Impinj (NASDAQ:PI) Insider Sells $14,575,390.15 in Stock

Impinj, Inc. (NASDAQ:PI) insider Sylebra Capital Llc sold 95,345 shares of the company’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $152.87, for a total value of $14,575,390.15. Following the completion of the transaction, the insider directly owned 1,317,354 shares in the company, valued at $201,383,905.98. This trade represents a 6.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, December 15th, Sylebra Capital Llc sold 134,629 shares of Impinj stock. The shares were sold at an average price of $150.36, for a total transaction of $20,242,816.44.
• On Friday, December 12th, Sylebra Capital Llc sold 50,573 shares of Impinj stock. The stock was sold at an average price of $146.62, for a total transaction of $7,415,013.26.
• On Wednesday, December 10th, Sylebra Capital Llc sold 84,604 shares of Impinj stock. The shares were sold at an average price of $155.49, for a total transaction of $13,155,075.96.
• On Tuesday, December 9th, Sylebra Capital Llc sold 40 shares of Impinj stock. The stock was sold at an average price of $160.01, for a total value of $6,400.40.
• On Monday, December 8th, Sylebra Capital Llc sold 2,494 shares of Impinj stock. The stock was sold at an average price of $160.72, for a total value of $400,835.68.
• On Friday, December 5th, Sylebra Capital Llc sold 1,373 shares of Impinj stock. The shares were sold at an average price of $161.04, for a total value of $221,107.92.
• On Thursday, December 4th, Sylebra Capital Llc sold 3,167 shares of Impinj stock. The shares were sold at an average price of $160.59, for a total value of $508,588.53.
• On Wednesday, December 3rd, Sylebra Capital Llc sold 41,221 shares of Impinj stock. The shares were sold at an average price of $167.97, for a total transaction of $6,923,891.37.
• On Tuesday, December 2nd, Sylebra Capital Llc sold 41,874 shares of Impinj stock. The stock was sold at an average price of $168.23, for a total value of $7,044,463.02.
• On Monday, December 1st, Sylebra Capital Llc sold 31,058 shares of Impinj stock. The stock was sold at an average price of $167.02, for a total value of $5,187,307.16.

Impinj Stock Performance

Shares of Impinj stock traded up $7.96 during midday trading on Monday, hitting $153.29. The company had a trading volume of 940,572 shares, compared to its average volume of 548,509. The company has a fifty day simple moving average of $178.89 and a 200 day simple moving average of $158.54. The stock has a market cap of $4.62 billion, a price-to-earnings ratio of -348.38 and a beta of 1.50. The company has a quick ratio of 1.97, a current ratio of 2.67 and a debt-to-equity ratio of 0.94. Impinj, Inc. has a 12-month low of $60.85 and a 12-month high of $247.06.

Impinj (NASDAQ:PI) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.50 by $0.08. The business had revenue of $96.06 million during the quarter, compared to the consensus estimate of $92.71 million. Impinj had a negative net margin of 3.45% and a positive return on equity of 8.15%. The business’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.56 earnings per share. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. As a group, analysts predict that Impinj, Inc. will post -0.47 earnings per share for the current fiscal year.

Institutional Trading of Impinj

Several institutional investors and hedge funds have recently bought and sold shares of the stock. DLD Asset Management LP acquired a new position in Impinj during the 2nd quarter worth $1,332,840,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Impinj by 304.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 972,260 shares of the company’s stock valued at $88,184,000 after acquiring an additional 731,817 shares during the last quarter. Invesco Ltd. raised its holdings in Impinj by 48.3% during the third quarter. Invesco Ltd. now owns 1,209,292 shares of the company’s stock worth $218,580,000 after purchasing an additional 393,685 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of Impinj by 52.7% in the 1st quarter. Ameriprise Financial Inc. now owns 622,183 shares of the company’s stock valued at $56,431,000 after buying an additional 214,792 shares during the last quarter. Finally, William Blair Investment Management LLC purchased a new position in shares of Impinj during the third quarter worth about $36,259,000.

Analyst Ratings Changes

Several equities research analysts have weighed in on PI shares. Evercore ISI increased their price target on Impinj from $236.00 to $273.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Barclays boosted their target price on shares of Impinj from $200.00 to $211.00 and gave the company an “overweight” rating in a research note on Wednesday, November 5th. Weiss Ratings reiterated a “sell (d)” rating on shares of Impinj in a research report on Wednesday, October 8th. Needham & Company LLC increased their price objective on shares of Impinj from $195.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Finally, Wall Street Zen downgraded Impinj from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Impinj currently has a consensus rating of “Moderate Buy” and an average 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.