Impinj (NASDAQ:PI) Insider Sylebra Capital Llc Sells 1,373 Shares of Stock

Impinj, Inc. (NASDAQ:PI) insider Sylebra Capital Llc sold 1,373 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $161.04, for a total transaction of $221,107.92. Following the transaction, the insider owned 1,499,837 shares of the company’s stock, valued at approximately $241,533,750.48. This represents a 0.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Sylebra Capital Llc also recently made the following trade(s):

• On Thursday, December 4th, Sylebra Capital Llc sold 3,167 shares of Impinj stock. The shares were sold at an average price of $160.59, for a total transaction of $508,588.53.
• On Wednesday, December 3rd, Sylebra Capital Llc sold 41,221 shares of Impinj stock. The stock was sold at an average price of $167.97, for a total transaction of $6,923,891.37.
• On Tuesday, December 2nd, Sylebra Capital Llc sold 41,874 shares of Impinj stock. The stock was sold at an average price of $168.23, for a total transaction of $7,044,463.02.
• On Monday, December 1st, Sylebra Capital Llc sold 31,058 shares of Impinj stock. The shares were sold at an average price of $167.02, for a total value of $5,187,307.16.
• On Friday, November 28th, Sylebra Capital Llc sold 22,297 shares of Impinj stock. The shares were sold at an average price of $172.62, for a total value of $3,848,908.14.
• On Wednesday, November 26th, Sylebra Capital Llc sold 34,556 shares of Impinj stock. The stock was sold at an average price of $171.80, for a total value of $5,936,720.80.
• On Tuesday, November 25th, Sylebra Capital Llc sold 46,110 shares of Impinj stock. The stock was sold at an average price of $167.73, for a total value of $7,734,030.30.
• On Monday, November 24th, Sylebra Capital Llc sold 31,952 shares of Impinj stock. The shares were sold at an average price of $159.42, for a total value of $5,093,787.84.
• On Friday, November 21st, Sylebra Capital Llc sold 3,046 shares of Impinj stock. The shares were sold at an average price of $155.10, for a total value of $472,434.60.
• On Thursday, November 20th, Sylebra Capital Llc sold 8,081 shares of Impinj stock. The stock was sold at an average price of $156.32, for a total value of $1,263,221.92.

Impinj Stock Performance

Impinj stock opened at $158.26 on Friday. The business has a 50 day moving average of $182.52 and a 200-day moving average of $156.37. The company has a market capitalization of $4.77 billion, a P/E ratio of -359.67 and a beta of 1.50. Impinj, Inc. has a 1 year low of $60.85 and a 1 year high of $247.06. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.67 and a quick ratio of 1.97.

Impinj (NASDAQ:PI) last posted its earnings results on Wednesday, October 29th. The company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.08. Impinj had a negative net margin of 3.45% and a positive return on equity of 8.15%. The firm had revenue of $96.06 million for the quarter, compared to analyst estimates of $92.71 million. During the same period in the previous year, the firm posted $0.56 EPS. The company’s revenue for the quarter was up .9% compared to the same quarter last year. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. On average, equities research analysts predict that Impinj, Inc. will post -0.47 earnings per share for the current year.

Institutional Trading of Impinj

A number of large investors have recently bought and sold shares of the business. CoreCap Advisors LLC acquired a new stake in Impinj during the third quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Impinj during the 2nd quarter worth approximately $28,000. Banque Transatlantique SA acquired a new stake in shares of Impinj during the 1st quarter worth approximately $29,000. Hantz Financial Services Inc. grew its position in shares of Impinj by 90.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock worth $29,000 after buying an additional 75 shares during the period. Finally, Salomon & Ludwin LLC bought a new stake in shares of Impinj in the 3rd quarter valued at $31,000.

Wall Street Analyst Weigh In

PI has been the subject of a number of recent research reports. Roth Capital restated a “buy” rating and issued a $235.00 price objective on shares of Impinj in a report on Thursday, October 30th. Susquehanna set a $255.00 target price on Impinj in a report on Thursday, October 30th. Weiss Ratings reiterated a “sell (d)” rating on shares of Impinj in a research report on Wednesday, October 8th. Wall Street Zen downgraded Impinj from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Finally, Zacks Research raised Impinj from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Impinj has a consensus rating of “Moderate Buy” and an average target price of $226.33.

About Impinj

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.