William Blair Investment Management LLC Purchases 11,398 Shares of Impinj, Inc. $PI

William Blair Investment Management LLC increased its position in Impinj, Inc. (NASDAQ:PI) by 5.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 212,003 shares of the company’s stock after acquiring an additional 11,398 shares during the quarter. William Blair Investment Management LLC’s holdings in Impinj were worth $36,891,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC boosted its stake in Impinj by 85.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 29,889 shares of the company’s stock worth $5,775,000 after purchasing 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 worth about $2,784,000. Aberdeen Group plc boosted its stake in 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. Public Sector Pension Investment Board boosted its stake in Impinj by 26.2% in the 3rd quarter. Public Sector Pension Investment Board now owns 100,954 shares of the company’s stock worth $18,247,000 after purchasing an additional 20,943 shares in the last quarter. Finally, Baillie Gifford & Co. bought a new position in Impinj in the 4th quarter worth about $17,880,000.

Insider Transactions at Impinj

In other news, Director Sylebra Capital Llc sold 25,896 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $152.73, for a total transaction of $3,955,096.08. Following the completion of the sale, the director owned 1,070,085 shares of the company’s stock, valued at $163,434,082.05. This represents a 2.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 6.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on PI shares. Piper Sandler reiterated a “mixed” rating and issued a $180.00 price target (down from $230.00) on shares of Impinj in a research note on Friday, February 6th. Susquehanna reiterated a “positive” rating and issued a $200.00 price target on shares of Impinj in a research note on Friday, February 6th. Roth Mkm lowered their target price on shares of Impinj from $220.00 to $180.00 and set a “buy” rating on the stock in a research note on Monday, March 16th. Zacks Research upgraded shares of Impinj from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Finally, Barclays upped their target price on shares of Impinj from $169.00 to $176.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $175.00.

Impinj Price Performance

PI opened at $149.76 on Monday. 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 has a market capitalization of $4.56 billion, a P/E ratio of -162.78 and a beta of 1.93. The company’s 50-day simple moving average is $117.82 and its two-hundred day simple moving average is $140.15. Impinj, Inc. has a 52-week low of $87.36 and a 52-week high of $247.06.

Impinj (NASDAQ:PI) last posted its earnings results on Wednesday, April 29th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.03. The business had revenue of $74.25 million for the quarter, compared to analysts’ expectations of $72.53 million. Impinj had a negative net margin of 7.66% and a positive return on equity of 5.67%. The business’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.21 EPS. Impinj has set its Q2 2026 guidance at 0.770-0.820 EPS. As a group, analysts predict 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).