Impinj Inc’s filing revealed that its CHIEF REVENUE OFFICER DOSSETT JEFFREY unloaded Company’s shares for reported $53316.0 on Jan 13 ’25. In the deal valued at $141.05 per share,378 shares were sold. As a result of this transaction, DOSSETT JEFFREY now holds 67,052 shares worth roughly $8.21 million.
Then, Baker Cary sold 290 shares, generating $40,878 in total proceeds. Upon selling the shares at $140.96, the CHIEF FINANCIAL OFFICER now owns 71,754 shares.
Before that, DIORIO CHRIS PH.D. sold 841 shares. Impinj Inc shares valued at $118,600 were divested by the CHIEF EXECUTIVE OFFICER at a price of $141.02 per share. As a result of the transaction, DIORIO CHRIS PH.D. now holds 333,856 shares, worth roughly $40.87 million.
Cantor Fitzgerald initiated its Impinj Inc [PI] rating to an Overweight in a research note published on July 18, 2024; the price target was $205. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who remained covering the stock and in mid July has reiterated a ‘”an Overweight”‘ rating for it. Goldman also remained covering PI and has decreased its forecast on May 20, 2024 with a “Neutral” recommendation from previously “Buy” rating. Jefferies started covering the stock on May 13, 2024. It rated PI as “a Buy”.
Price Performance Review of PI
On Monday, Impinj Inc [NASDAQ:PI] saw its stock fall -3.53% to $122.41. Over the last five days, the stock has lost -6.17%. Impinj Inc shares have fallen nearly -15.73% since the year began. Nevertheless, the stocks have risen 26.22% over the past one year. While a 52-week high of $239.88 was reached on 01/06/25, a 52-week low of $95.96 was recorded on 01/30/25. SMA at 50 days reached $154.81, while 200 days put it at $168.94.
Levels Of Support And Resistance For PI Stock
The 24-hour chart illustrates a support level at 121.00, which if violated will result in even more drops to 119.60. On the upside, there is a resistance level at 124.63. A further resistance level may holdings at 126.86. The Relative Strength Index (RSI) on the 14-day chart is 28.15, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.45%. Stochastics %K at 14.63% indicates the stock is a buying.
How much short interest is there in Impinj Inc?
A steep rise in short interest was recorded in Impinj Inc stocks on 2025-01-15, growing by 0.45 million shares to a total of 4.23 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 3.78 million shares. There was a rise of 10.62%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 16, 2024 when Evercore ISI began covering the stock and recommended ‘”an Outperform”‘ rating along with a $160 price target.
