Impinj (NASDAQ:PI) Director Sylebra Capital Llc Sells 45,528 Shares

Impinj, Inc. (NASDAQ:PI) Director Sylebra Capital Llc sold 45,528 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $128.94, for a total transaction of $5,870,380.32. Following the completion of the transaction, the director directly owned 795,048 shares in the company, valued at $102,513,489.12. This trade represents a 5.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

• On Tuesday, June 9th, Sylebra Capital Llc sold 12,105 shares of Impinj stock. The shares were sold at an average price of $127.36, for a total transaction of $1,541,692.80.
• On Friday, June 5th, Sylebra Capital Llc sold 47,479 shares of Impinj stock. The shares were sold at an average price of $124.06, for a total transaction of $5,890,244.74.
• On Thursday, June 4th, Sylebra Capital Llc sold 33,412 shares of Impinj stock. The shares were sold at an average price of $136.84, for a total transaction of $4,572,098.08.
• On Wednesday, June 3rd, Sylebra Capital Llc sold 6,313 shares of Impinj stock. The shares were sold at an average price of $139.17, for a total transaction of $878,580.21.
• On Tuesday, June 2nd, Sylebra Capital Llc sold 38,724 shares of Impinj stock. The shares were sold at an average price of $142.31, for a total transaction of $5,510,812.44.
• On Monday, June 1st, Sylebra Capital Llc sold 7,163 shares of Impinj stock. The shares were sold at an average price of $144.29, for a total transaction of $1,033,549.27.
• On Friday, May 29th, Sylebra Capital Llc sold 48,504 shares of Impinj stock. The shares were sold at an average price of $150.78, for a total transaction of $7,313,433.12.
• On Friday, May 8th, Sylebra Capital Llc sold 25,896 shares of Impinj stock. The shares were sold at an average price of $152.73, for a total transaction of $3,955,096.08.

Impinj Stock Down 1.9%

Shares of NASDAQ PI opened at $122.69 on Thursday. The firm has a market capitalization of $3.74 billion, a PE ratio of -133.36 and a beta of 1.91. The company has a current ratio of 9.20, a quick ratio of 6.55 and a debt-to-equity ratio of 1.18. Impinj, Inc. has a 1 year low of $87.36 and a 1 year high of $247.06. The firm’s 50-day moving average is $128.85 and its 200-day moving average is $138.76.

Impinj (NASDAQ:PI) last issued its earnings results on Wednesday, April 29th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.03. The company had revenue of $74.25 million for the quarter, compared to analyst estimates of $72.53 million. Impinj had a negative net margin of 7.66% and a positive return on equity of 5.67%. The company’s revenue for the quarter was down .1% on a year-over-year basis. During the same quarter last year, the firm earned $0.21 EPS. Impinj has set its Q2 2026 guidance at 0.770-0.820 EPS. Equities analysts expect that Impinj, Inc. will post 0.28 EPS for the current year.

Wall Street Analyst Weigh In

PI has been the topic of several recent analyst reports. Wall Street Zen raised shares of Impinj from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Needham & Company LLC reissued a “buy” rating and set a $175.00 price objective on shares of Impinj in a research note on Thursday, April 30th. Roth Mkm reduced their price objective on shares of Impinj from $220.00 to $180.00 and set a “buy” rating on the stock in a research note on Monday, March 16th. Zacks Research raised shares of Impinj from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Finally, UBS Group lifted their price objective on shares of Impinj from $155.00 to $175.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $175.00.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Western Wealth Management LLC acquired a new stake in Impinj during the 1st quarter worth approximately $28,000. Hantz Financial Services Inc. raised its holdings 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 buying an additional 75 shares during the period. Bessemer Group Inc. raised its holdings in Impinj by 101.2% during the 3rd quarter. Bessemer Group Inc. now owns 167 shares of the company’s stock worth $31,000 after buying an additional 84 shares during the period. Danske Bank A S acquired a new stake in Impinj during the 4th quarter worth approximately $35,000. Finally, Advisors Asset Management Inc. raised its holdings in Impinj by 39.9% during the 1st quarter. Advisors Asset Management Inc. now owns 491 shares of the company’s stock worth $45,000 after buying an additional 140 shares during the period.

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).