SG Americas Securities LLC Has $2.64 Million Holdings in Impinj, Inc. $PI

SG Americas Securities LLC increased its holdings in Impinj, Inc. (NASDAQ:PI) by 241.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,743 shares of the company’s stock after purchasing an additional 18,195 shares during the quarter. SG Americas Securities LLC’s holdings in Impinj were worth $2,644,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Danske Bank A S acquired a new position in Impinj during the 4th quarter worth about $35,000. Advisors Asset Management Inc. increased its stake in shares of Impinj by 39.9% in the first quarter. Advisors Asset Management Inc. now owns 491 shares of the company’s stock valued at $45,000 after buying an additional 140 shares during the period. Daiwa Securities Group Inc. raised its position in shares of Impinj by 41.7% during the fourth quarter. Daiwa Securities Group Inc. now owns 340 shares of the company’s stock worth $59,000 after acquiring an additional 100 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Impinj during the fourth quarter worth about $60,000. Finally, Larson Financial Group LLC lifted its stake in shares of Impinj by 7,100.0% in the fourth quarter. Larson Financial Group LLC now owns 360 shares of the company’s stock worth $63,000 after acquiring an additional 355 shares during the period.

Analyst Upgrades and Downgrades

Several brokerages recently commented on PI. Weiss Ratings cut Impinj from a “sell (d)” rating to a “sell (e+)” rating in a report on Monday, May 4th. Evercore set a $144.00 price objective on shares of Impinj in a research note on Thursday, April 30th. Zacks Research upgraded shares of Impinj from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Barclays lifted their target price on shares of Impinj from $169.00 to $176.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Finally, Wall Street Zen raised shares of Impinj from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Five research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $175.00.

Impinj Price Performance

Shares of NASDAQ PI opened at $143.23 on Wednesday. The firm’s 50-day moving average price is $136.34 and its 200-day moving average price is $135.70. Impinj, Inc. has a 1-year low of $87.36 and a 1-year high of $247.06. The firm has a market capitalization of $4.36 billion, a P/E ratio of -155.68 and a beta of 1.91. The company has a current ratio of 9.20, a quick ratio of 6.55 and a debt-to-equity ratio of 1.18.

Impinj (NASDAQ:PI) last issued 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 company had revenue of $74.25 million during the quarter, compared to the consensus estimate of $72.53 million. During the same period last year, the business posted $0.21 EPS. The firm’s revenue for the quarter was down .1% compared to the same quarter last year. Impinj has set its Q2 2026 guidance at 0.770-0.820 EPS. Equities research analysts anticipate that Impinj, Inc. will post 0.28 earnings per share for the current fiscal year.

Insider Transactions at Impinj

In other Impinj news, Director Sylebra Capital Llc sold 48,504 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $150.78, for a total value of $7,313,433.12. Following the completion of the sale, the director owned 973,667 shares of the company’s stock, valued at approximately $146,809,510.26. This trade represents a 4.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold a total of 265,124 shares of company stock valued at $36,565,887 in the last 90 days. 6.80% of the stock is currently owned by corporate insiders.

Impinj 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).