Impinj Inc (NASDAQ: PI) is 72.78% higher on its value in year-to-date trading and has touched a low of $48.39 and a high of $139.46 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PI stock was last observed hovering at around $120.91 in the last trading session, with the day’s gains setting it 34.64%.
Currently trading at $155.55, the stock is 26.93% and 33.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.04 million and changing 28.65% at the moment leaves the stock 83.47% off its SMA200. PI registered 14.38% gain for a year compared to 6-month gain of 193.10%.
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The stock witnessed a 22.88% loss in the last 1 month and extending the period to 3 months gives it a 53.22%, and is 27.42% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.28% over the week and 4.62% over the month.
Impinj Inc (PI) has around 475 employees, a market worth around $4.30B and $298.47M in sales. Fwd P/E is 64.91. Profit margin for the company is -1.90%. Distance from 52-week low is 221.45% and 11.54% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.50%).
The EPS is expected to grow by 136.12% this year
The shares outstanding are 27.17M, and float is at 26.47M with Short Float at 12.47%.
Impinj Inc (PI) Insider Activity
The most recent transaction is an insider sale by DIORIO CHRIS PH.D., the company’s CHIEF EXECUTIVE OFFICER. SEC filings show that DIORIO CHRIS PH.D. sold 1,244 shares of the company’s common stock on Apr 15 ’24 at a price of $118.67 per share for a total of $0.15 million. Following the sale, the insider now owns 0.29 million shares.
Impinj Inc disclosed in a document filed with the SEC on Apr 15 ’24 that DOSSETT JEFFREY (CHIEF REVENUE OFFICER) sold a total of 498 shares of the company’s common stock. The trade occurred on Apr 15 ’24 and was made at $118.70 per share for $59111.0. Following the transaction, the insider now directly holds 60850.0 shares of the PI stock.
Still, SEC filings show that on Apr 15 ’24, MECKLAI HUSSEIN (CHIEF OPERATING OFFICER) disposed off 435 shares at an average price of $118.75 for $51656.0. The insider now directly holds 55,414 shares of Impinj Inc (PI).
