Impinj, Inc. $PI Position Boosted by Capital Fund Management S.A.

Capital Fund Management S.A. boosted its position in Impinj, Inc. (NASDAQ:PI) by 1.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 87,265 shares of the company’s stock after buying an additional 1,255 shares during the period. Capital Fund Management S.A.’s holdings in Impinj were worth $9,693,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Dakota Wealth Management bought a new position in Impinj in the second quarter worth about $233,000. DNB Asset Management AS raised its position in shares of 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 period. Truist Financial Corp lifted its holdings in shares of Impinj by 71.1% in the 2nd quarter. Truist Financial Corp now owns 9,065 shares of the company’s stock worth $1,007,000 after purchasing an additional 3,768 shares during the last quarter. Vanguard Personalized Indexing Management LLC acquired a new position in Impinj during the 2nd quarter valued at approximately $230,000. Finally, Northern Trust Corp grew its stake in Impinj by 0.4% during the 1st quarter. Northern Trust Corp now owns 251,891 shares of the company’s stock worth $22,847,000 after buying an additional 953 shares during the last quarter.

Insiders Place Their Bets

In other news, CEO Chris Ph.D. Diorio sold 5,000 shares of Impinj stock in a transaction on Monday, September 8th. The stock was sold at an average price of $192.30, for a total transaction of $961,500.00. Following the transaction, the chief executive officer directly owned 341,109 shares in the company, valued at approximately $65,595,260.70. This trade represents a 1.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Sylebra Capital Llc sold 300,000 shares of the business’s stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $196.24, for a total value of $58,872,000.00. Following the completion of the sale, the insider directly owned 1,829,260 shares in the company, valued at $358,973,982.40. This represents a 14.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 473,315 shares of company stock valued at $87,591,517. 12.40% of the stock is currently owned by corporate insiders.

Impinj Stock Performance

Shares of PI opened at $171.73 on Friday. The firm has a market capitalization of $5.17 billion, a PE ratio of -390.28 and a beta of 1.83. The company has a quick ratio of 8.44, a current ratio of 11.64 and a debt-to-equity ratio of 1.51. The firm has a 50-day moving average price of $184.61 and a 200 day moving average price of $155.24. Impinj, Inc. has a 52-week low of $60.85 and a 52-week high of $247.06.

Impinj (NASDAQ:PI) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.08. The company had revenue of $96.06 million during the quarter, compared to analyst estimates of $92.71 million. Impinj had a negative net margin of 3.45% and a positive return on equity of 8.50%. The business’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.56 EPS. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. On average, sell-side analysts anticipate that Impinj, Inc. will post -0.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

PI has been the topic of several analyst reports. Barclays increased their target price on Impinj from $200.00 to $211.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 5th. Susquehanna set a $255.00 price objective on shares of Impinj in a report on Thursday, October 30th. UBS Group initiated coverage on shares of Impinj in a research report on Friday, November 7th. They issued a “neutral” rating and a $200.00 price objective on the stock. Roth Capital reissued a “buy” rating and set a $235.00 target price on shares of Impinj in a research note on Thursday, October 30th. Finally, Needham & Company LLC raised their price target on shares of Impinj from $195.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $226.33.

Impinj Profile

Impinj, Inc operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects items and delivers data about the connected items to business and consumer applications. The company’s platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item.