The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Impinj Inc shares valued at $1,028,752 were purchased by DOSSETT JEFFREY on Apr 02 ’25. At $91.03 per share, DOSSETT JEFFREY acquired 11,301 shares.
Also, DOSSETT JEFFREY purchased 4,857 shares, netting a total of over 437,186 in proceeds.
Before that, DOSSETT JEFFREY had added 1,995 shares to its account. In a trade valued at $184,153, the Former Affiliate bought Impinj Inc shares for $92.31 each.
As published in their initiating research note from Cantor Fitzgerald on July 18, 2024, Impinj Inc [PI] has been an Overweight and the price target has been revised to $205. Analysts at Piper Sandler resumed the stock at ‘”an Overweight”‘ outlook in a report released in mid July. As of May 20, 2024, Goldman has decreased its “Buy” rating to a “Neutral” for PI. Earlier on May 13, 2024, Jefferies initiated its rating. Their recommendation was “a Buy” for PI stock.
Analyzing PI Stock Performance
During the last five days, there has been a drop of approximately -0.10%. Over the course of the year, Impinj Inc shares have dropped approximately -37.31%. Shares of the company reached a 52-week high of $155.91 on 01/06/25 and a 52-week low of $83.53 on 04/01/25. A 50-day SMA is recorded $103.47, while a 200-day SMA reached $156.95.
Support And Resistance Levels for Impinj Inc (PI)
According to the 24-hour chart, there is a support level at 87.70, which, if violated, would cause prices to drop to 84.33. In the upper region, resistance lies at 93.93. The next price resistance is at 96.79. RSI (Relative Strength Index) is 43.01 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.21, which suggests the price will decrease in the coming days. Percent R is at 39.03%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
