PI parent company Impinj, Inc. reported second-quarter 2026 revenue of $108.4 million, up 10.7% from a year earlier and slightly above Wall Street’s expectations. Gross profit rose to $63.5 million, reflecting continued top-line growth and solid profitability.
Net income attributable to common shareholders increased to $12.2 million, or $0.39 per diluted share, compared with the same period last year. Operating profit came in at $10.5 million, while operating cash flow reached $31.6 million.
On the cost side, total sales expense was $44.8 million, and capital spending remained modest at $2.4 million. The company ended the quarter with $38.6 million in cash and cash equivalents and $303.2 million in total liabilities.
Key takeaways:
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Impinj, Inc. Insider Trading Activity
Impinj, Inc. insiders have traded $PI stock on the open market 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 have been sales.
Here’s a breakdown of recent trading of $PI stock by insiders over the last 6 months:
- CAPITAL LLC SYLEBRA has made 0 purchases and 10 sales selling 239,228 shares for an estimated $32,610,621.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Impinj, Inc. Hedge Fund Activity
We have seen 154 institutional investors add shares of Impinj, Inc. stock to their portfolio, and 145 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DRIEHAUS CAPITAL MANAGEMENT LLC removed 737,474 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $75,738,579
- ALYESKA INVESTMENT GROUP, L.P. added 734,787 shares (+inf%) to their portfolio in Q1 2026, for an estimated $75,462,624
- WHALE ROCK CAPITAL MANAGEMENT LLC removed 482,028 shares (-54.3%) from their portfolio in Q1 2026, for an estimated $49,504,275
- MANUFACTURERS LIFE INSURANCE COMPANY, THE added 409,182 shares (+2441.0%) to their portfolio in Q1 2026, for an estimated $42,022,991
- PRICE T ROWE ASSOCIATES INC /MD/ removed 386,867 shares (-55.9%) from their portfolio in Q1 2026, for an estimated $39,731,240
- POINT72 ASSET MANAGEMENT, L.P. added 289,131 shares (+inf%) to their portfolio in Q1 2026, for an estimated $29,693,753
- CAPITAL WORLD INVESTORS added 261,706 shares (+34.7%) to their portfolio in Q1 2026, for an estimated $26,877,206
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Impinj, Inc. Price Targets
Multiple analysts have issued price targets for $PI recently. We have seen 7 analysts offer price targets for $PI in the last 6 months, with a median target of $175.0.
Here are some recent targets:
- Guy Hardwick from Barclays set a target price of $176.0 on 05/01/2026
- James Ricchiuti from Needham set a target price of $175.0 on 04/30/2026
- Mark Lipacis from Evercore ISI Group set a target price of $144.0 on 04/30/2026
- Timothy Arcuri from UBS set a target price of $175.0 on 04/30/2026
- Scott Searle from Roth Capital set a target price of $180.0 on 03/16/2026
- Troy Jensen from Cantor Fitzgerald set a target price of $170.0 on 02/06/2026
- Harsh Kumar from Piper Sandler set a target price of $180.0 on 02/06/2026
