Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Impinj Inc (NASDAQ: PI) closed at $117.52 in the last session, down -4.71% from day before closing price of $123.33. In other words, the price has decreased by -$4.71 from its previous closing price. On the day, 0.53 million shares were traded.
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 23.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 76.97. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 9.37 while its Price-to-Book (P/B) ratio in mrq is 21.17.
Stock Price History:
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 29.39%, while the 200-Day Moving Average is calculated to be -19.11%.
Shares Statistics:
A total of 28.93M shares are outstanding, with a floating share count of 28.09M. Insiders hold about 3.07% of the company’s shares, while institutions hold 107.69% stake in the company.
