Impinj (NASDAQ:PI) Insider Sylebra Capital Llc Sells 31,058 Shares

Impinj, Inc. (NASDAQ:PI) insider Sylebra Capital Llc sold 31,058 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $167.02, for a total transaction of $5,187,307.16. Following the completion of the sale, the insider owned 1,587,472 shares in the company, valued at approximately $265,139,573.44. The trade was a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Tuesday, December 2nd, Sylebra Capital Llc sold 41,874 shares of Impinj stock. The shares were sold at an average price of $168.23, for a total value of $7,044,463.02.
• On Friday, November 28th, Sylebra Capital Llc sold 22,297 shares of Impinj stock. The stock was sold at an average price of $172.62, for a total transaction 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 transaction 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 transaction of $1,263,221.92.
• On Wednesday, November 12th, Sylebra Capital Llc sold 3,772 shares of Impinj stock. The shares were sold at an average price of $156.30, for a total transaction of $589,563.60.
• On Tuesday, November 11th, Sylebra Capital Llc sold 30,000 shares of Impinj stock. The stock was sold at an average price of $155.63, for a total transaction of $4,668,900.00.
• On Friday, November 7th, Sylebra Capital Llc sold 6,246 shares of Impinj stock. The shares were sold at an average price of $162.16, for a total value of $1,012,851.36.

Impinj Price Performance

NASDAQ PI traded down $3.87 on Wednesday, reaching $164.18. 637,363 shares of the company’s stock traded hands, compared to its average volume of 608,596. Impinj, Inc. has a 12 month low of $60.85 and a 12 month 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. The stock has a 50-day simple moving average of $183.30 and a 200 day simple moving average of $156.13. The stock has a market cap of $4.94 billion, a PE ratio of -373.13 and a beta of 1.50.

Impinj (NASDAQ:PI) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $0.58 earnings per share (EPS) for the quarter, beating 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 business had revenue of $96.06 million for the quarter, compared to the consensus estimate of $92.71 million. During the same period in the previous year, the firm earned $0.56 EPS. The company’s quarterly revenue was up .9% compared to the same quarter last year. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. As a group, research analysts predict that Impinj, Inc. will post -0.47 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Roth Capital reiterated a “buy” rating and set a $235.00 price objective on shares of Impinj in a research note on Thursday, October 30th. Needham & Company LLC upped their target price on shares of Impinj from $195.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Susquehanna set a $255.00 price target on Impinj in a research note on Thursday, October 30th. Barclays increased their target price on Impinj from $200.00 to $211.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 5th. Finally, Wall Street Zen downgraded Impinj from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Impinj currently has an average rating of “Moderate Buy” and a consensus target price of $226.33.

Institutional Trading of Impinj

Several large investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its position in Impinj by 3.5% during the third quarter. GAMMA Investing LLC now owns 1,679 shares of the company’s stock valued at $303,000 after acquiring an additional 57 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Impinj by 0.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 16,130 shares of the company’s stock valued at $3,113,000 after buying an additional 66 shares during the period. Amalgamated Bank raised its holdings in shares of Impinj by 1.1% in the 2nd quarter. Amalgamated Bank now owns 6,670 shares of the company’s stock worth $741,000 after purchasing an additional 74 shares during the period. Hantz Financial Services Inc. raised its holdings in Impinj by 90.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock valued at $29,000 after acquiring an additional 75 shares during the period. Finally, Bessemer Group Inc. grew its position in shares of Impinj by 101.2% during the 3rd quarter. Bessemer Group Inc. now owns 167 shares of the company’s stock valued at $31,000 after purchasing an additional 84 shares in the last quarter.

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.