Keeping an Eye on Impinj Inc (PI) After Insider Trading Activity

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 Tuesday, Impinj Inc [NASDAQ:PI] saw its stock fall -0.93% to $111.65. Over the last five days, the stock has lost -4.72%. Impinj Inc shares have fallen nearly -33.31% since the year began. Nevertheless, the stocks have fallen -23.14% 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 109.27, which if violated will result in even more drops to 106.89. On the upside, there is a resistance level at 115.55. A further resistance level may holdings at 119.45.

How much short interest is there in Impinj Inc?

A steep rise in short interest was recorded in Impinj Inc stocks on 2025-06-13, dropping by -0.15 million shares to a total of 3.48 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 3.63 million shares. There was a decline of -4.37%, 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.

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