In a filing, Impinj Inc revealed its CHIEF INNOVATION OFFICER PHELAN CATHAL G unloaded Company’s shares for reported $55804.0 on Feb 21 ’25. In the deal valued at $98.77 per share,565 shares were sold. As a result of this transaction, PHELAN CATHAL G now holds 7,925 shares worth roughly $0.75 million.
Then, MECKLAI HUSSEIN sold 3,739 shares, generating $369,463 in total proceeds. Upon selling the shares at $98.81, the CHIEF OPERATING OFFICER now owns 70,347 shares.
Before that, Baker Cary sold 1,553 shares. Impinj Inc shares valued at $153,377 were divested by the CHIEF FINANCIAL OFFICER at a price of $98.76 per share. As a result of the transaction, Baker Cary now holds 76,451 shares, worth roughly $7.23 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 Friday, Impinj Inc [NASDAQ:PI] saw its stock fall -2.20% to $94.62. Over the last five days, the stock has lost -8.86%. Impinj Inc shares have fallen nearly -34.86% since the year began. Nevertheless, the stocks have fallen -6.18% over the past one year. While a 52-week high of $239.88 was reached on 01/06/25, a 52-week low of $96.69 was recorded on 02/24/25. SMA at 50 days reached $132.94, while 200 days put it at $166.47.
Levels Of Support And Resistance For PI Stock
The 24-hour chart illustrates a support level at 92.92, which if violated will result in even more drops to 91.23. On the upside, there is a resistance level at 96.93. A further resistance level may holdings at 99.25. The Relative Strength Index (RSI) on the 14-day chart is 20.72, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.97%. Stochastics %K at 3.52% indicates the stock is a buying.
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.
