Impinj Inc. (PI) reported results for Q1 2026 with revenue of $74.25 million, essentially flat year-over-year (down 0.04%). Gross profit was $36.46 million (down 0.61% YoY) while cost of sales totaled $37.79 million (up 0.5% YoY).
The company recorded an operating loss of -$15.17 million (58.5% year-over-year change) and net loss attributable to common shareholders of -$25.26 million (198.9% year-over-year change). Diluted earnings per share was -$0.83 (176.7% year-over-year change).
Results versus expectations: revenue came in slightly below the consensus estimate of $74.64 million, and EPS missed the estimate of $0.15, with reported diluted EPS of -$0.83.
Balance sheet and cash-flow highlights include:
Market reaction: shares moved 20.43% since market close following the release.
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 23 times in the past 6 months. Of those trades, 0 have been purchases and 23 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 22 sales selling 697,108 shares for an estimated $110,589,071.
- MIRON WASHINGTON sold 342 shares for an estimated $54,356
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.
Impinj Inc. Hedge Fund Activity
We have seen 176 institutional investors add shares of Impinj Inc. stock to their portfolio, and 158 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 1,087,612 shares (-75.7%) from their portfolio in Q4 2025, for an estimated $189,255,364
- SYLEBRA CAPITAL LLC removed 697,108 shares (-38.1%) from their portfolio in Q4 2025, for an estimated $121,303,763
- MORGAN STANLEY removed 408,954 shares (-60.1%) from their portfolio in Q4 2025, for an estimated $71,162,085
- WHALE ROCK CAPITAL MANAGEMENT LLC removed 337,313 shares (-27.5%) from their portfolio in Q4 2025, for an estimated $58,695,835
- AMERICAN CENTURY COMPANIES INC added 298,992 shares (+78.6%) to their portfolio in Q4 2025, for an estimated $52,027,597
- JANUS HENDERSON GROUP PLC removed 230,498 shares (-92.0%) from their portfolio in Q4 2025, for an estimated $40,108,956
- NORGES BANK added 225,828 shares (+246.8%) to their portfolio in Q4 2025, for an estimated $39,296,330
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.
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 $169.0 on 03/16/2026
- Scott Searle from Roth Capital set a target price of $180.0 on 03/16/2026
- James Ricchiuti from Needham set a target price of $175.0 on 02/06/2026
- Mark Lipacis from Evercore ISI Group set a target price of $112.0 on 02/06/2026
- 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
- Timothy Arcuri from UBS set a target price of $190.0 on 01/26/2026
