U.S. Capital Wealth Advisors LLC Sells 3,985 Shares of Impinj, Inc. $PI

U.S. Capital Wealth Advisors LLC reduced its stake in Impinj, Inc. (NASDAQ:PI) by 57.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,900 shares of the company’s stock after selling 3,985 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in Impinj were worth $524,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. GAMMA Investing LLC boosted its holdings in shares of Impinj by 3.5% in the third quarter. GAMMA Investing LLC now owns 1,679 shares of the company’s stock valued at $303,000 after purchasing an additional 57 shares during the period. Praxis Investment Management Inc. purchased a new position in Impinj during the 3rd quarter worth $211,000. Corient Private Wealth LLC raised its position in Impinj by 35.3% during the 2nd quarter. Corient Private Wealth LLC now owns 3,699 shares of the company’s stock valued at $411,000 after purchasing an additional 966 shares in the last quarter. Public Sector Pension Investment Board lifted its holdings in shares of Impinj by 9.2% in the 2nd quarter. Public Sector Pension Investment Board now owns 80,011 shares of the company’s stock worth $8,887,000 after buying an additional 6,711 shares during the period. Finally, CANADA LIFE ASSURANCE Co grew its position in shares of Impinj by 0.9% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 24,619 shares of the company’s stock worth $2,733,000 after buying an additional 222 shares in the last quarter.

Impinj Trading Down 3.5%

NASDAQ PI opened at $171.99 on Wednesday. The firm has a market cap of $5.18 billion, a PE ratio of -390.88 and a beta of 1.50. Impinj, Inc. has a 52 week low of $60.85 and a 52 week high of $247.06. 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 company has a 50 day moving average price of $175.46 and a 200 day moving average price of $160.82.

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 8.15%. The business 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 company earned $0.56 earnings per share. The business’s revenue for the quarter 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 forecast that Impinj, Inc. will post -0.47 EPS for the current fiscal year.

Insider Transactions at Impinj

In other Impinj news, insider Sylebra Capital Llc sold 134,629 shares of the stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $150.36, for a total value of $20,242,816.44. Following the completion of the sale, the insider directly owned 1,132,152 shares in the company, valued at approximately $170,230,374.72. This trade 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 the SEC website. Over the last quarter, insiders sold 697,450 shares of company stock worth $110,643,153. Corporate insiders own 51.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on PI. Cantor Fitzgerald lifted their price objective on Impinj from $217.00 to $246.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Roth Capital restated a “buy” rating and issued a $235.00 price target on shares of Impinj in a report on Thursday, October 30th. Zacks Research raised shares of Impinj from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Evercore ISI lifted their price objective on shares of Impinj from $236.00 to $273.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Finally, Barclays boosted their price objective 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. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Impinj presently has a consensus rating of “Moderate Buy” and a consensus price target of $226.33.

Impinj Company Profile

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).