Moloney Securities Asset Management LLC Acquires Shares of 2,000 Impinj, Inc. $PI

Moloney Securities Asset Management LLC acquired a new stake in shares of Impinj, Inc. (NASDAQ:PI) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,000 shares of the company’s stock, valued at approximately $222,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PI. Advisors Asset Management Inc. grew its stake in shares of Impinj by 39.9% in the first quarter. Advisors Asset Management Inc. now owns 491 shares of the company’s stock worth $45,000 after purchasing an additional 140 shares during the last quarter. Maryland State Retirement & Pension System boosted its position in Impinj by 2.5% during the second quarter. Maryland State Retirement & Pension System now owns 6,899 shares of the company’s stock valued at $766,000 after acquiring an additional 167 shares during the last quarter. SBI Securities Co. Ltd. raised its holdings in shares of Impinj by 75.3% during 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 during the period. CWM LLC raised its holdings in shares of Impinj by 3.3% during the first quarter. CWM LLC now owns 5,818 shares of the company’s stock valued at $528,000 after purchasing an additional 185 shares during the period. Finally, Yousif Capital Management LLC raised its holdings in shares of Impinj by 2.6% during the second quarter. Yousif Capital Management LLC now owns 8,752 shares of the company’s stock valued at $972,000 after purchasing an additional 219 shares during the period.

Wall Street Analyst Weigh In

PI has been the topic of a number of analyst reports. Barclays began coverage on shares of Impinj in a report on Tuesday, October 7th. They issued an “overweight” rating and a $200.00 target price on the stock. Zacks Research raised shares of Impinj from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Susquehanna raised their price objective on shares of Impinj from $180.00 to $235.00 and gave the stock a “positive” rating in a report on Wednesday, October 22nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Impinj in a report on Saturday. Finally, Cantor Fitzgerald increased their target price 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. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Impinj currently has a consensus rating of “Moderate Buy” and a consensus price target of $189.43.

Impinj Trading Down 2.2%

Shares of PI opened at $235.83 on Monday. The firm’s 50-day moving average price is $190.31 and its 200-day moving average price is $139.89. The firm has a market capitalization of $6.86 billion, a price-to-earnings ratio of 23,606.61 and a beta of 1.83. The company has a current ratio of 11.64, a quick ratio of 8.44 and a debt-to-equity ratio of 1.51. 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 data on Wednesday, July 30th. The company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.72 by $0.08. Impinj had a net margin of 0.18% and a return on equity of 8.14%. The business had revenue of $97.89 million for the quarter, compared to analyst estimates of $93.78 million. During the same quarter in the previous year, the firm posted $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. Sell-side analysts anticipate that Impinj, Inc. will post -0.47 EPS for the current year.

Insider Activity at Impinj

In related news, insider Sylebra Capital Llc sold 300,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $196.24, for a total transaction of $58,872,000.00. Following the completion of the sale, the insider directly owned 1,829,260 shares in the company, valued at approximately $358,973,982.40. The trade was a 14.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Chris Ph.D. Diorio sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $192.30, for a total transaction of $961,500.00. Following the completion of the transaction, the chief executive officer owned 341,109 shares of the company’s stock, valued at approximately $65,595,260.70. The trade was a 1.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 324,096 shares of company stock valued at $63,353,832 over the last three months. 51.00% of the stock is owned by corporate insiders.

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.