Key Points
- Sylebra Capital LLC$75.7 million, including a 50,573‑share sale on Dec. 12 for $7.415 million.
- After the sales the insider still owns 1,266,781 shares — valued at about $185.7 million — representing a 3.84% reduction in its stake.
- Impinj shares opened at $153.29, trading below the 50‑day SMA ($178.89) but near the 200‑day SMA ($158.54); analysts hold a consensus Moderate Buy with an average target of $226.33, and the company recently beat quarterly revenue and EPS estimates despite a negative net margin.
Impinj, Inc. (NASDAQ:PI - Get Free Report) insider Sylebra Capital Llc sold 50,573 shares of the business's stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $146.62, for a total value of $7,415,013.26. Following the sale, the insider owned 1,266,781 shares of the company's stock, valued at approximately $185,735,430.22. This represents a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Sylebra Capital Llc also recently made the following trade(s):
- On Thursday, December 11th, Sylebra Capital Llc sold 95,345 shares of Impinj stock. The stock was sold at an average price of $152.87, for a total transaction of $14,575,390.15.
- On Monday, December 15th, Sylebra Capital Llc sold 134,629 shares of Impinj stock. The shares were sold at an average price of $150.36, for a total transaction of $20,242,816.44.
- On Wednesday, December 10th, Sylebra Capital Llc sold 84,604 shares of Impinj stock. The stock was sold at an average price of $155.49, for a total transaction of $13,155,075.96.
- On Tuesday, December 9th, Sylebra Capital Llc sold 40 shares of Impinj stock. The stock was sold at an average price of $160.01, for a total transaction of $6,400.40.
- On Monday, December 8th, Sylebra Capital Llc sold 2,494 shares of Impinj stock. The shares were sold at an average price of $160.72, for a total value of $400,835.68.
- On Friday, December 5th, Sylebra Capital Llc sold 1,373 shares of Impinj stock. The shares were sold at an average price of $161.04, for a total value of $221,107.92.
- On Thursday, December 4th, Sylebra Capital Llc sold 3,167 shares of Impinj stock. The shares were sold at an average price of $160.59, for a total value of $508,588.53.
- On Wednesday, December 3rd, Sylebra Capital Llc sold 41,221 shares of Impinj stock. The shares were sold at an average price of $167.97, for a total value of $6,923,891.37.
- On Tuesday, December 2nd, Sylebra Capital Llc sold 41,874 shares of Impinj stock. The stock was sold at an average price of $168.23, for a total transaction of $7,044,463.02.
- On Monday, December 1st, Sylebra Capital Llc sold 31,058 shares of Impinj stock. The stock was sold at an average price of $167.02, for a total value of $5,187,307.16.
Impinj Price Performance
Shares of Impinj stock opened at $153.29 on Tuesday. The stock's 50-day simple moving average is $178.89 and its 200-day simple moving average is $158.54. The company has a market capitalization of $4.62 billion, a price-to-earnings ratio of -348.38 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.
Impinj (NASDAQ:PI - Get Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.08. Impinj had a positive return on equity of 8.15% and a negative net margin of 3.45%.The business had revenue of $96.06 million during the quarter, compared to the consensus estimate of $92.71 million. During the same period in the prior year, the company posted $0.56 EPS. The firm's revenue for the quarter 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, analysts expect that Impinj, Inc. will post -0.47 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several equities analysts recently weighed in on PI shares. Piper Sandler raised their target price on shares of Impinj from $180.00 to $230.00 and gave the company an "overweight" rating in a research note on Thursday, October 23rd. Susquehanna set a $255.00 target price on Impinj in a report on Thursday, October 30th. Cantor Fitzgerald increased their price target on Impinj from $217.00 to $246.00 and gave the company an "overweight" rating in a research note on Thursday, October 30th. Zacks Research upgraded Impinj from a "hold" rating to a "strong-buy" rating in a report on Tuesday, October 7th. Finally, Barclays upped their price objective on Impinj from $200.00 to $211.00 and gave the stock an "overweight" rating in a report on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $226.33.
View Our Latest Analysis on Impinj
Institutional Investors Weigh In On Impinj
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Swiss Life Asset Management Ltd purchased a new position in shares of Impinj in the 3rd quarter worth approximately $218,000. CIBC Bancorp USA Inc. bought a new stake in Impinj in the third quarter worth $500,000. Advisory Services Network LLC purchased a new position in Impinj during the third quarter worth $129,000. Oberweis Asset Management Inc. bought a new position in Impinj during the third quarter valued at $19,362,000. Finally, CANADA LIFE ASSURANCE Co raised its stake in shares of Impinj by 8.8% in the third quarter. CANADA LIFE ASSURANCE Co now owns 26,779 shares of the company's stock valued at $4,805,000 after acquiring an additional 2,160 shares during the period.
About Impinj
(
Get Free Report)
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.
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