Principal Financial Group Inc. Purchases 8,553 Shares of Impinj, Inc. $PI

Principal Financial Group Inc. lifted its position in shares of Impinj, Inc. (NASDAQ:PI) by 7.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 125,196 shares of the company’s stock after acquiring an additional 8,553 shares during the quarter. Principal Financial Group Inc.’s holdings in Impinj were worth $22,629,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of PI. DNB Asset Management AS raised its holdings in Impinj by 39.6% during the 2nd quarter. DNB Asset Management AS now owns 7,306 shares of the company’s stock worth $811,000 after purchasing an additional 2,073 shares during the last quarter. Truist Financial Corp increased its position in shares of Impinj by 71.1% during the second quarter. Truist Financial Corp now owns 9,065 shares of the company’s stock worth $1,007,000 after buying an additional 3,768 shares during the period. New York State Teachers Retirement System increased its position in shares of Impinj by 207.3% during the third quarter. New York State Teachers Retirement System now owns 16,900 shares of the company’s stock worth $3,055,000 after buying an additional 11,400 shares during the period. Granite Investment Partners LLC bought a new position in Impinj during the second quarter worth $12,160,000. Finally, Vanguard Personalized Indexing Management LLC acquired a new position in Impinj in the second quarter valued at $230,000.

Key Impinj News

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

Insider Transactions at Impinj

In other Impinj news, insider Sylebra Capital Llc sold 134,629 shares of the business’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 completion of 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 accessible through this hyperlink. In the last three months, insiders sold 666,192 shares of company stock worth $105,288,457. 12.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

PI has been the topic of a number of research analyst reports. Roth Mkm set a $220.00 price target on shares of Impinj in a research report on Friday. Evercore ISI lowered Impinj from an “outperform” rating to an “in-line” rating and set a $112.00 target price on the stock. in a research report on Friday. Susquehanna reiterated a “positive” rating and issued a $200.00 target price on shares of Impinj in a report on Friday. Evercore reissued an “in-line” rating and issued a $112.00 price target (down from $273.00) on shares of Impinj in a research note on Friday. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Impinj in a research report on Thursday, January 22nd. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $166.56.

Impinj Stock Performance

NASDAQ PI opened at $116.04 on Friday. The company has a market cap of $3.49 billion, a P/E ratio of -297.53 and a beta of 1.56. The company has a fifty day simple moving average of $167.15 and a 200 day simple moving average of $173.87. The company has a current ratio of 2.67, a quick ratio of 1.97 and a debt-to-equity ratio of 0.94. Impinj, Inc. has a 12-month low of $60.85 and a 12-month high of $247.06.

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