Impinj (NASDAQ:PI) Insider Sylebra Capital Llc Sells 46,110 Shares of Stock

Impinj, Inc. (NASDAQ:PI) insider Sylebra Capital Llc sold 46,110 shares of Impinj stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $167.73, for a total transaction of $7,734,030.30. Following the completion of the sale, the insider directly owned 1,675,383 shares in the company, valued at approximately $281,011,990.59. The trade was a 2.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• 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 transaction of $5,093,787.84.
• On Friday, November 21st, Sylebra Capital Llc sold 3,046 shares of Impinj stock. The stock was 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 shares were sold at an average price of $156.32, for a total value of $1,263,221.92.
• On Wednesday, November 12th, Sylebra Capital Llc sold 3,772 shares of Impinj stock. The stock was sold at an average price of $156.30, for a total value 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 value of $4,668,900.00.
• On Friday, November 7th, Sylebra Capital Llc sold 6,246 shares of Impinj stock. The stock was sold at an average price of $162.16, for a total transaction of $1,012,851.36.
• On Thursday, November 6th, Sylebra Capital Llc sold 23,157 shares of Impinj stock. The shares were sold at an average price of $171.95, for a total transaction of $3,981,846.15.
• On Monday, November 3rd, Sylebra Capital Llc sold 1,513 shares of Impinj stock. The stock was sold at an average price of $202.01, for a total transaction of $305,641.13.
• On Wednesday, September 10th, Sylebra Capital Llc sold 300,000 shares of Impinj stock. The shares were sold at an average price of $196.24, for a total transaction of $58,872,000.00.

Impinj Price Performance

PI stock opened at $172.81 on Thursday. The firm has a 50 day moving average of $185.47 and a 200-day moving average of $154.47. The company has a market cap of $5.20 billion, a price-to-earnings ratio of -392.74 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 12-month low of $60.85 and a 12-month high of $247.06.

Impinj (NASDAQ:PI) last released its quarterly earnings data on Wednesday, October 29th. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.08. The firm had revenue of $96.06 million during the quarter, compared to the consensus estimate of $92.71 million. Impinj had a positive return on equity of 8.50% and a negative net margin of 3.45%.Impinj’s quarterly revenue was up .9% on a year-over-year basis. During the same period last year, the business posted $0.56 EPS. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. As a group, equities analysts expect that Impinj, Inc. will post -0.47 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently commented on PI. Cantor Fitzgerald boosted their price objective on shares of Impinj from $217.00 to $246.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Zacks Research raised shares of Impinj from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 7th. Needham & Company LLC raised their price objective on shares of Impinj from $195.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. UBS Group started coverage on Impinj in a report on Friday, November 7th. They set a “neutral” rating and a $200.00 target price on the stock. Finally, Evercore ISI boosted their price target on Impinj from $236.00 to $273.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $226.33.

Institutional Investors Weigh In On Impinj

A number of hedge funds and other institutional investors have recently made changes to their positions in PI. GAMMA Investing LLC lifted its position in Impinj by 3.5% during the third quarter. GAMMA Investing LLC now owns 1,679 shares of the company’s stock worth $303,000 after buying an additional 57 shares during the period. Wealth Enhancement Advisory Services LLC increased 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 worth $3,113,000 after purchasing an additional 66 shares during the last quarter. Amalgamated Bank raised its stake in Impinj by 1.1% during the second 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. boosted its holdings in shares of Impinj by 90.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock valued at $29,000 after purchasing an additional 75 shares during the last quarter. Finally, Bessemer Group Inc. grew its stake 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 buying an additional 84 shares during the period.

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.