Inceptionr LLC Makes New $469,000 Investment in Impinj, Inc. $PI

Inceptionr LLC bought a new stake in Impinj, Inc. (NASDAQ:PI) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,567 shares of the company’s stock, valued at approximately $469,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Invesco Ltd. grew its stake in shares of Impinj by 48.3% in the third quarter. Invesco Ltd. now owns 1,209,292 shares of the company’s stock valued at $218,580,000 after buying an additional 393,685 shares in the last quarter. Norges Bank acquired a new position in shares of Impinj in the fourth quarter valued at approximately $55,216,000. State Street Corp boosted its stake in Impinj by 10.8% in the 4th quarter. State Street Corp now owns 1,276,893 shares of the company’s stock valued at $222,192,000 after purchasing an additional 124,792 shares during the period. BNP Paribas Financial Markets boosted its stake in Impinj by 1,880.0% in the 4th quarter. BNP Paribas Financial Markets now owns 128,624 shares of the company’s stock valued at $22,382,000 after purchasing an additional 122,128 shares during the period. Finally, Oberweis Asset Management Inc. acquired a new position in Impinj in the 3rd quarter valued at $19,362,000.

Impinj Stock Performance

PI opened at $127.55 on Monday. Impinj, Inc. has a twelve month low of $87.36 and a twelve month high of $247.06. The company has a 50-day simple moving average of $137.90 and a 200 day simple moving average of $132.01. The company has a quick ratio of 6.55, a current ratio of 9.20 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $3.89 billion, a price-to-earnings ratio of -138.64 and a beta of 1.92.

Impinj (NASDAQ:PI) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $72.53 million. During the same period in the prior year, the company posted $0.21 earnings per share. The business’s revenue for the quarter was down .1% on a year-over-year basis. Impinj has set its Q2 2026 guidance at 0.770-0.820 EPS. Analysts predict that Impinj, Inc. will post 0.28 EPS for the current fiscal year.

Insider Transactions at Impinj

In other Impinj news, Director Sylebra Capital Llc sold 48,504 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $150.78, for a total transaction of $7,313,433.12. Following the completion of the transaction, the director directly owned 973,667 shares in the company, valued at $146,809,510.26. The trade was a 4.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold 265,124 shares of company stock valued at $36,565,887 over the last quarter. Company insiders own 6.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Barclays increased their price objective on Impinj from $169.00 to $176.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Zacks Research raised shares of Impinj from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Evercore set a $144.00 price objective on shares of Impinj in a research note on Thursday, April 30th. Wall Street Zen downgraded shares of Impinj from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Finally, Weiss Ratings downgraded shares of Impinj from a “sell (d)” rating to a “sell (e+)” rating in a research report on Monday, May 4th. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Impinj currently has a consensus rating of “Hold” and a consensus target price of $175.00.

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).