Impinj, Inc. (NASDAQ:PI) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Impinj, Inc. (NASDAQ:PI) have been assigned a consensus recommendation of “Moderate Buy” from the eleven analysts that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $226.3333.

Several research analysts have recently weighed in on the company. UBS Group started coverage on Impinj in a research report on Friday, November 7th. They issued a “neutral” rating and a $200.00 price objective for the company. Zacks Research upgraded Impinj from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Piper Sandler raised their target price on Impinj from $180.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. Roth Capital reissued a “buy” rating and issued a $235.00 price target on shares of Impinj in a research note on Thursday, October 30th. Finally, Cantor Fitzgerald increased their price target on Impinj from $217.00 to $246.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th.

Insider Transactions at Impinj

In other Impinj news, insider Sylebra Capital Llc sold 134,629 shares of the firm’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $150.36, for a total value of $20,242,816.44. Following the completion of the sale, the insider directly owned 1,132,152 shares in the company, valued at approximately $170,230,374.72. This trade represents a 10.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold 697,450 shares of company stock worth $110,643,153 over the last 90 days. 12.40% of the stock is owned by corporate insiders.

Institutional Trading of Impinj

Several large investors have recently made changes to their positions in PI. GAMMA Investing LLC increased its position in Impinj by 3.5% in the 3rd quarter. GAMMA Investing LLC now owns 1,679 shares of the company’s stock valued at $303,000 after buying an additional 57 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Impinj by 0.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 16,130 shares of the company’s stock valued at $3,113,000 after acquiring an additional 66 shares during the period. Amalgamated Bank grew its stake in Impinj by 1.1% in the second quarter. Amalgamated Bank now owns 6,670 shares of the company’s stock valued at $741,000 after acquiring an additional 74 shares during the period. Hantz Financial Services Inc. increased its holdings in shares of Impinj by 90.4% during the third quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock valued at $29,000 after acquiring an additional 75 shares in the last quarter. Finally, Bessemer Group Inc. raised its position in shares of Impinj by 101.2% during the third quarter. Bessemer Group Inc. now owns 167 shares of the company’s stock worth $31,000 after purchasing an additional 84 shares during the period.

Impinj Stock Down 2.1%

Shares of NASDAQ PI opened at $174.01 on Friday. The company’s 50 day moving average price is $174.04 and its 200-day moving average price is $161.78. 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 has a 52-week low of $60.85 and a 52-week high of $247.06. The company has a market capitalization of $5.24 billion, a P/E ratio of -395.47 and a beta of 1.50.

Impinj (NASDAQ:PI) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.08. The company had revenue of $96.06 million during the quarter, compared to analysts’ expectations of $92.71 million. Impinj had a negative net margin of 3.45% and a positive return on equity of 8.15%. Impinj’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.56 earnings per share. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. Equities analysts forecast that Impinj will post -0.47 earnings per share for the current year.

About Impinj

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).