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The price of Impinj Inc (NASDAQ: PI) closed at $89.75 in the last session, up 16.45% from day before closing price of $77.07. In other words, the price has increased by $16.45 from its previous closing price. On the day, 2.25 million shares were traded. PI stock price reached its highest trading level at $93.0 during the session, while it also had its lowest trading level at $85.54.
Ratios:
We take a closer look at PI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.88. For the most recent quarter (mrq), Quick Ratio is recorded 7.46 and its Current Ratio is at 10.96. In the meantime, Its Debt-to-Equity ratio is 1.82 whereas as Long-Term Debt/Eq ratio is at 1.80.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on July 18, 2024, initiated with a Overweight rating and assigned the stock a target price of $205.
On July 11, 2024, Piper Sandler reiterated its Overweight rating and also lowered its target price recommendation from $150 to $180.
Goldman Downgraded its Buy to Neutral on May 20, 2024, while the target price for the stock was maintained at $156.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 02 ’25 when DOSSETT JEFFREY bought 11,301 shares for $91.03 per share.
DOSSETT JEFFREY bought 4,857 shares of PI for $437,186 on Mar 27 ’25. On Mar 26 ’25, another insider, DOSSETT JEFFREY, who serves as the Former Affiliate of the company, bought 1,995 shares for $92.31 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PI now has a Market Capitalization of 2601233152 and an Enterprise Value of 2740626176. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.05 while its Price-to-Book (P/B) ratio in mrq is 16.17. Its current Enterprise Value per Revenue stands at 7.539 whereas that against EBITDA is 266.572.
Stock Price History:
The Beta on a monthly basis for PI is 1.68, which has changed by -0.4052747 over the last 52 weeks, in comparison to a change of 0.07545352 over the same period for the S&P500. Over the past 52 weeks, PI has reached a high of $239.88, while it has fallen to a 52-week low of $60.85. The 50-Day Moving Average of the stock is 2.51%, while the 200-Day Moving Average is calculated to be -40.47%.
Shares Statistics:
According to the various share statistics, PI traded on average about 737.71K shares per day over the past 3-months and 975200 shares per day over the past 10 days. A total of 28.93M shares are outstanding, with a floating share count of 27.38M. Insiders hold about 4.07% of the company’s shares, while institutions hold 108.11% stake in the company. Shares short for PI as of 1743379200 were 3627769 with a Short Ratio of 4.92, compared to 1740700800 on 3519952. Therefore, it implies a Short% of Shares Outstanding of 3627769 and a Short% of Float of 18.94.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
