108,475 Shares in Impinj, Inc. $PI Acquired by Duquesne Family Office LLC

Key Points

• Duquesne Family Office LLC has acquired 108,475 shares of Impinj, Inc., valued at approximately $9.84 million, representing about 0.37% ownership.
• Several analysts have recently raised their price targets for Impinj, with a consensus target of $163.29 and most ratings indicating a "Buy" or "Overweight" stance.
• Impinj reported earnings of $0.80 per share, surpassing analyst expectations, and projected Q3 2025 guidance of 0.470-0.510 EPS.

Duquesne Family Office LLC acquired a new stake in Impinj, Inc. (NASDAQ:PI - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The firm acquired 108,475 shares of the company's stock, valued at approximately $9,839,000. Duquesne Family Office LLC owned about 0.37% of Impinj as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Banque Transatlantique SA purchased a new stake in Impinj in the 1st quarter valued at about $29,000. Advisors Asset Management Inc. increased its stake in shares of Impinj by 39.9% during the 1st quarter. Advisors Asset Management Inc. now owns 491 shares of the company's stock worth $45,000 after purchasing an additional 140 shares during the last quarter. AWM Investment Company Inc. increased its stake in shares of Impinj by 23.1% during the 1st quarter. AWM Investment Company Inc. now owns 218,171 shares of the company's stock worth $19,788,000 after purchasing an additional 41,000 shares during the last quarter. EP Wealth Advisors LLC increased its stake in shares of Impinj by 40.9% during the 1st quarter. EP Wealth Advisors LLC now owns 2,287 shares of the company's stock worth $207,000 after purchasing an additional 664 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC increased its stake in shares of Impinj by 157.0% during the 1st quarter. Campbell & CO Investment Adviser LLC now owns 14,925 shares of the company's stock worth $1,354,000 after purchasing an additional 9,117 shares during the last quarter.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on PI. Needham & Company LLC raised their price target on shares of Impinj from $115.00 to $165.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Cantor Fitzgerald boosted their price objective on Impinj from $133.00 to $158.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Susquehanna raised their price target on shares of Impinj from $130.00 to $140.00 and gave the company a "positive" rating in a report on Tuesday, July 22nd. Finally, Piper Sandler raised their price target on shares of Impinj from $140.00 to $180.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $163.29.

Impinj Trading Up 5.1%

PI traded up $9.76 on Monday, reaching $200.78. 750,437 shares of the company traded hands, compared to its average volume of 626,450. Impinj, Inc. has a one year low of $60.85 and a one year high of $239.88. The firm has a fifty day simple moving average of $146.39 and a two-hundred day simple moving average of $114.01. The company has a market cap of $5.84 billion, a P/E ratio of 20,098.10 and a beta of 1.81. 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 (NASDAQ:PI - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.80 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.08. The company had revenue of $97.89 million during the quarter, compared to analyst estimates of $93.78 million. Impinj had a net margin of 0.18% and a return on equity of 8.14%. The firm's revenue for the quarter was down 4.5% on a year-over-year basis. During the same quarter last year, the business posted $0.83 EPS. Impinj has set its Q3 2025 guidance at 0.470-0.510 EPS. As a group, equities research analysts expect that Impinj, Inc. will post -0.47 earnings per share for the current year.

Insider Buying and Selling

In other Impinj news, CEO Chris Ph.D. Diorio sold 5,000 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $180.64, for a total transaction of $903,200.00. Following the transaction, the chief executive officer owned 351,109 shares of the company's stock, valued at approximately $63,424,329.76. This trade represents a 1.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 51.00% of the company's stock.

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.