In a filing, Impinj Inc revealed its Former Affiliate DOSSETT JEFFREY acquired Company’s shares for reported $1.03 million on Apr 02 ’25. In the deal valued at $91.03 per share,11,301 shares were bought.
Then, DOSSETT JEFFREY bought 4,857 shares, generating $437,186 in total proceeds.
Before that, DOSSETT JEFFREY bought 1,995 shares. Impinj Inc shares valued at $184,153 were divested by the Former Affiliate at a price of $92.31 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 Friday, Impinj Inc [NASDAQ:PI] saw its stock fall -0.75% to $73.00. Over the last five days, the stock has lost -20.48%. Impinj Inc shares have fallen nearly -49.75% since the year began. Nevertheless, the stocks have fallen -40.69% over the past one year. While a 52-week high of $239.88 was reached on 01/06/25, a 52-week low of $73.13 was recorded on 04/04/25. SMA at 50 days reached $100.84, while 200 days put it at $156.18.
Levels Of Support And Resistance For PI Stock
The 24-hour chart illustrates a support level at 69.52, which if violated will result in even more drops to 66.03. On the upside, there is a resistance level at 75.04. A further resistance level may holdings at 77.07. The Relative Strength Index (RSI) on the 14-day chart is 26.80, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.27%. Stochastics %K at 26.85% 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.
