In a filing, Impinj Inc revealed its Former Affiliate DOSSETT JEFFREY acquired Company’s shares for reported $1.68 million on Mar 10 ’25. In the deal valued at $100.00 per share,16,828 shares were bought.
Then, DOSSETT JEFFREY bought 16,360 shares, generating $1,474,061 in total proceeds.
Before that, PHELAN CATHAL G sold 565 shares. Impinj Inc shares valued at $55,804 were divested by the CHIEF INNOVATION OFFICER at a price of $98.77 per share. As a result of the transaction, PHELAN CATHAL G now holds 7,925 shares, worth roughly $0.72 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 0.22% to $90.25. Over the last five days, the stock has lost -0.10%. Impinj Inc shares have fallen nearly -37.87% since the year began. Nevertheless, the stocks have fallen -24.96% 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 $111.49, while 200 days put it at $159.55.
Levels Of Support And Resistance For PI Stock
The 24-hour chart illustrates a support level at 88.24, which if violated will result in even more drops to 86.24. On the upside, there is a resistance level at 91.85. A further resistance level may holdings at 93.46. The Relative Strength Index (RSI) on the 14-day chart is 39.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.63%. Stochastics %K at 39.97% indicates the stock is a holding.
How much short interest is there in Impinj Inc?
A steep rise in short interest was recorded in Impinj Inc stocks on 2025-02-28, dropping by -0.97 million shares to a total of 3.52 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.49 million shares. There was a decline of -27.63%, which implies that there is a negative 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.
