NASDAQ:PI - IMPINJ Stock Price, News, Headlines & Rumors

IMPINJ trades on the NASDAQ under the ticker symbol "PI."

IMPINJ Inc (NASDAQ:PI) issued its earnings results on Monday, May, 7th. The company reported ($0.38) EPS for the quarter, missing analysts' consensus estimates of ($0.37) by $0.01. The firm earned $25.10 million during the quarter, compared to the consensus estimate of $23.95 million. IMPINJ had a negative net margin of 24.95% and a negative return on equity of 11.89%. The business's quarterly revenue was down 20.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.01 earnings per share. View IMPINJ's Earnings History.

7 analysts have issued 12-month target prices for IMPINJ's shares. Their forecasts range from $14.00 to $42.00. On average, they anticipate IMPINJ's share price to reach $25.00 in the next year. This suggests a possible upside of 29.1% from the stock's current price. View Analyst Price Targets for IMPINJ.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IMPINJ in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for IMPINJ.

Some companies that are related to IMPINJ include Varex Imaging (VREX), TT Electronics (TTGPF), Microvision (MVIS), Orbit International (ORBT), Neonode (NEON), Inrad Optics (INRD), Nortech Systems (NSYS), Integral Technologies (ITKG), Veritec (VRTC), Microwave Filter (MFCO) and Uni-Pixel (UNXLQ).

(PI) raised $69 million in an initial public offering (IPO) on Thursday, July 21st 2016. The company issued 4,600,000 shares at $14.00-$16.00 per share. RBC Capital Markets, Pacific Crest Securities (a division of KeyBanc Capital Markets) and Piper Jaffray served as the underwriters for the IPO and Needham & Company and Canaccord Genuity were co-managers.

Media stories about PI stock have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. IMPINJ earned a news impact score of 0.17 on Accern's scale. They also gave media coverage about the company an impact score of 48.17 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for IMPINJ.

IMPINJ's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.70%), Gilder Gagnon Howe & Co. LLC (4.25%), Chevy Chase Trust Holdings Inc. (1.53%), Fred Alger Management Inc. (1.09%), Taylor Frigon Capital Management LLC (0.69%) and Bank of New York Mellon Corp (0.44%). Company insiders that own IMPINJ stock include Chris PhD Diorio, Clinton Bybee, Eric Brodersen, Evan Fein, Jeffrey Dossett and Oppen Peter H Van. View Institutional Ownership Trends for IMPINJ.

PI stock was sold by a variety of institutional investors in the last quarter, including Chevy Chase Trust Holdings Inc., Gilder Gagnon Howe & Co. LLC, Baird Financial Group Inc., NJ State Employees Deferred Compensation Plan, Bank of New York Mellon Corp, Schwab Charles Investment Management Inc., Taylor Frigon Capital Management LLC and Bank of America Corp DE. Company insiders that have sold IMPINJ company stock in the last year include Eric Brodersen and Evan Fein. View Insider Buying and Selling for IMPINJ.

PI stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Sigma Planning Corp, Trellus Management Company LLC, Shufro Rose & Co. LLC, Oppenheimer & Co. Inc., Fred Alger Management Inc. and First Trust Advisors LP. Company insiders that have bought IMPINJ stock in the last two years include Clinton Bybee, Jeffrey Dossett and Oppen Peter H Van. View Insider Buying and Selling for IMPINJ.

Shares of PI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of PI stock can currently be purchased for approximately $19.37.

IMPINJ has a market capitalization of $418.31 million and generates $125.30 million in revenue each year. The company earns $-17,320,000.00 in net income (profit) each year or ($0.29) on an earnings per share basis. IMPINJ employs 311 workers across the globe.

IMPINJ's mailing address is 400 FAIRVIEW AVENUE NORTH SUITE 1200, SEATTLE WA, 98109. The company can be reached via phone at 206-517-5300 or via email at [email protected]