Impinj Inc’s filing revealed that its Officer DOSSETT JEFFREY acquired Company’s shares for reported $1.47 million on Mar 05 ’25. In the deal valued at $90.10 per share,16,360 shares were bought.
Then, PHELAN CATHAL G sold 565 shares, generating $55,804 in total proceeds. Upon selling the shares at $98.77, the CHIEF INNOVATION OFFICER now owns 7,925 shares.
Before that, MECKLAI HUSSEIN sold 3,739 shares. Impinj Inc shares valued at $369,463 were divested by the CHIEF OPERATING OFFICER at a price of $98.81 per share. As a result of the transaction, MECKLAI HUSSEIN now holds 70,347 shares, worth roughly $7.07 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 jump 8.87% to $100.45. Over the last five days, the stock has gained 3.92%. Impinj Inc shares have fallen nearly -30.85% since the year began. Nevertheless, the stocks have fallen -9.94% over the past one year. While a 52-week high of $239.88 was reached on 01/06/25, a 52-week low of $84.17 was recorded on 03/04/25. SMA at 50 days reached $122.64, while 200 days put it at $163.21.
Levels Of Support And Resistance For PI Stock
The 24-hour chart illustrates a support level at 93.92, which if violated will result in even more drops to 87.40. On the upside, there is a resistance level at 104.06. A further resistance level may holdings at 107.68. The Relative Strength Index (RSI) on the 14-day chart is 44.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.58%. Stochastics %K at 47.64% indicates the stock is a holding.
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.
