Impinj Inc’s recently made public that 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 Monday, Impinj Inc [NASDAQ:PI] saw its stock jump 1.32% to $105.77. Over the last five days, the stock has lost -9.61%. Impinj Inc shares have fallen nearly -27.19% since the year began. Nevertheless, the stocks have fallen -30.46% over the past one year. While a 52-week high of $239.88 was reached on 01/06/25, a 52-week low of $60.85 was recorded on 04/08/25.
Levels Of Support And Resistance For PI Stock
The 24-hour chart illustrates a support level at 104.16, which if violated will result in even more drops to 102.55. On the upside, there is a resistance level at 108.06. A further resistance level may holdings at 110.36.
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.
