Stephens Investment Management Group LLC Has $10.15 Million Stake in Impinj, Inc. $PI

Stephens Investment Management Group LLC raised its holdings in Impinj, Inc. (NASDAQ:PI) by 63.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 58,326 shares of the company’s stock after purchasing an additional 22,579 shares during the period. Stephens Investment Management Group LLC owned approximately 0.19% of Impinj worth $10,149,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in PI. Wealth Enhancement Advisory Services LLC increased its position in shares of Impinj by 85.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 29,889 shares of the company’s stock valued at $5,775,000 after acquiring an additional 13,759 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Impinj in the 3rd quarter valued at approximately $2,784,000. William Blair Investment Management LLC bought a new position in Impinj in the 3rd quarter valued at approximately $36,259,000. New York State Teachers Retirement System boosted its stake in Impinj by 207.3% during the 3rd quarter. New York State Teachers Retirement System now owns 16,900 shares of the company’s stock valued at $3,055,000 after purchasing an additional 11,400 shares during the last quarter. Finally, Aberdeen Group plc increased its holdings in shares of Impinj by 193.8% in the 4th quarter. Aberdeen Group plc now owns 68,387 shares of the company’s stock worth $11,900,000 after purchasing an additional 45,112 shares in the last quarter.

Insider Buying and Selling

In other Impinj news, Director Sylebra Capital Llc sold 25,896 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $152.73, for a total value of $3,955,096.08. Following the transaction, the director directly owned 1,070,085 shares in the company, valued at approximately $163,434,082.05. This trade represents a 2.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 6.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Wall Street Zen raised Impinj from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Zacks Research upgraded Impinj from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. UBS Group upped their target price on shares of Impinj from $155.00 to $175.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Piper Sandler reaffirmed a “mixed” rating and set a $180.00 price target (down from $230.00) on shares of Impinj in a report on Friday, February 6th. Finally, Evercore set a $144.00 price target on shares of Impinj 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 given a Sell rating to the company’s stock. According to MarketBeat, Impinj currently has a consensus rating of “Hold” and a consensus target price of $175.00.

Impinj Stock Performance

Shares of NASDAQ:PI opened at $138.72 on Monday. The stock has a market capitalization of $4.23 billion, a price-to-earnings ratio of -150.78 and a beta of 1.93. The company has a debt-to-equity ratio of 1.18, a quick ratio of 6.55 and a current ratio of 9.20. The stock’s 50-day simple moving average is $113.53 and its two-hundred day simple moving average is $142.79. Impinj, Inc. has a 52-week low of $87.36 and a 52-week high of $247.06.

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

About Impinj

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).