Olympiad Research LP Buys New Stake in Impinj, Inc. $PI

Olympiad Research LP bought a new stake in shares of Impinj, Inc. (NASDAQ:PI) during the second quarter, HoldingsChannel reports. The fund bought 2,726 shares of the company’s stock, valued at approximately $303,000.

Several other hedge funds also recently bought and sold shares of PI. Amalgamated Bank lifted its position in shares of Impinj by 1.1% in the second quarter. Amalgamated Bank now owns 6,670 shares of the company’s stock valued at $741,000 after acquiring an additional 74 shares in the last quarter. Advisors Asset Management Inc. grew its holdings in shares of Impinj by 39.9% during the first quarter. Advisors Asset Management Inc. now owns 491 shares of the company’s stock worth $45,000 after buying an additional 140 shares in the last quarter. Maryland State Retirement & Pension System raised its position in shares of Impinj by 2.5% in the second quarter. Maryland State Retirement & Pension System now owns 6,899 shares of the company’s stock valued at $766,000 after buying an additional 167 shares during the last quarter. SBI Securities Co. Ltd. lifted its stake in shares of Impinj by 75.3% during the first quarter. SBI Securities Co. Ltd. now owns 398 shares of the company’s stock valued at $36,000 after buying an additional 171 shares during the period. Finally, Teacher Retirement System of Texas boosted its position in Impinj by 4.9% during the second quarter. Teacher Retirement System of Texas now owns 3,889 shares of the company’s stock worth $432,000 after acquiring an additional 181 shares during the last quarter.

Insider Buying and Selling at Impinj

In other Impinj news, insider Sylebra Capital Llc sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $155.63, for a total value of $4,668,900.00. Following the transaction, the insider directly owned 1,768,344 shares of the company’s stock, valued at $275,207,376.72. This represents a 1.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Chris Ph.D. Diorio sold 4,096 shares of the firm’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $187.63, for a total transaction of $768,532.48. Following the sale, the chief executive officer directly owned 297,013 shares of the company’s stock, valued at $55,728,549.19. The trade was a 1.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 385,354 shares of company stock worth $73,377,429 in the last 90 days. 51.00% of the stock is owned by corporate insiders.

Impinj Stock Down 6.1%

NASDAQ PI opened at $143.68 on Friday. The stock has a market cap of $4.33 billion, a PE ratio of -326.54 and a beta of 1.83. The business has a 50 day moving average price of $192.22 and a two-hundred day moving average price of $150.47. The company has a quick ratio of 8.44, a current ratio of 11.64 and a debt-to-equity ratio of 1.51. Impinj, Inc. has a fifty-two week low of $60.85 and a fifty-two week high of $247.06.

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

Analysts Set New Price Targets

A number of brokerages have issued reports on PI. UBS Group began coverage on Impinj in a research note on Friday, November 7th. They issued a “neutral” rating and a $200.00 price target on the stock. Susquehanna set a $255.00 target price on shares of Impinj in a research report on Thursday, October 30th. Needham & Company LLC boosted their target price on shares of Impinj from $195.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Barclays increased their price target on shares of Impinj from $200.00 to $211.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 5th. Finally, Cantor Fitzgerald lifted their price objective on Impinj from $217.00 to $246.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $226.33.

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.