IMPINJ Inc (NASDAQ:PI) – Analysts at Dougherty & Co issued their Q1 2018 EPS estimates for shares of IMPINJ in a research report issued on Friday. Dougherty & Co analyst C. Anderson forecasts that the company will post earnings per share of ($0.39) for the quarter. Dougherty & Co has a “Neutral” rating on the stock.
IMPINJ (NASDAQ:PI) last issued its quarterly earnings data on Thursday, February 15th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.09). IMPINJ had a negative return on equity of 5.93% and a negative net margin of 13.82%. The firm had revenue of $26.90 million during the quarter, compared to analysts’ expectations of $29.50 million. During the same period in the previous year, the firm earned $0.11 EPS. The firm’s quarterly revenue was down 20.2% on a year-over-year basis.
IMPINJ (PI) opened at $11.07 on Monday. The company has a debt-to-equity ratio of 0.06, a current ratio of 7.49 and a quick ratio of 4.97. IMPINJ has a 12-month low of $9.95 and a 12-month high of $60.85. The stock has a market cap of $232.01 and a P/E ratio of -13.34.
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Sylebra HK Co Ltd lifted its stake in IMPINJ by 32.8% during the 4th quarter. Sylebra HK Co Ltd now owns 3,899,063 shares of the company’s stock valued at $87,846,000 after acquiring an additional 962,212 shares during the period. MetLife Investment Advisors LLC acquired a new stake in IMPINJ during the 4th quarter valued at approximately $193,000. Guggenheim Capital LLC lifted its stake in IMPINJ by 81.0% during the 4th quarter. Guggenheim Capital LLC now owns 10,701 shares of the company’s stock valued at $239,000 after acquiring an additional 4,790 shares during the period. Deutsche Bank AG lifted its stake in IMPINJ by 146.3% during the 4th quarter. Deutsche Bank AG now owns 40,124 shares of the company’s stock valued at $903,000 after acquiring an additional 23,832 shares during the period. Finally, Bamco Inc. NY lifted its stake in IMPINJ by 93.8% during the 4th quarter. Bamco Inc. NY now owns 155,000 shares of the company’s stock valued at $3,492,000 after acquiring an additional 75,000 shares during the period. Institutional investors and hedge funds own 74.84% of the company’s stock.
In related news, CFO Evan Fein sold 5,700 shares of IMPINJ stock in a transaction that occurred on Monday, January 22nd. The shares were sold at an average price of $25.01, for a total value of $142,557.00. Following the completion of the sale, the chief financial officer now directly owns 17,500 shares in the company, valued at approximately $437,675. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 15.20% of the stock is owned by company insiders.
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Impinj, Inc is a provider of RAIN radio frequency identification (RFID) solutions. The Company sells a platform that includes endpoint integrated circuits (ICs), reader ICs, readers and gateways that enable wireless connectivity to everyday items, and software that delivers Item Intelligence from endpoint reads.
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