc. will post -0.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Impinj in a research report on Thursday, January 22nd. Wall Street Zen cut Impinj from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Needham & Company LLC reduced their price target on shares of Impinj from $255.00 to $175.00 and set a “buy” rating for the company in a research report on Friday, February 6th. UBS Group set a $155.00 price objective on shares of Impinj in a research report on Friday, February 6th. Finally, Cantor Fitzgerald cut their target price on shares of Impinj from $246.00 to $170.00 and set an “overweight” rating for the company in a research report on Friday, February 6th. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $173.38.

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).