Impinj (PI) News Today

Impinj (NASDAQ:PI - Get Free Report) posted its earnings results on Wednesday. The company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.09. Impinj had a negative return on equity of 60.13% and a negative net margin of 1.90%. The firm had revenue of $102.50 million for the quarter, compared to analyst estimates of $97.47 million. During the same period in the previous year, the company posted ($0.14) earnings per share. The company's revenue for the quarter was up 19.2% on a year-over-year basis.

Lake Street Capital boosted their target price on shares of Impinj from $155.00 to $190.00 and gave the stock a "buy" rating in a research note on Thursday.

Impinj (NASDAQ:PI) Shares Gap Up to $152.55

Cantor Fitzgerald reiterated an "overweight" rating and issued a $205.00 target price on shares of Impinj in a research report on Thursday.

Impinj (NASDAQ:PI) updated its third quarter 2024 earnings guidance. The company provided EPS guidance of 0.460-0.500 for the period, compared to the consensus estimate of 0.400. The company also issued revenue guidance of $91.0 millionillion-$94.0 millionillion, compared to the consensus estimate of $90.3 millionillion.

Impinj (NASDAQ:PI) Shares Down 8.4%

Impinj (NASDAQ:PI) Hits New 12-Month High at $180.97

Westfield Capital Management Co. LP decreased its position in Impinj, Inc. (NASDAQ:PI - Free Report) by 39.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 375,646 shares of the company's stock a

Impinj, Inc. (NASDAQ:PI - Get Free Report) has earned a consensus rating of "Moderate Buy" from the nine ratings firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendati

Lord Abbett & CO. LLC acquired a new position in Impinj, Inc. (NASDAQ:PI - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 75,219 shares of the company's stock, value

Scout Investments Inc. trimmed its position in shares of Impinj, Inc. (NASDAQ:PI - Free Report) by 6.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 88,897 shares of the company's stock after selling 5,64

Cantor Fitzgerald began coverage on shares of Impinj in a report on Thursday. They issued an "overweight" rating and a $205.00 price target on the stock.

Susquehanna increased their target price on shares of Impinj from $150.00 to $215.00 and gave the stock a "positive" rating in a research note on Wednesday.

Oppenheimer Asset Management Inc. lessened its holdings in shares of Impinj, Inc. (NASDAQ:PI - Free Report) by 43.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,552 shares of the comp

Impinj (NASDAQ:PI) will be releasing earnings after the market closes on Wednesday, July 24, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=606841)

Impinj, Inc. (NASDAQ:PI - Get Free Report) CFO Cary Baker sold 356 shares of the company's stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $175.42, for a total transaction of $62,449.52. Following the completion of the transaction, the chief financial officer now owns 69,760 shares of the company's stock, valued at $12,237,299.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Impinj (NASDAQ:PI) Hits New 1-Year High at $175.57

TimesSquare Capital Management LLC acquired a new stake in shares of Impinj, Inc. (NASDAQ:PI - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 149,480 shares of the company's stock, valued at

Lisanti Capital Growth LLC reduced its holdings in shares of Impinj, Inc. (NASDAQ:PI - Free Report) by 8.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,305 shares of the company's stock after selling 5

Jennison Associates LLC bought a new position in shares of Impinj, Inc. (NASDAQ:PI - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 200,508 shares of the company's stock, valued at approximat