Wealth Enhancement Advisory Services LLC Buys 13,759 Shares of Impinj, Inc. $PI

Key Points

• Wealth Enhancement Advisory Services LLC increased its stake in Impinj by 85.3%, buying 13,759 shares to hold 29,889 shares worth about $5.78 million (≈0.10% of the company).
• Analysts are mixed: Impinj has an average rating of "Hold" with a consensus price target of $167.63 (five Buys, two Holds, two Sells), while several firms recently adjusted targets and ratings, including cuts from Roth MKM and Barclays and a downgrade from Zacks.
• Operationally, Impinj reported Q results with EPS $0.50 (in line with estimates) and revenue of $92.85M (up 1.4% YoY), set Q1 2026 EPS guidance of 0.080–0.130, and currently trades near $98.75 with a ~$3B market cap.

Wealth Enhancement Advisory Services LLC raised its position in Impinj, Inc. (NASDAQ:PI - Free Report) by 85.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 29,889 shares of the company's stock after buying an additional 13,759 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.10% of Impinj worth $5,775,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Advisors Asset Management Inc. increased its position 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 period. Goldman Sachs Group Inc. grew its position in shares of Impinj by 10.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 279,209 shares of the company's stock worth $25,324,000 after buying an additional 26,388 shares during the period. Focus Partners Wealth bought a new stake in shares of Impinj during the first quarter worth approximately $223,000. Intech Investment Management LLC lifted its holdings in Impinj by 29.6% in the first quarter. Intech Investment Management LLC now owns 16,708 shares of the company's stock valued at $1,515,000 after buying an additional 3,812 shares during the period. Finally, Cetera Investment Advisers boosted its stake in Impinj by 36.2% in the second quarter. Cetera Investment Advisers now owns 7,846 shares of the company's stock valued at $871,000 after acquiring an additional 2,085 shares during the last quarter.

Analyst Ratings Changes

A number of research firms have recently weighed in on PI. UBS Group set a $155.00 price target on Impinj in a research note on Friday, February 6th. Roth Mkm reduced their target price on Impinj from $220.00 to $180.00 and set a "buy" rating on the stock in a report on Monday, March 16th. Susquehanna restated a "positive" rating and set a $200.00 target price on shares of Impinj in a research report on Friday, February 6th. Zacks Research downgraded shares of Impinj from a "hold" rating to a "strong sell" rating in a research report on Monday, February 9th. Finally, Barclays decreased their price objective on shares of Impinj from $175.00 to $169.00 and set an "overweight" rating for the company in a report on Monday, March 16th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Impinj currently has an average rating of "Hold" and a consensus price target of $167.63.

Impinj Stock Performance

NASDAQ PI opened at $98.75 on Monday. Impinj, Inc. has a one year low of $60.85 and a one year high of $247.06. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.68 and a quick ratio of 2.01. The firm has a market cap of $2.99 billion, a P/E ratio of -253.20 and a beta of 1.56. The stock's 50-day moving average is $122.39 and its 200-day moving average is $160.06.

Impinj (NASDAQ:PI - Get Free Report) last posted its earnings results on Thursday, February 5th. The company reported $0.50 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.50. Impinj had a positive return on equity of 8.49% and a negative net margin of 3.00%.The business had revenue of $92.85 million during the quarter, compared to analysts' expectations of $91.87 million. During the same period in the prior year, the business earned $0.48 EPS. Impinj's revenue for the quarter was up 1.4% compared to the same quarter last year. Impinj has set its Q1 2026 guidance at 0.080-0.130 EPS. Sell-side analysts anticipate that Impinj, Inc. will post -0.47 earnings per share for the current fiscal year.

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).

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