Impinj, Inc. $PI Shares Bought by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc grew its holdings in shares of Impinj, Inc. (NASDAQ:PI) by 30.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,200 shares of the company’s stock after buying an additional 5,000 shares during the period. K.J. Harrison & Partners Inc owned 0.07% of Impinj worth $3,874,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. CoreCap Advisors LLC acquired a new stake in shares of Impinj during the 3rd quarter worth about $27,000. Hantz Financial Services Inc. increased its stake in Impinj by 90.4% in the third quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock valued at $29,000 after purchasing an additional 75 shares during the last quarter. Salomon & Ludwin LLC acquired a new stake in Impinj during the third quarter worth approximately $31,000. Bessemer Group Inc. lifted its position in shares of 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 last quarter. Finally, Quaker Wealth Management LLC boosted its holdings in shares of Impinj by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 300 shares of the company’s stock valued at $33,000 after buying an additional 600 shares in the last quarter.

Analyst Ratings Changes

PI has been the subject of several research analyst reports. Roth Mkm set a $220.00 price objective on Impinj in a report on Friday, February 6th. Needham & Company LLC cut their price target on shares of Impinj from $255.00 to $175.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. Piper Sandler reissued a “mixed” rating and set a $180.00 price objective (down from $230.00) on shares of Impinj in a research note on Friday, February 6th. Wall Street Zen lowered Impinj from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Finally, UBS Group set a $155.00 target price on Impinj in a report on Friday, February 6th. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Impinj currently has an average rating of “Hold” and an average target price of $173.38.

Impinj Price Performance

PI opened at $125.52 on Thursday. The company has a market capitalization of $3.79 billion, a P/E ratio of -321.84 and a beta of 1.56. The company has a 50-day moving average of $156.97 and a 200-day moving average of $171.83. The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.01 and a current ratio of 2.68. Impinj, Inc. has a 1-year low of $60.85 and a 1-year high of $247.06.

Impinj (NASDAQ:PI) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.50 EPS for the quarter, hitting analysts’ consensus estimates of $0.50. Impinj had a positive return on equity of 8.49% and a negative net margin of 3.00%.The business had revenue of $92.85 million during the quarter, compared to the consensus estimate of $91.87 million. During the same period last year, the firm earned $0.48 earnings per share. The company’s revenue for the quarter was up 1.4% compared to the same quarter last year. Impinj has set its Q1 2026 guidance at 0.080-0.130 EPS. Equities analysts expect that Impinj, Inc. will post -0.47 EPS for the current fiscal year.

Insider Buying and Selling at Impinj

In related news, insider Sylebra Capital Llc sold 134,629 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $150.36, for a total transaction of $20,242,816.44. Following the sale, the insider directly owned 1,132,152 shares of the company’s stock, valued at approximately $170,230,374.72. This represents a 10.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last ninety days, insiders sold 508,675 shares of company stock valued at $79,529,798. 12.40% of the stock is currently owned by insiders.

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).