Vanguard Group Inc. Buys 85,882 Shares of Impinj, Inc. $PI

Key Points

• Vanguard Group increased its stake in Impinj by 2.5%, buying 85,882 shares to hold 3,465,949 shares (about 11.51% of the company) valued at roughly $603.1 million.
• Q2 guidance was raised sharply to $103–$106M in revenue and non‑GAAP EPS $0.77–$0.82 amid record bookings and improving demand, a backdrop that coincided with roughly a 20% stock surge and several analyst price‑target upgrades (average target ≈ $175).
• Impinj beat Q1 estimates (EPS $0.14 vs. $0.11; revenue $74.25M) but still reported a negative net margin (~‑7.7%) and essentially flat year‑over‑year revenue, indicating ongoing profitability pressure despite the positive outlook.

Vanguard Group Inc. lifted its stake in shares of Impinj, Inc. (NASDAQ:PI - Free Report) by 2.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 3,465,949 shares of the company's stock after acquiring an additional 85,882 shares during the period. Vanguard Group Inc. owned approximately 11.51% of Impinj worth $603,110,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. CoreCap Advisors LLC bought a new stake in Impinj in the third quarter worth $27,000. Hantz Financial Services Inc. lifted its stake in Impinj by 90.4% in 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. Salomon & Ludwin LLC bought a new stake in Impinj in the third quarter worth $31,000. Bessemer Group Inc. lifted its stake in Impinj by 101.2% in 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. Finally, Advisors Asset Management Inc. lifted its stake in Impinj by 39.9% in the first 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.

Impinj Price Performance

PI stock opened at $147.21 on Monday. The firm's 50-day moving average price is $108.49 and its two-hundred day moving average price is $146.87. Impinj, Inc. has a 12-month low of $87.36 and a 12-month high of $247.06. The stock has a market capitalization of $4.48 billion, a price-to-earnings ratio of -160.01 and a beta of 1.93. 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 - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.03. Impinj had a negative net margin of 7.66% and a positive return on equity of 5.67%. The company had revenue of $74.25 million for the quarter, compared to analysts' expectations of $72.53 million. During the same quarter in the previous year, the company earned $0.21 earnings per share. Impinj's quarterly 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, equities analysts predict that Impinj, Inc. will post 0.27 earnings per share for the current year.

Impinj News Summary

Here are the key news stories impacting Impinj this week:

• Positive Sentiment: Management raised Q2 guidance sharply — expects revenue of $103M–$106M and non‑GAAP EPS $0.77–$0.82, well above Street estimates; company cited an endpoint IC demand rebound. Impinj expects Q2 revenue of $103M-$106M and non-GAAP EPS of $0.77-$0.82 as endpoint IC demand rebounds
• Positive Sentiment: Company reported record bookings and guided to higher Q2 revenue while calling the outlook “prudent,” signaling improving demand visibility. Impinj posts record bookings, forecasts higher Q2 revenue with prudent outlook
• Positive Sentiment: Needham & Company reaffirmed a Buy on PI and set a $175 price target (~19% upside to the reference price), supporting analyst confidence. Impinj NASDAQ: PI Receives Buy Rating from Needham & Company LLC
• Positive Sentiment: Market reaction: multiple outlets note a roughly 20% stock surge after the stronger Q2 outlook — momentum and positive press amplified buying. Impinj surges 20% after Q2 outlook beats estimates
• Positive Sentiment: Analysts and press view the move as durable: Barron's highlights upside potential and positive analyst commentary following earnings/guidance. This Chip Maker’s Stock Is Soaring After Earnings. Analysts See 20% More Upside.
• Neutral Sentiment: Q1 results beat expectations: GAAP/non‑GAAP EPS $0.14 vs. consensus $0.11 and revenue $74.25M vs. ~$72.5M — positive beats but management emphasized cautious near‑term visibility. Impinj NASDAQ: PI earnings report and call materials
• Neutral Sentiment: Detailed earnings highlights and call transcript provide color on bookings, channel timing and inventory; useful for investors modeling recovery timing. Impinj Inc (PI) Q1 2026 Earnings Call Highlights: Record Bookings Amidst Revenue Challenges
• Negative Sentiment: Underlying business still shows weakness: revenue was essentially flat (down 0.1% YoY) and the company reported a negative net margin (~‑7.7%), signaling profitability pressures despite the beat. Impinj NASDAQ: PI Q1 results and financials

Analyst Upgrades and Downgrades

Several research firms have weighed in on PI. Needham & Company LLC reissued a "buy" rating and issued a $175.00 price target on shares of Impinj in a research note on Thursday. Wall Street Zen raised shares of Impinj from a "hold" rating to a "buy" rating in a research note on Saturday. Zacks Research downgraded shares of Impinj from a "hold" rating to a "strong sell" rating in a research note on Monday, February 9th. Susquehanna reissued a "positive" rating and issued a $200.00 price target on shares of Impinj in a research note on Friday, February 6th. Finally, UBS Group boosted their price target on shares of Impinj from $155.00 to $175.00 and gave the stock a "neutral" rating in a research note on Thursday. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $175.00.

Impinj Company 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).

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