New York State Common Retirement Fund Buys 6,181 Shares of Impinj, Inc. $PI

New York State Common Retirement Fund increased its stake in shares of Impinj, Inc. (NASDAQ:PI) by 30.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 26,659 shares of the company’s stock after purchasing an additional 6,181 shares during the quarter. New York State Common Retirement Fund’s holdings in Impinj were worth $4,819,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. DLD Asset Management LP purchased a new position in Impinj during the 2nd quarter valued at $1,332,840,000. Granite Investment Partners LLC bought a new stake in shares of Impinj during the second quarter worth $12,160,000. Bank of America Corp DE boosted its stake in shares of Impinj by 180.9% during the second quarter. Bank of America Corp DE now owns 159,592 shares of the company’s stock valued at $17,726,000 after purchasing an additional 102,779 shares during the period. Norges Bank bought a new position in shares of Impinj in the second quarter worth about $10,161,000. Finally, Wasatch Advisors LP bought a new position in shares of Impinj in the second quarter worth about $8,715,000.

More Impinj News

Here are the key news stories impacting Impinj this week:

• Positive Sentiment: Q4 results were roughly in line: GAAP EPS of $0.50 matched consensus and revenue of ~$92.9M slightly beat estimates — evidence the core business remains profitable and growing modestly. Impinj Reports Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Analysts still see upside despite cuts: Needham kept a buy rating (PT lowered to $175) and Piper Sandler maintained a mixed rating (PT lowered to $180), indicating some investors/analysts view the pullback as a buying opportunity. Needham price target note
• Neutral Sentiment: Longer‑term demand drivers remain: analysts and company commentary point to ongoing retail RFID mandates and secular adoption that support multi‑year growth, but these are balanced by short‑term execution risks. Retail mandates fuel RFID push
• Negative Sentiment: Q1 2026 revenue guidance came in at $71M–$74M versus Street estimates near $89.7M — a big short‑term miss that is the primary driver of the selloff. Impinj outlines Q1 2026 revenue target
• Negative Sentiment: Management flagged an inventory transition and the rollout of custom chips that will depress near‑term shipments and cash flow (inventory “burn” and muted guidance highlighted in analyst/deep‑dive pieces). PI Q4 Deep Dive: Inventory Burn, Custom Chips, and Muted Guidance
• Negative Sentiment: Immediate market reaction was severe: multiple outlets report a sharp intraday drop and elevated volume as investors reprice the company around the weaker near‑term outlook; several firms cut price targets. Impinj Stock Falls on 4Q Earnings Miss

Impinj Stock Down 24.6%

Impinj stock opened at $116.04 on Friday. The company has a quick ratio of 1.97, a current ratio of 2.67 and a debt-to-equity ratio of 0.94. The firm has a market cap of $3.49 billion, a P/E ratio of -297.53 and a beta of 1.56. The business has a fifty day moving average of $167.15 and a two-hundred day moving average of $173.45. Impinj, Inc. has a twelve month low of $60.85 and a twelve month high of $247.06.

Impinj (NASDAQ:PI) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.50 EPS for the quarter, hitting the consensus estimate of $0.50. The firm had revenue of $92.85 million during the quarter, compared to analyst estimates of $91.87 million. Impinj had a positive return on equity of 8.82% and a negative net margin of 3.00%.The business’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.48 EPS. Impinj has set its Q1 2026 guidance at 0.080-0.130 EPS. On average, analysts forecast that Impinj, Inc. will post -0.47 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Impinj news, insider Sylebra Capital Llc sold 134,629 shares of the stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $150.36, for a total transaction of $20,242,816.44. Following the completion of the sale, the insider directly owned 1,132,152 shares of the company’s stock, valued at approximately $170,230,374.72. This represents a 10.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders have sold 666,192 shares of company stock valued at $105,288,457 in the last ninety days. Insiders own 12.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on PI. Roth Mkm set a $220.00 price target on shares of Impinj in a research note on Friday. Evercore restated an “in-line” rating and set a $112.00 price objective (down from $273.00) on shares of Impinj in a report on Friday. Piper Sandler reiterated a “mixed” rating and issued a $180.00 target price (down from $230.00) on shares of Impinj in a report on Friday. Susquehanna restated a “positive” rating and set a $200.00 price target on shares of Impinj in a research note on Friday. Finally, Barclays decreased their price objective on Impinj from $211.00 to $175.00 and set an “overweight” rating for the company in a report on Friday. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $166.56.

About Impinj

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).