Aberdeen Group plc Purchases 5,261 Shares of Impinj, Inc. $PI

Aberdeen Group plc raised its holdings in Impinj, Inc. (NASDAQ:PI) by 26.2% in the 2nd quarter, HoldingsChannel reports. The firm owned 25,378 shares of the company’s stock after purchasing an additional 5,261 shares during the quarter. Aberdeen Group plc’s holdings in Impinj were worth $2,866,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in PI. Banque Transatlantique SA acquired a new position in Impinj during the 1st quarter worth about $29,000. SBI Securities Co. Ltd. increased its holdings in shares of Impinj by 75.3% in the first quarter. SBI Securities Co. Ltd. now owns 398 shares of the company’s stock valued at $36,000 after purchasing an additional 171 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new position in Impinj in the 1st quarter worth approximately $43,000. Ameritas Advisory Services LLC acquired a new position in Impinj during the 2nd quarter worth $43,000. Finally, Advisors Asset Management Inc. boosted its position in Impinj by 39.9% in the 1st quarter. Advisors Asset Management Inc. now owns 491 shares of the company’s stock valued at $45,000 after buying an additional 140 shares during the last quarter.

Insider Buying and Selling at Impinj

In other news, insider Sylebra Capital Llc sold 300,000 shares of the stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $196.24, for a total transaction of $58,872,000.00. Following the transaction, the insider owned 1,829,260 shares in the company, valued at approximately $358,973,982.40. This trade represents a 14.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Chris Ph.D. Diorio sold 4,096 shares of the business’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $187.63, for a total transaction of $768,532.48. Following the completion of the sale, the chief executive officer directly owned 297,013 shares of the company’s stock, valued at approximately $55,728,549.19. The trade was a 1.36% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 324,096 shares of company stock valued at $63,353,832 in the last ninety days. Insiders own 12.40% of the company’s stock.

Impinj Trading Up 0.1%

NASDAQ PI opened at $201.43 on Friday. Impinj, Inc. has a 52 week low of $60.85 and a 52 week high of $233.00. The company has a debt-to-equity ratio of 1.51, a quick ratio of 8.44 and a current ratio of 11.64. The stock’s 50 day moving average price is $184.94 and its two-hundred day moving average price is $134.01. The stock has a market capitalization of $5.86 billion, a price-to-earnings ratio of 20,163.16 and a beta of 1.83.

Impinj (NASDAQ:PI) last released its earnings results on Wednesday, July 30th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.08. Impinj had a return on equity of 8.14% and a net margin of 0.18%.The business had revenue of $97.89 million for the quarter, compared to the consensus estimate of $93.78 million. During the same quarter in the previous year, the business earned $0.83 earnings per share. Impinj’s quarterly revenue was down 4.5% on a year-over-year basis. Impinj has set its Q3 2025 guidance at 0.470-0.510 EPS. As a group, analysts anticipate that Impinj, Inc. will post -0.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on PI. Piper Sandler upped their price target on Impinj from $140.00 to $180.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Cantor Fitzgerald boosted their price target on shares of Impinj from $158.00 to $217.00 and gave the stock an “overweight” rating in a research note on Monday, October 6th. Susquehanna increased their price objective on shares of Impinj from $130.00 to $140.00 and gave the company a “positive” rating in a report on Tuesday, July 22nd. Barclays assumed coverage on shares of Impinj in a report on Tuesday, October 7th. They set an “overweight” rating and a $200.00 target price for the company. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Impinj in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Impinj currently has a consensus rating of “Moderate Buy” and a consensus target price of $179.00.

Impinj Company Profile

Impinj, Inc operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects items and delivers data about the connected items to business and consumer applications. The company’s platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item.