Campbell & CO Investment Adviser LLC Has $1.35 Million Stake in Impinj, Inc. $PI

Key Points

• Campbell & CO Investment Adviser LLC increased its holdings in Impinj, Inc. by 157.0%, owning roughly $1.35 million worth of shares after purchasing an additional 9,117 shares.
• Impinj recently reported quarterly earnings of $0.80 per share, exceeding analysts' expectations, and projected guidance of 0.470-0.510 EPS for Q3 2025.
• Analyst ratings for Impinj have improved, with target price increases from several firms, including a raise to $180.00 from Piper Sandler, with a consensus average target of $163.29.

Campbell & CO Investment Adviser LLC lifted its stake in shares of Impinj, Inc. (NASDAQ:PI - Free Report) by 157.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,925 shares of the company's stock after acquiring an additional 9,117 shares during the quarter. Campbell & CO Investment Adviser LLC owned about 0.05% of Impinj worth $1,354,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in PI. Cambridge Investment Research Advisors Inc. boosted its position in Impinj by 7.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 8,169 shares of the company's stock worth $741,000 after purchasing an additional 535 shares during the period. KBC Group NV raised its position in shares of Impinj by 35.0% in the first quarter. KBC Group NV now owns 1,227 shares of the company's stock valued at $111,000 after purchasing an additional 318 shares during the period. GAMMA Investing LLC lifted its stake in shares of Impinj by 68.7% in the first quarter. GAMMA Investing LLC now owns 722 shares of the company's stock worth $65,000 after buying an additional 294 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in shares of Impinj by 46.3% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 3,083 shares of the company's stock worth $280,000 after buying an additional 975 shares during the period. Finally, CWM LLC boosted its holdings in shares of Impinj by 3.3% during the 1st quarter. CWM LLC now owns 5,818 shares of the company's stock worth $528,000 after buying an additional 185 shares during the period.

Insider Buying and Selling at Impinj

In related news, CEO Chris Ph.D. Diorio sold 5,000 shares of the company's stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $187.79, for a total value of $938,950.00. Following the sale, the chief executive officer owned 361,109 shares of the company's stock, valued at $67,812,659.11. The trade was a 1.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 12.40% of the company's stock.

Analysts Set New Price Targets

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

Impinj Stock Performance

PI traded down $3.09 on Friday, hitting $187.47. 256,079 shares of the stock traded hands, compared to its average volume of 471,841. The business has a fifty day moving average price of $138.30 and a two-hundred day moving average price of $110.96. The company has a current ratio of 11.64, a quick ratio of 8.44 and a debt-to-equity ratio of 1.51. The firm has a market capitalization of $5.45 billion, a PE ratio of 18,765.77 and a beta of 1.74. Impinj, Inc. has a 52 week low of $60.85 and a 52 week high of $239.88.

Impinj (NASDAQ:PI - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $0.80 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.08. Impinj had a return on equity of 8.14% and a net margin of 0.18%.The business had revenue of $97.89 million during the quarter, compared to analyst estimates of $93.78 million. During the same period in the prior year, the company posted $0.83 earnings per share. Impinj's revenue was down 4.5% on a year-over-year basis. Impinj has set its Q3 2025 guidance at 0.470-0.510 EPS. On average, research analysts predict that Impinj, Inc. will post -0.47 EPS for the current fiscal year.

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.