Impinj (NASDAQ:PI) Insider Sylebra Capital Llc Sells 31,058 Shares

Impinj, Inc. (NASDAQ:PI) insider Sylebra Capital Llc sold 31,058 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $167.02, for a total transaction of $5,187,307.16. Following the transaction, the insider directly owned 1,587,472 shares of the company’s stock, valued at approximately $265,139,573.44. This trade represents a 1.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Sylebra Capital Llc also recently made the following trade(s):

• On Tuesday, December 2nd, Sylebra Capital Llc sold 41,874 shares of Impinj stock. The shares were sold at an average price of $168.23, for a total value of $7,044,463.02.
• On Friday, November 28th, Sylebra Capital Llc sold 22,297 shares of Impinj stock. The stock was sold at an average price of $172.62, for a total value of $3,848,908.14.
• On Wednesday, November 26th, Sylebra Capital Llc sold 34,556 shares of Impinj stock. The stock was sold at an average price of $171.80, for a total value of $5,936,720.80.
• On Tuesday, November 25th, Sylebra Capital Llc sold 46,110 shares of Impinj stock. The shares were sold at an average price of $167.73, for a total value of $7,734,030.30.
• On Monday, November 24th, Sylebra Capital Llc sold 31,952 shares of Impinj stock. The stock was sold at an average price of $159.42, for a total value of $5,093,787.84.
• On Friday, November 21st, Sylebra Capital Llc sold 3,046 shares of Impinj stock. The shares were sold at an average price of $155.10, for a total transaction of $472,434.60.
• On Thursday, November 20th, Sylebra Capital Llc sold 8,081 shares of Impinj stock. The stock was sold at an average price of $156.32, for a total transaction of $1,263,221.92.
• On Wednesday, November 12th, Sylebra Capital Llc sold 3,772 shares of Impinj stock. The stock was sold at an average price of $156.30, for a total transaction of $589,563.60.
• On Tuesday, November 11th, Sylebra Capital Llc sold 30,000 shares of Impinj stock. The shares were sold at an average price of $155.63, for a total transaction of $4,668,900.00.
• On Friday, November 7th, Sylebra Capital Llc sold 6,246 shares of Impinj stock. The stock was sold at an average price of $162.16, for a total transaction of $1,012,851.36.

Impinj Stock Down 2.3%

PI stock opened at $164.18 on Thursday. The company has a 50 day moving average price of $183.30 and a two-hundred day moving average price of $156.13. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.97 and a current ratio of 2.67. The stock has a market capitalization of $4.94 billion, a P/E ratio of -373.13 and a beta of 1.50. Impinj, Inc. has a one year low of $60.85 and a one year 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 for the quarter, compared to analyst estimates of $92.71 million. Impinj had a positive return on equity of 8.15% and a negative net margin of 3.45%.The business’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.56 EPS. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. As a group, sell-side analysts expect that Impinj, Inc. will post -0.47 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC grew its stake in Impinj by 3.5% during the third quarter. GAMMA Investing LLC now owns 1,679 shares of the company’s stock worth $303,000 after buying an additional 57 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Impinj by 0.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 16,130 shares of the company’s stock valued at $3,113,000 after acquiring an additional 66 shares in the last quarter. Amalgamated Bank lifted its holdings in shares of Impinj by 1.1% during the 2nd quarter. Amalgamated Bank now owns 6,670 shares of the company’s stock valued at $741,000 after acquiring an additional 74 shares in the last quarter. Hantz Financial Services Inc. boosted its position in Impinj by 90.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock worth $29,000 after purchasing an additional 75 shares during the period. Finally, Bessemer Group Inc. increased its holdings in Impinj by 101.2% in the 3rd quarter. Bessemer Group Inc. now owns 167 shares of the company’s stock valued at $31,000 after purchasing an additional 84 shares in the last quarter.

Analyst Ratings Changes

A number of analysts have issued reports on PI shares. Piper Sandler raised their price target on Impinj from $180.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. Barclays raised their target price on shares of Impinj from $200.00 to $211.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 5th. Wall Street Zen lowered shares of Impinj from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Impinj in a research note on Wednesday, October 8th. Finally, Zacks Research raised shares of Impinj from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Impinj currently has a consensus rating of “Moderate Buy” and a consensus price target of $226.33.

Impinj Company 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.