American Century Companies Inc. Lowers Holdings in Impinj, Inc. $PI

American Century Companies Inc. trimmed its stake in shares of Impinj, Inc. (NASDAQ:PI) by 9.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 380,593 shares of the company’s stock after selling 37,863 shares during the period. American Century Companies Inc.’s holdings in Impinj were worth $68,793,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. CoreCap Advisors LLC acquired a new stake in shares of Impinj during the 3rd quarter worth approximately $27,000. Hantz Financial Services Inc. grew its position in 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 buying an additional 75 shares during the period. Bessemer Group Inc. increased its holdings in Impinj by 101.2% in the third quarter. Bessemer Group Inc. now owns 167 shares of the company’s stock valued at $31,000 after buying an additional 84 shares in the last quarter. Salomon & Ludwin LLC purchased a new position in Impinj in the third quarter valued at $31,000. Finally, Rothschild Investment LLC raised its position in shares of Impinj by 572.5% in the third quarter. Rothschild Investment LLC now owns 269 shares of the company’s stock worth $49,000 after acquiring an additional 229 shares during the period.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on PI. Piper Sandler restated a “mixed” rating and set a $180.00 target price (down from $230.00) on shares of Impinj in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Impinj in a report on Thursday, January 22nd. Roth Mkm set a $220.00 price objective on Impinj in a report on Friday, February 6th. Susquehanna restated a “positive” rating and issued a $200.00 price objective on shares of Impinj in a research report on Friday, February 6th. Finally, Cantor Fitzgerald reduced their target price on Impinj from $246.00 to $170.00 and set an “overweight” rating for the company in a research note on Friday, February 6th. Five investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $173.38.

Impinj Stock Down 3.3%

NASDAQ PI opened at $112.74 on Thursday. The business has a fifty day moving average price of $151.42 and a 200 day moving average price of $170.30. 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 $3.41 billion, a P/E ratio of -289.07 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 released 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 business had revenue of $92.85 million during 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 8.49%. The company’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.48 earnings per share. Impinj has set its Q1 2026 guidance at 0.080-0.130 EPS. Research analysts anticipate that Impinj, Inc. will post -0.47 EPS for the current fiscal year.

Insider Buying and Selling

In other Impinj news, insider Sylebra Capital Llc sold 134,629 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider directly owned 1,132,152 shares of the company’s stock, valued at $170,230,374.72. This trade represents a 10.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last three months, insiders have sold 369,058 shares of company stock valued at $56,016,640. 12.40% of the stock is currently owned by corporate insiders.

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).