Stephens Investment Management Group LLC Buys 21,205 Shares of Impinj, Inc. $PI

Stephens Investment Management Group LLC increased its stake in shares of Impinj, Inc. (NASDAQ:PI) by 36.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 79,531 shares of the company’s stock after acquiring an additional 21,205 shares during the period. Stephens Investment Management Group LLC’s holdings in Impinj were worth $8,168,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Danske Bank A S bought a new position in Impinj during the 4th quarter worth about $35,000. Advisors Asset Management Inc. lifted its holdings in shares of Impinj by 39.9% in the first quarter. Advisors Asset Management Inc. now owns 491 shares of the company’s stock valued at $45,000 after purchasing an additional 140 shares in the last quarter. Daiwa Securities Group Inc. lifted its holdings in shares of Impinj by 41.7% in the fourth quarter. Daiwa Securities Group Inc. now owns 340 shares of the company’s stock valued at $59,000 after purchasing an additional 100 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Impinj during the fourth quarter worth about $60,000. Finally, Larson Financial Group LLC boosted its position in shares of Impinj by 7,100.0% during the fourth quarter. Larson Financial Group LLC now owns 360 shares of the company’s stock worth $63,000 after buying an additional 355 shares during the period.

Insider Transactions at Impinj

In other news, Director Sylebra Capital Llc sold 12,105 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $127.36, for a total value of $1,541,692.80. Following the completion of the sale, the director directly owned 782,943 shares of the company’s stock, valued at $99,715,620.48. This trade represents a 1.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders sold a total of 265,124 shares of company stock valued at $36,565,887 in the last 90 days. 6.80% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on PI. UBS Group lifted their target price on Impinj from $155.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Barclays increased their target price on shares of Impinj from $169.00 to $176.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Wall Street Zen upgraded shares of Impinj from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Roth Mkm reduced their price objective on shares of Impinj from $220.00 to $180.00 and set a “buy” rating for the company in a research note on Monday, March 16th. Finally, Zacks Research upgraded Impinj from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Five investment 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. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $175.00.

Impinj Stock Performance

NASDAQ PI opened at $141.58 on Monday. The firm has a market capitalization of $4.31 billion, a P/E ratio of -153.89 and a beta of 1.92. The company has a current ratio of 9.20, a quick ratio of 6.55 and a debt-to-equity ratio of 1.18. The firm’s fifty day moving average price is $137.80 and its two-hundred day moving average price is $135.53. Impinj, Inc. has a 1 year low of $87.36 and a 1 year high of $247.06.

Impinj (NASDAQ:PI) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.03. The company had revenue of $74.25 million during the quarter, compared to the consensus estimate 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 quarterly revenue was down .1% on a year-over-year basis. During the same quarter last year, the firm posted $0.21 EPS. Impinj has set its Q2 2026 guidance at 0.770-0.820 EPS. As a group, research analysts anticipate that Impinj, Inc. will post 0.28 EPS for the current year.

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).