Impinj (NASDAQ:PI) Shares Up 9.2% – Here’s What Happened

Posted by Brian Himes on May 24th, 2026

Impinj, Inc. (NASDAQ:PI – Get Free Report) shares rose 9.2% on Friday . The company traded as high as $152.27 and last traded at $153.14. Approximately 87,048 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 645,075 shares. The stock had previously closed at $140.27.

Analyst Ratings Changes

PI has been the topic of a number of research analyst reports. Barclays increased their price target on Impinj from $169.00 to $176.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Piper Sandler restated 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. Needham & Company LLC restated a “buy” rating and issued a $175.00 price target on shares of Impinj in a research note on Thursday, April 30th. Susquehanna restated a “positive” rating and issued a $200.00 price target on shares of Impinj in a research note on Friday, February 6th. Finally, Evercore set a $144.00 price target on Impinj in a research note on Thursday, April 30th. Five equities 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 stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $175.00.

Get Our Latest Analysis on Impinj

Impinj Stock Up 6.8%

The company has a current ratio of 9.20, a quick ratio of 6.55 and a debt-to-equity ratio of 1.18. The stock has a market cap of $4.56 billion, a P/E ratio of -162.78 and a beta of 1.93. The firm has a 50-day simple moving average of $117.82 and a two-hundred day simple moving average of $140.48.

Impinj (NASDAQ:PI – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.03. The firm had revenue of $74.25 million for the quarter, compared to analysts’ expectations of $72.53 million. Impinj had a positive return on equity of 5.67% and a negative net margin of 7.66%.The company’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter last year, the business earned $0.21 EPS. Impinj has set its Q2 2026 guidance at 0.770-0.820 EPS. Equities research analysts expect that Impinj, Inc. will post 0.28 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Impinj news, Director Sylebra Capital Llc sold 25,896 shares of the stock in a transaction on Friday, May 8th. The stock was sold at an average price of $152.73, for a total transaction of $3,955,096.08. Following the transaction, the director owned 1,070,085 shares in the company, valued at $163,434,082.05. This trade represents a 2.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Western Wealth Management LLC bought a new position in shares of Impinj in the first quarter worth $28,000. Hantz Financial Services Inc. increased its position in shares of Impinj by 90.4% in the third quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock worth $29,000 after purchasing an additional 75 shares during the period. Bessemer Group Inc. increased its position in shares of Impinj by 101.2% in the third quarter. Bessemer Group Inc. now owns 167 shares of the company’s stock worth $31,000 after purchasing an additional 84 shares during the period. Danske Bank A S bought a new position in shares of Impinj in the fourth quarter worth $35,000. Finally, Advisors Asset Management Inc. increased its position 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 period.

About Impinj

(Get Free Report)

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).