Lisanti Capital Growth LLC Sells 9,945 Shares of Impinj, Inc. $PI

Lisanti Capital Growth LLC lessened its holdings in Impinj, Inc. (NASDAQ:PI) by 26.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,406 shares of the company’s stock after selling 9,945 shares during the period. Lisanti Capital Growth LLC’s holdings in Impinj were worth $4,769,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hantz Financial Services Inc. grew its holdings in shares of Impinj by 90.4% during the third quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock worth $29,000 after purchasing an additional 75 shares during the last quarter. Bessemer Group Inc. grew its holdings in shares of Impinj by 101.2% during the third quarter. Bessemer Group Inc. now owns 167 shares of the company’s stock worth $31,000 after purchasing an additional 84 shares during the last quarter. Danske Bank A S bought a new stake in shares of Impinj during the fourth quarter worth about $35,000. Rothschild Investment LLC grew its holdings in shares of Impinj by 572.5% during the third quarter. Rothschild Investment LLC now owns 269 shares of the company’s stock worth $49,000 after purchasing an additional 229 shares during the last quarter. Finally, Larson Financial Group LLC grew its holdings in shares of Impinj by 7,100.0% during the fourth quarter. Larson Financial Group LLC now owns 360 shares of the company’s stock worth $63,000 after purchasing an additional 355 shares during the last quarter.

Insider Buying and Selling

In related news, Director Sylebra Capital Llc sold 25,896 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $152.73, for a total value of $3,955,096.08. Following the sale, the director directly owned 1,070,085 shares in the company, valued at $163,434,082.05. This represents a 2.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 6.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Susquehanna restated a “positive” rating and set a $200.00 price target on shares of Impinj in a report on Friday, February 6th. Evercore set a $144.00 price target on Impinj in a report on Thursday, April 30th. Roth Mkm reduced their price target on Impinj from $220.00 to $180.00 and set a “buy” rating on the stock in a report on Monday, March 16th. Needham & Company LLC restated a “buy” rating and set a $175.00 price target on shares of Impinj in a report on Thursday, April 30th. Finally, Weiss Ratings cut Impinj from a “sell (d)” rating to a “sell (e+)” rating in a report on Monday, May 4th. Five equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $175.00.

Impinj Stock Performance

Shares of PI stock opened at $149.76 on Friday. The business’s 50 day simple moving average is $117.82 and its 200 day simple moving average is $140.48. Impinj, Inc. has a one year low of $87.36 and a one year high of $247.06. The stock has a market capitalization of $4.56 billion, a PE ratio of -162.78 and a beta of 1.93. The company has a debt-to-equity ratio of 1.18, a current ratio of 9.20 and a quick ratio of 6.55.

Impinj (NASDAQ:PI) last announced its earnings results on Wednesday, April 29th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.11 by $0.03. Impinj had a positive return on equity of 5.67% and a negative net margin of 7.66%.The business had revenue of $74.25 million for the quarter, compared to analysts’ expectations of $72.53 million. During the same period in the prior year, the business posted $0.21 earnings per share. The firm’s revenue was down .1% on a year-over-year basis. Impinj has set its Q2 2026 guidance at 0.770-0.820 EPS. As a group, research analysts forecast that Impinj, Inc. will post 0.28 earnings per share for the current year.

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).