Impinj, Inc. (NASDAQ:PI) Receives Consensus Rating of “Hold” from Analysts

Shares of Impinj, Inc. (NASDAQ:PI) have been assigned an average rating of “Hold” from the nine analysts that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $175.00.

Several equities analysts recently weighed in on PI shares. Zacks Research raised Impinj from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Roth Mkm cut their price objective on Impinj from $220.00 to $180.00 and set a “buy” rating for the company in a research report on Monday, March 16th. Needham & Company LLC reissued a “buy” rating and set a $175.00 price objective on shares of Impinj in a research report on Thursday, April 30th. Evercore set a $144.00 price objective on Impinj in a research report on Thursday, April 30th. Finally, Weiss Ratings cut Impinj from a “sell (d)” rating to a “sell (e+)” rating in a research report on Monday, May 4th.

Impinj Stock Performance

NASDAQ:PI opened at $128.71 on Friday. Impinj has a 12 month low of $87.36 and a 12 month high of $247.06. The firm has a market cap of $3.92 billion, a price-to-earnings ratio of -139.90 and a beta of 1.91. The company has a quick ratio of 6.55, a current ratio of 9.20 and a debt-to-equity ratio of 1.18. The company’s 50 day moving average is $132.76 and its 200-day moving average is $137.21.

Impinj (NASDAQ:PI) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.03. Impinj had a negative net margin of 7.66% and a positive return on equity of 5.67%. The company had revenue of $74.25 million for the quarter, compared to analyst estimates of $72.53 million. During the same quarter last year, the firm posted $0.21 earnings per share. The company’s quarterly revenue was down .1% compared to the same quarter last year. Impinj has set its Q2 2026 guidance at 0.770-0.820 EPS. Equities analysts anticipate that Impinj will post 0.28 EPS for the current year.

Insider Buying and Selling

In other Impinj news, Director Sylebra Capital Llc sold 48,504 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $150.78, for a total value of $7,313,433.12. Following the completion of the transaction, the director owned 973,667 shares of the company’s stock, valued at $146,809,510.26. This represents a 4.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Over the last ninety days, insiders sold 265,124 shares of company stock valued at $36,565,887. Corporate insiders own 6.80% of the company’s stock.

Hedge Funds Weigh In On Impinj

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Swiss Life Asset Management Ltd lifted its holdings in shares of Impinj by 7.6% during the 4th quarter. Swiss Life Asset Management Ltd now owns 1,298 shares of the company’s stock worth $226,000 after acquiring an additional 92 shares during the period. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Impinj by 4.1% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 2,467 shares of the company’s stock worth $429,000 after acquiring an additional 97 shares during the period. Xponance LLC lifted its holdings in shares of Impinj by 4.9% during the 4th quarter. Xponance LLC now owns 2,138 shares of the company’s stock worth $372,000 after acquiring an additional 99 shares during the period. Daiwa Securities Group Inc. lifted its holdings in shares of Impinj by 41.7% during the 4th quarter. Daiwa Securities Group Inc. now owns 340 shares of the company’s stock worth $59,000 after acquiring an additional 100 shares during the period. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Impinj by 35.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 384 shares of the company’s stock worth $65,000 after acquiring an additional 100 shares during the period.

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).