Impinj Inc’s recent filing unveils that its Former Affiliate DOSSETT JEFFREY acquired Company’s shares for reported $0.44 million on Mar 27 ’25. In the deal valued at $90.01 per share,4,857 shares were bought.
Then, DOSSETT JEFFREY bought 1,995 shares, generating $184,153 in total proceeds.
Before that, DOSSETT JEFFREY bought 6,136 shares. Impinj Inc shares valued at $567,139 were divested by the Former Affiliate at a price of $92.43 per share.
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 -1.20% to $90.70. Over the last five days, the stock has lost -0.48%. Impinj Inc shares have fallen nearly -37.56% since the year began. Nevertheless, the stocks have fallen -28.82% 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 $105.30, while 200 days put it at $157.59.
Levels Of Support And Resistance For PI Stock
The 24-hour chart illustrates a support level at 88.99, which if violated will result in even more drops to 87.28. On the upside, there is a resistance level at 92.06. A further resistance level may holdings at 93.43. The Relative Strength Index (RSI) on the 14-day chart is 40.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.11%. Stochastics %K at 31.66% 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 2025-03-14, growing by 15201.0 shares to a total of 3.6 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.58 million shares. There was a rise of 0.42%, 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.
