In Friday’s Wall Street session, Impinj Inc (NASDAQ:PI) shares traded at $112.00, down -2.79% from the previous session.
PI stock price is now 22.06% away from the 50-day moving average and -22.77% away from the 200-day moving average. The market capitalization of the company currently stands at $3.25B.
With the price target of $205, Cantor Fitzgerald recently initiated with Overweight rating for Impinj Inc (NASDAQ: PI). On July 11, 2024, Piper Sandler reiterated its ‘Overweight’ rating on the stock by increasing its target price from $150 to quote $180, while ‘Goldman’ rates the stock as ‘Neutral’
In other news, DOSSETT JEFFREY, Former Affiliate bought 11,301 shares of the company’s stock on Apr 02 ’25. The stock was bought for $1,028,752 at an average price of $91.03. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 27 ’25, Former Affiliate DOSSETT JEFFREY bought 4,857 shares of the business’s stock. A total of $437,186 was incurred on buying the stock at an average price of $90.01. A total of 3.07% of the company’s stock is owned by insiders.
During the past 12 months, Impinj Inc has had a low of $60.85 and a high of $239.88. As of last week, the company has a debt-to-equity ratio of 1.82, a current ratio of 10.96, and a quick ratio of 7.46. The fifty day moving average price for PI is $91.7586 and a two-hundred day moving average price translates $145.02147 for the stock.
The latest earnings results from Impinj Inc (NASDAQ: PI) was released for 2025-03-31. The net profit margin was -0.26% and return on equity was -0.78% for PI. The company reported revenue of $74.28 million for the quarter, compared to $76.83 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.32 percent.
