8,828 Shares in Impinj, Inc. $PI Acquired by Quantbot Technologies LP

Quantbot Technologies LP purchased a new stake in Impinj, Inc. (NASDAQ:PI) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 8,828 shares of the company’s stock, valued at approximately $1,596,000.

Several other hedge funds have also recently bought and sold shares of the stock. Advisors Asset Management Inc. lifted its holdings in shares of Impinj by 39.9% during the first quarter. Advisors Asset Management Inc. now owns 491 shares of the company’s stock valued at $45,000 after acquiring an additional 140 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Impinj by 10.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 279,209 shares of the company’s stock worth $25,324,000 after purchasing an additional 26,388 shares in the last quarter. Focus Partners Wealth bought a new position in Impinj during the 1st quarter valued at about $223,000. Intech Investment Management LLC boosted its position in Impinj by 29.6% in the first quarter. Intech Investment Management LLC now owns 16,708 shares of the company’s stock valued at $1,515,000 after buying an additional 3,812 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in Impinj by 245.5% in the second quarter. Nisa Investment Advisors LLC now owns 1,026 shares of the company’s stock valued at $114,000 after buying an additional 729 shares in the last quarter.

Impinj Stock Down 3.3%

NASDAQ PI opened at $112.74 on Thursday. The stock has a market capitalization of $3.41 billion, a P/E ratio of -289.07 and a beta of 1.56. 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 0.88, a quick ratio of 2.01 and a current ratio of 2.68. The stock has a fifty day moving average of $151.42 and a 200-day moving average of $170.30.

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

Insider Activity

In other news, insider Sylebra Capital Llc sold 134,629 shares of Impinj stock in a transaction that occurred on 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 completion of the sale, the insider owned 1,132,152 shares in the company, valued at $170,230,374.72. The trade was a 10.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last 90 days, insiders have sold 369,058 shares of company stock valued at $56,016,640. 12.40% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on PI shares. Barclays cut their target price on shares of Impinj from $211.00 to $175.00 and set an “overweight” rating for the company in a research note on Friday, February 6th. Roth Mkm set a $220.00 price objective on Impinj in a research note on Friday, February 6th. Zacks Research cut Impinj from a “hold” rating to a “strong sell” rating in a report on Monday, February 9th. Needham & Company LLC lowered their target price on Impinj from $255.00 to $175.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Finally, UBS Group set a $155.00 price target on Impinj in a report on Friday, February 6th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Impinj presently has an average rating of “Hold” and a consensus target price of $173.38.

Impinj 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).