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

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

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

7 brokers have issued 12-month price targets for IMPINJ's stock. Their predictions range from $14.00 to $42.00. On average, they expect IMPINJ's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 33.4% 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.

IMPINJ saw a decline in short interest during the month of July. As of July 31st, there was short interest totalling 5,293,450 shares, a decline of 9.9% from the July 13th total of 5,871,996 shares. Based on an average trading volume of 335,235 shares, the short-interest ratio is presently 15.8 days. Currently, 30.2% of the company's shares are short sold. View IMPINJ's Current Options Chain.

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 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.

News headlines about PI stock have been trending somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. IMPINJ earned a coverage optimism score of 0.13 on Accern's scale. They also gave media headlines about the company an impact score of 46.45 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for IMPINJ.

IMPINJ's stock is owned by a variety of of institutional and retail investors. Top institutional investors 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%), SCP Investment LP (0.87%) and Taylor Frigon Capital Management LLC (0.69%). 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 Millennium Management LLC, 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. and Taylor Frigon Capital Management LLC. 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 acquired by a variety of institutional investors in the last quarter, including SCP Investment LP, 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 $18.74.

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]