Capital Fund Management S.A. Increases Stock Position in Impinj, Inc. $PI

Key Points

• Capital Fund Management S.A. increased its stake in Impinj, Inc. by 593.7%, owning 86,010 shares valued at approximately $7.8 million as of its latest SEC filing.
• Analysts have raised their price targets for Impinj, with Cantor Fitzgerald setting a new target of $158, contributing to a consensus target price of $163.29.
• Impinj reported earnings of $0.80 EPS for the last quarter, exceeding expectations and setting a Q3 2025 guidance of 0.470-0.510 EPS.

Capital Fund Management S.A. boosted its stake in Impinj, Inc. (NASDAQ:PI - Free Report) by 593.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,010 shares of the company's stock after purchasing an additional 73,612 shares during the quarter. Capital Fund Management S.A. owned about 0.30% of Impinj worth $7,801,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Mercer Global Advisors Inc. ADV raised its stake in shares of Impinj by 6.9% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 1,641 shares of the company's stock worth $238,000 after acquiring an additional 106 shares in the last quarter. Versant Capital Management Inc raised its stake in shares of Impinj by 7.2% during the first quarter. Versant Capital Management Inc now owns 2,237 shares of the company's stock worth $203,000 after acquiring an additional 150 shares in the last quarter. SBI Securities Co. Ltd. raised its stake in shares of Impinj by 75.3% during the first quarter. SBI Securities Co. Ltd. now owns 398 shares of the company's stock worth $36,000 after acquiring an additional 171 shares in the last quarter. CWM LLC raised its stake in shares of Impinj by 3.3% during the first quarter. CWM LLC now owns 5,818 shares of the company's stock worth $528,000 after acquiring an additional 185 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Impinj during the fourth quarter worth approximately $29,000.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Cantor Fitzgerald lifted their price target on shares of Impinj from $133.00 to $158.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Evercore ISI lifted their price target on shares of Impinj from $99.00 to $117.00 and gave the stock an "outperform" rating in a research note on Thursday, April 24th. Piper Sandler lifted their price target on shares of Impinj from $140.00 to $180.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Needham & Company LLC lifted 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. Finally, Susquehanna lifted their price target on shares of Impinj from $130.00 to $140.00 and gave the stock a "positive" rating in a research note on Tuesday, July 22nd. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $163.29.

Impinj Stock Up 2.1%

Shares of NASDAQ PI opened at $168.21 on Friday. 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, Inc. has a 52 week low of $60.85 and a 52 week high of $239.88. The firm's fifty day moving average is $128.90 and its 200 day moving average is $108.03. The company has a market cap of $4.89 billion, a price-to-earnings ratio of 16,837.84 and a beta of 1.74.

Impinj (NASDAQ:PI - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.72 by $0.08. The company had revenue of $97.89 million for the quarter, compared to the consensus estimate 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 period in the previous year, the firm earned $0.83 earnings per share. Impinj has set its Q3 2025 guidance at 0.470-0.510 EPS. On average, equities research analysts expect that Impinj, Inc. will post -0.47 earnings per share for the current year.

Impinj 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.

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