Impinj
About: Impinj Inc operates a platform that enables wireless connectivity to everyday items by delivering each item's identity, location, and authenticity to business and consumer applications. Its platform includes endpoint integrated circuits (ICs) product, a miniature radios-on-a-chip, which attach to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs. Geographically, the company has a business presence in the Americas, Asia Pacific, Europe, Middle East and Africa, of which key revenue is derived from the operations in the Asia Pacific region.
Employees: 475
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 8 (+4) [Q3]
98% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 45
43% more capital invested
Capital invested by funds: $4.52B [Q2] → $6.48B (+$1.96B) [Q3]
33% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 86
16% more funds holding
Funds holding: 271 [Q2] → 315 (+44) [Q3]
2.36% more ownership
Funds ownership: 104.07% [Q2] → 106.43% (+2.36%) [Q3]
14% less call options, than puts
Call options by funds: $41.7M | Put options by funds: $48.7M
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Goldman Sachs Toshiya Hari 63% 1-year accuracy 35 / 56 met price target | 14%upside $200 | Neutral Maintained | 25 Oct 2024 |
Cantor Fitzgerald Troy Jensen 48% 1-year accuracy 14 / 29 met price target | 48%upside $260 | Overweight Maintained | 24 Oct 2024 |
Lake Street Troy Jensen 48% 1-year accuracy 14 / 29 met price target | 43%upside $251 | Buy Maintained | 24 Oct 2024 |
Evercore ISI Group Mark Lipacis 57% 1-year accuracy 28 / 49 met price target | 53%upside $270 | Outperform Reiterated | 24 Oct 2024 |
Piper Sandler Harsh Kumar 53% 1-year accuracy 18 / 34 met price target | 34%upside $235 | Overweight Reiterated | 24 Oct 2024 |
Financial journalist opinion
Based on 10 articles about PI published over the past 30 days
