William Blair Investment Management LLC Raises Stock Holdings in Impinj, Inc. $PI

William Blair Investment Management LLC increased its position in Impinj, Inc. (NASDAQ:PI) by 5.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 212,003 shares of the company’s stock after buying an additional 11,398 shares during the quarter. William Blair Investment Management LLC owned 0.70% of Impinj worth $36,891,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in PI. Vanguard Group Inc. increased its position in Impinj by 2.5% during the 4th quarter. Vanguard Group Inc. now owns 3,465,949 shares of the company’s stock valued at $603,110,000 after purchasing an additional 85,882 shares during the period. State Street Corp increased its position in Impinj by 1.4% during the 2nd quarter. State Street Corp now owns 1,215,065 shares of the company’s stock valued at $134,957,000 after purchasing an additional 16,337 shares during the period. Invesco Ltd. increased its position in Impinj by 48.3% during the 3rd quarter. Invesco Ltd. now owns 1,209,292 shares of the company’s stock valued at $218,580,000 after purchasing an additional 393,685 shares during the period. Ameriprise Financial Inc. increased its position in Impinj by 4.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 667,592 shares of the company’s stock valued at $120,667,000 after purchasing an additional 25,908 shares during the period. Finally, Northern Trust Corp increased its position in Impinj by 1.1% during the 3rd quarter. Northern Trust Corp now owns 306,780 shares of the company’s stock valued at $55,450,000 after purchasing an additional 3,377 shares during the period.

Analysts Set New Price Targets

A number of brokerages have issued reports on PI. Barclays boosted their price objective on shares of Impinj from $169.00 to $176.00 and gave the company 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 report on Thursday, April 30th. Piper Sandler reissued a “mixed” rating and set a $180.00 price objective (down from $230.00) on shares of Impinj in a research report on Friday, February 6th. Finally, Susquehanna reissued a “positive” rating and set a $200.00 price objective on shares of Impinj in a research report on Friday, February 6th. Five equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $175.00.

Impinj Price Performance

NASDAQ:PI opened at $149.76 on Monday. The firm’s 50-day moving average price is $117.82 and its 200-day moving average price is $140.15. The company has a market capitalization of $4.56 billion, a PE ratio of -162.78 and a beta of 1.93. The company has a debt-to-equity ratio of 1.18, a current ratio of 9.20 and a quick ratio of 6.55. Impinj, Inc. has a 1-year low of $87.36 and a 1-year high of $247.06.

Impinj (NASDAQ:PI) last released its earnings results on Wednesday, April 29th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. The firm had revenue of $74.25 million for the quarter, compared to the consensus estimate of $72.53 million. Impinj had a negative net margin of 7.66% and a positive return on equity of 5.67%. The company’s revenue was down .1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.21 EPS. Impinj has set its Q2 2026 guidance at 0.770-0.820 EPS. On average, equities analysts predict that Impinj, Inc. will post 0.28 EPS for the current fiscal year.

Insider Buying and Selling 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 value of $3,955,096.08. Following the sale, the director directly 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 filing with the Securities & Exchange Commission, which is available through the SEC website. 6.80% of the stock is owned by corporate insiders.

Impinj Profile

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).