IMPINJ Company Profile (NYSE:PI)

About IMPINJ (PI)

IMPINJ logoImpinj, Inc. is a provider of RAIN radio frequency identification (RFID) solutions. The Company sells a platform that includes endpoint integrated circuits (ICs), reader ICs, readers and gateways that enable wireless connectivity to everyday items, and software that delivers Item Intelligence from endpoint reads. The Impinj Platform connects billions of everyday items, such as apparel, medical supplies, automobile parts, drivers' licenses, food and luggage to applications, such as inventory management, patient safety, asset tracking and item authentication, delivering real-time information to businesses about items they create, manage, transport and sell. The Impinj Platform wirelessly delivers information about these items' identity, location and authenticity, or Item Intelligence, to the digital world.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: PI
  • CUSIP: N/A
Key Metrics:
  • Previous Close: $39.02
  • 50 Day Moving Average: $30.95
  • 200 Day Moving Average: $31.20
  • 52-Week Range: $16.36 - $41.91
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 73.62
  • P/E Growth: 0.00
  • Market Cap: $802.41M
  • Outstanding Shares: 20,564,000

Analyst Ratings

Consensus Ratings for IMPINJ (NYSE:PI) (?)
Ratings Breakdown: 7 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $35.29 (9.57% downside)

Analysts' Ratings History for IMPINJ (NYSE:PI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/31/2017Royal Bank of CanadaReiterated RatingBuy$40.00HighView Rating Details
3/21/2017Morgan StanleyReiterated RatingBuy$40.00MediumView Rating Details
3/2/2017Needham & Company LLCReiterated RatingBuy$40.00N/AView Rating Details
11/4/2016Pacific CrestReiterated RatingBuy$36.00N/AView Rating Details
9/26/2016KeyCorpBoost Price TargetOverweight$29.00 -> $36.00N/AView Rating Details
9/1/2016Piper Jaffray CompaniesBoost Price TargetOverweight$24.00 -> $30.00N/AView Rating Details
8/15/2016Canaccord GenuityInitiated CoverageBuy$25.00N/AView Rating Details
(Data available from 4/28/2015 forward)

Earnings

Earnings History for IMPINJ (NYSE:PI)
Earnings by Quarter for IMPINJ (NYSE:PI)
Earnings History by Quarter for IMPINJ (NYSE:PI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
2/16/2017Q4 2016$0.09$0.11$32.39 million$33.70 millionViewListenView Earnings Details
11/3/2016Q3$0.06$0.10$28.39 million$31.00 millionViewListenView Earnings Details
9/1/2016Q2$0.02$0.06$25.31 million$47.60 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for IMPINJ (NYSE:PI)
Current Year EPS Consensus Estimate: $0.25 EPS
Next Year EPS Consensus Estimate: $0.53 EPS

Dividends

Dividend History for IMPINJ (NYSE:PI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for IMPINJ (NYSE:PI)
Insider Trades by Quarter for IMPINJ (NYSE:PI)
Institutional Ownership by Quarter for IMPINJ (NYSE:PI)
Insider Trades by Quarter for IMPINJ (NYSE:PI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/20/2017Eric BrodersenInsiderSell10,200$35.31$360,162.00View SEC Filing  
3/22/2017Eric BrodersenInsiderSell5,400$28.36$153,144.00View SEC Filing  
2/28/2017Eric BrodersenInsiderSell5,400$28.99$156,546.00View SEC Filing  
12/7/2016Chris Ph.D. DiorioCEOSell80,000$27.00$2,160,000.00View SEC Filing  
7/26/2016Tom A AlbergDirectorBuy35,714$14.00$499,996.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for IMPINJ (NYSE:PI)
Latest Headlines for IMPINJ (NYSE:PI)
Source:
DateHeadline
reuters.com logoBRIEF-Impinj enters into a third amended and restated loan and security agreement
www.reuters.com - April 26 at 11:02 PM
americanbankingnews.com logoIMPINJ Inc (PI) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 25 at 5:51 PM
finance.yahoo.com logoWill IMPINJ (PI) Continue to Surge Higher? - Yahoo Finance
finance.yahoo.com - April 24 at 3:22 PM
finance.yahoo.com logoWill IMPINJ (PI) Continue to Surge Higher?
finance.yahoo.com - April 24 at 3:22 PM
americanbankingnews.com logoIMPINJ Inc (PI) Insider Eric Brodersen Sells 10,200 Shares
www.americanbankingnews.com - April 21 at 9:00 PM
bizjournals.com logoReal-Time Locating Systems Market by Offering, Technology, Application, Vertical, and Geography - Global Forecast to 2022
www.bizjournals.com - April 18 at 6:32 PM
finance.yahoo.com logoImpinj, Inc. – Value Analysis (NASDAQ:PI) : April 13, 2017
finance.yahoo.com - April 13 at 7:03 PM
reuters.com logoBRIEF-Sylebra HK Company Limited reports 14.3 pct passive stake in Impinj Inc as of March 31
www.reuters.com - April 10 at 6:45 PM
finance.yahoo.com logoImpinj to Announce First Quarter 2017 Financial Results
finance.yahoo.com - April 7 at 11:53 AM
seekingalpha.com logoImpinj is that company that has been supposed to partner with Amazon as part of the Go initiative. - Seeking Alpha
seekingalpha.com - March 25 at 6:49 PM
americanbankingnews.com logoIMPINJ Inc (PI) Insider Sells $153,144.00 in Stock
www.americanbankingnews.com - March 23 at 7:55 PM
americanbankingnews.com logoIMPINJ Inc (PI) Receives Buy Rating from Morgan Stanley
www.americanbankingnews.com - March 21 at 11:34 AM
seekingalpha.com logoImpinj Is A Short On Downstream Weakness In Retail
seekingalpha.com - March 21 at 10:58 AM
bizjournals.com logoTechnical Reports on Communication Equipment Equities -- Acacia Communications, Impinj, Ceragon Networks, and ShoreTel
www.bizjournals.com - March 16 at 8:36 AM
bizjournals.com logoGlobal $299.7 Billion Anti-Counterfeit Packaging Market Analysis & Trends 2013-2016 - Industry Forecast to 2025 - Research and Markets
www.bizjournals.com - March 9 at 7:06 PM
finance.yahoo.com logoIMPINJ INC Financials
finance.yahoo.com - March 9 at 7:06 PM
fool.com logoWhy Impinj, Inc. Stock Dropped 20% in February
www.fool.com - March 3 at 7:15 PM
biz.yahoo.com logoIMPINJ INC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 3 at 7:15 PM
fool.com logoVolume Growth Drives Strong Results for Impinj
www.fool.com - February 24 at 8:20 PM
streetinsider.com logoMorgan Stanley Starts Impinj Inc (PI) at Overweight - StreetInsider.com
www.streetinsider.com - February 24 at 12:20 AM
finance.yahoo.com logoCoverage initiated on Impinj by Morgan Stanley
finance.yahoo.com - February 23 at 7:18 PM
blogs.barrons.com logoImpinj the 'Best Way to Play' the 'Tipping Point' in RFID, says Morgan Stanley
blogs.barrons.com - February 23 at 7:18 PM
finance.yahoo.com logoImpinj (PI) Misses Q4 Earnings Estimates, Shares Plunge
finance.yahoo.com - February 21 at 5:39 PM
finance.yahoo.com logoImpinj to Present at Upcoming Investor Conferences
finance.yahoo.com - February 21 at 5:39 PM
streetinsider.com logoPre-Open Movers 02/17: (LMIA) (TRUE) (UL) Higher; (XTLB) (NUS) (PI) Lower (more...)
www.streetinsider.com - February 18 at 11:36 AM
streetinsider.com logoImpinj Inc (PI) PT Raised to $40 at RBC Capital Following Strong Quarterly Results - StreetInsider.com
www.streetinsider.com - February 17 at 8:02 AM
finance.yahoo.com logoEdited Transcript of PI earnings conference call or presentation 16-Feb-17 10:00pm GMT
finance.yahoo.com - February 17 at 8:02 AM
us.rd.yahoo.com logoMEDIA ALERT: Impinj Hosts Executives from Four of the Country's Leading Healthcare Facilities to Discuss How They're Using IoT to Improve Efficiency and Deliver High Quality Patient Care
us.rd.yahoo.com - February 16 at 6:49 PM
biz.yahoo.com logoQ4 2016 Impinj Inc Earnings Release - After Market Close
us.rd.yahoo.com - February 16 at 6:49 PM
us.rd.yahoo.com logoImpinj Announces Fourth Quarter and Full Year 2016 Financial Results
us.rd.yahoo.com - February 16 at 6:49 PM
us.rd.yahoo.com logo4:06 pm Impinj beats by $0.02, beats on revs; guides Q1 EPS below consensus, revs above consensus
us.rd.yahoo.com - February 16 at 6:49 PM
biz.yahoo.com logoIMPINJ INC Files SEC form 8-K, Results of Operations and Financial Condition, Change in Directors or Principal Office
us.rd.yahoo.com - February 16 at 6:49 PM
us.rd.yahoo.com logoRFID Chipmaker Impinj Tops Q4 Estimates, Undershoots Q1 Forecasts
us.rd.yahoo.com - February 16 at 6:49 PM
finance.yahoo.com logoImpinj Announces Fourth Quarter and Full Year 2016 Financial Results - Yahoo Finance
finance.yahoo.com - February 16 at 6:49 PM
reuters.com logoBRIEF-Granahan Investment Management reports 5.2 pct passive stake in Impinj
www.reuters.com - February 13 at 9:17 AM
reuters.com logoBRIEF-Intel Corp reports 4.9 percent passive stake in Impinj Inc as of February 2 - SEC filing - Reuters
www.reuters.com - February 10 at 8:12 PM
marketwatch.com logoInternet of Things (IoT) in Retail Market Worth $94.44 Billion by 2025: Grand View Research, Inc.
www.marketwatch.com - February 8 at 8:13 PM

Social

Frequently Asked Questions for IMPINJ (NYSE:PI)

What is IMPINJ's stock symbol?

IMPINJ trades on the New York Stock Exchange (NYSE) under the ticker symbol "PI."

How were IMPINJ's earnings last quarter?

IMPINJ Inc (NYSE:PI) released its earnings results on Thursday, February, 16th. The company reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.02. The firm earned $33.70 million during the quarter, compared to analyst estimates of $32.39 million. The business's revenue for the quarter was up 51.8% on a year-over-year basis. During the same quarter last year, the company earned $0.07 earnings per share.

When will IMPINJ make its next earnings announcement?

IMPINJ is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

What guidance has IMPINJ issued on next quarter's earnings?

IMPINJ updated its first quarter earnings guidance on Thursday, February, 16th. The company provided earnings per share guidance of (-0.6) to 0.01 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.02. The company issued revenue guidance of $30-31.5 million, compared to the consensus revenue estimate of $29.30 million.

Where is IMPINJ's stock going? Where will IMPINJ's stock price be in 2017?

7 brokerages have issued twelve-month price objectives for IMPINJ's shares. Their forecasts range from $25.00 to $40.00. On average, they expect IMPINJ's share price to reach $35.29 in the next year.

When did IMPINJ IPO?

(PI) raised $69 million in an initial public offering on Thursday, July 21st 2016. The company issued 4,600,000 shares at a price of $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.

Who owns IMPINJ stock?

IMPINJ's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Capital Impact Advisors LLC (0.26%), Nationwide Fund Advisors (0.13%), Sigma Planning Corp (0.10%), Russell Investments Group Ltd. (0.10%), Pier 88 Investment Partners LLC (0.07%) and Mesirow Financial Investment Management Equity Management (0.07%). Company insiders that own IMPINJ stock include Chris PhD Diorio, Eric Brodersen and Tom A Alberg.

Who sold IMPINJ stock? Who is selling IMPINJ stock?

IMPINJ's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd.. Company insiders that have sold IMPINJ stock in the last year include Chris PhD Diorio and Eric Brodersen.

Who bought IMPINJ stock? Who is buying IMPINJ stock?

IMPINJ's stock was bought by a variety of institutional investors in the last quarter, including Capital Impact Advisors LLC, Nationwide Fund Advisors, Pier 88 Investment Partners LLC, Mesirow Financial Investment Management Equity Management, Hillman Co., Sigma Planning Corp, Bank of Montreal Can and Capital Asset Advisory Services LLC.

How do I buy IMPINJ stock?

Shares of IMPINJ can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of IMPINJ stock cost?

One share of IMPINJ stock can currently be purchased for approximately $39.02.

IMPINJ (PI) Chart for Friday, April, 28, 2017

This page was last updated on 4/28/2017 by MarketBeat.com Staff