Impinj, Inc. (NASDAQ:PI – Get Rating) CRO Jeffrey Dossett sold 598 shares of the company's stock in a transaction dated Wednesday, February 1st. The shares were sold at an average price of $133.13, for a total transaction of $79,611.74. Following the completion of the sale, the executive now directly owns 47,139 shares in the company, valued at approximately $6,275,615.07. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Jeffrey Dossett also recently made the following trade(s):

• On Friday, January 13th, Jeffrey Dossett sold 563 shares of Impinj stock. The shares were sold at an average price of $120.56, for a total transaction of $67,875.28.
• On Tuesday, January 3rd, Jeffrey Dossett sold 2,000 shares of Impinj stock. The shares were sold at an average price of $110.81, for a total transaction of $221,620.00.
• On Friday, December 16th, Jeffrey Dossett sold 734 shares of Impinj stock. The shares were sold at an average price of $109.79, for a total transaction of $80,585.86.
• On Thursday, December 1st, Jeffrey Dossett sold 2,000 shares of Impinj stock. The shares were sold at an average price of $127.55, for a total transaction of $255,100.00.

Impinj Stock Performance

NASDAQ:PI opened at $135.27 on Friday. The company has a quick ratio of 6.78, a current ratio of 7.73 and a debt-to-equity ratio of 135.78. The company has a market cap of $3.51 billion, a P/E ratio of -76.42, a P/E/G ratio of 23.60 and a beta of 2.36. Impinj, Inc. has a fifty-two week low of $39.74 and a fifty-two week high of $142.78. The firm's 50 day moving average is $118.92 and its two-hundred day moving average is $101.39.

Hedge Funds Weigh In On Impinj

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on PI. StockNews.com began coverage on shares of Impinj in a research note on Wednesday, October 12th. They set a "sell" rating on the stock. Canaccord Genuity Group upped their price objective on shares of Impinj from $100.00 to $115.00 and gave the company a "buy" rating in a research note on Friday, October 28th. Lake Street Capital upped their price objective on shares of Impinj from $109.00 to $132.00 in a research note on Wednesday, January 11th. Jefferies Financial Group upped their price objective on shares of Impinj from $112.00 to $137.00 and gave the company a "buy" rating in a research note on Thursday, January 12th. Finally, Needham & Company LLC upped their price objective on shares of Impinj from $120.00 to $130.00 and gave the company a "buy" rating in a research note on Thursday, January 12th. One analyst has rated the stock with a sell rating and five have given a buy rating to the company. Based on data from MarketBeat, Impinj presently has an average rating of "Moderate Buy" and a consensus target price of $120.14.

Impinj Company Profile

(Get Rating)

IImpinj, Inc engages in the development and sale of RAIN, a radio frequency identification solution. Its platform allows inventory management, patient safety, asset tracking and item authentication for the retail, healthcare, supply chain and logistics, hospitality, food and beverage, and industrial manufacturing industries.

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