Voya Investment Management LLC Sells 3,564 Shares of Impinj, Inc. $PI

Voya Investment Management LLC trimmed its holdings in shares of Impinj, Inc. (NASDAQ:PI) by 25.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,446 shares of the company’s stock after selling 3,564 shares during the quarter. Voya Investment Management LLC’s holdings in Impinj were worth $1,888,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. DLD Asset Management LP bought a new position in shares of Impinj during the second quarter valued at $1,332,840,000. State Street Corp increased its holdings in Impinj by 1.4% in the second quarter. State Street Corp now owns 1,215,065 shares of the company’s stock valued at $134,957,000 after purchasing an additional 16,337 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Impinj by 304.4% during 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 worth $88,184,000 after purchasing an additional 731,817 shares during the last quarter. Chevy Chase Trust Holdings LLC lifted its holdings in Impinj by 1.1% during the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 740,081 shares of the company’s stock worth $82,201,000 after buying an additional 8,126 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in Impinj by 3.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 641,684 shares of the company’s stock worth $71,272,000 after buying an additional 19,501 shares during the period.

Impinj Price Performance

Shares of PI opened at $174.01 on Monday. Impinj, Inc. has a 52-week low of $60.85 and a 52-week high of $247.06. 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 business’s 50 day moving average price is $174.04 and its two-hundred day moving average price is $162.13. The firm has a market cap of $5.24 billion, a PE ratio of -395.47 and a beta of 1.50.

Impinj (NASDAQ:PI) last announced 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. Impinj had a negative net margin of 3.45% and a positive return on equity of 8.15%. The company had revenue of $96.06 million during the quarter, compared to the consensus estimate of $92.71 million. During the same quarter last year, the firm posted $0.56 EPS. The company’s quarterly revenue was up .9% on a year-over-year basis. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. On average, equities analysts anticipate that Impinj, Inc. will post -0.47 EPS for the current year.

Insiders Place Their Bets

In other news, insider Sylebra Capital Llc sold 134,629 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $150.36, for a total transaction of $20,242,816.44. Following the transaction, the insider owned 1,132,152 shares in the company, valued at approximately $170,230,374.72. This represents a 10.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 697,450 shares of company stock valued at $110,643,153 over the last ninety days. Insiders own 51.00% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on PI shares. Susquehanna set a $255.00 price target on Impinj in a research note on Thursday, October 30th. Weiss Ratings reissued a “sell (d)” rating on shares of Impinj in a research report on Wednesday, October 8th. Wall Street Zen lowered shares of Impinj from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Needham & Company LLC upped their price objective 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. Finally, UBS Group started coverage on shares of Impinj in a research note on Friday, November 7th. They set a “neutral” rating and a $200.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $226.33.

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).