Impinj (NASDAQ:PI) Stock Acquired Rep. Marjorie Taylor Greene

Posted by Mitch Edgeman on May 8th, 2025

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Impinj, Inc. (NASDAQ:PI). In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Impinj stock on May 5th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 5/5/2025.
Purchased $1,001 – $15,000 in shares of Occidental Petroleum (NYSE:OXY) on 5/5/2025.
Purchased $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 5/5/2025.
Purchased $1,001 – $15,000 in shares of MercadoLibre (NASDAQ:MELI) on 5/5/2025.
Purchased $1,001 – $15,000 in shares of Starbucks (NASDAQ:SBUX) on 5/5/2025.
Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 5/5/2025.
Purchased $1,001 – $15,000 in shares of Gilead Sciences (NASDAQ:GILD) on 5/5/2025.
Purchased $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 5/5/2025.
Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 5/5/2025.
Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 5/5/2025.

Impinj Stock Up 1.1 %

PI opened at $97.53 on Thursday. The stock has a market cap of $2.83 billion, a PE ratio of 71.72 and a beta of 1.64. Impinj, Inc. has a twelve month low of $60.85 and a twelve month high of $239.88. The company has a fifty day moving average of $84.93 and a 200-day moving average of $130.22.

Impinj (NASDAQ:PI – Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.12. The company had revenue of $74.28 million for the quarter, compared to the consensus estimate of $71.73 million. Impinj had a return on equity of 7.11% and a net margin of 11.15%. The firm’s revenue was down 3.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.21 EPS. Sell-side analysts anticipate that Impinj, Inc. will post -0.47 EPS for the current fiscal year.

Insider Activity

In related news, CRO Jeffrey Dossett sold 2,666 shares of Impinj stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $98.81, for a total transaction of $263,427.46. Following the sale, the executive now directly owns 71,886 shares in the company, valued at $7,103,055.66. The trade was a 3.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Cathal G. Phelan sold 565 shares of the business’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $98.77, for a total transaction of $55,805.05. Following the sale, the insider now directly owns 7,925 shares in the company, valued at $782,752.25. The trade was a 6.65 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 16,857 shares of company stock valued at $1,665,290. Corporate insiders own 12.40% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on PI. StockNews.com lowered shares of Impinj from a “hold” rating to a “sell” rating in a report on Friday, January 24th. Piper Sandler decreased their price target on shares of Impinj from $140.00 to $100.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd. Needham & Company LLC reduced their price objective on shares of Impinj from $130.00 to $115.00 and set a “buy” rating for the company in a report on Thursday, April 24th. The Goldman Sachs Group lowered their target price on shares of Impinj from $200.00 to $132.00 and set a “neutral” rating on the stock in a report on Thursday, February 6th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $133.00 price target on shares of Impinj in a research note on Thursday, April 24th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, Impinj currently has an average rating of “Moderate Buy” and an average price target of $160.33.

View Our Latest Research Report on Impinj

Institutional Investors Weigh In On Impinj

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Canada Pension Plan Investment Board purchased a new stake in shares of Impinj during the 4th quarter valued at approximately $29,000. SBI Securities Co. Ltd. bought a new stake in shares of Impinj during the 4th quarter worth $33,000. Jones Financial Companies Lllp raised its holdings in shares of Impinj by 205.9% during the 4th quarter. Jones Financial Companies Lllp now owns 260 shares of the company’s stock valued at $38,000 after buying an additional 175 shares in the last quarter. IFP Advisors Inc grew its position in Impinj by 116.5% during the fourth quarter. IFP Advisors Inc now owns 368 shares of the company’s stock valued at $53,000 after acquiring an additional 198 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Impinj by 68.7% during the first quarter. GAMMA Investing LLC now owns 722 shares of the company’s stock worth $65,000 after acquiring an additional 294 shares in the last quarter.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.

About Impinj

(Get Free Report)

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.