On September 13, 2024, Umesh Padval, Director at Impinj Inc (PI, Financial), executed a sale of 3,529 shares of the company. The transaction was filed on September 16, 2024, as documented in the SEC Filing. Following this transaction, the insider now owns 1,729 shares of Impinj Inc.
Impinj Inc (PI, Financial) specializes in providing RAIN RFID solutions that identify, locate, and authenticate items. These technologies are utilized across various industries to improve inventory management and supply chain efficiency.
Over the past year, the insider has sold a total of 7,004 shares and has not made any purchases. The company has seen a total of 80 insider sells and 7 insider buys over the same period.
On the day of the sale, shares of Impinj Inc were priced at $188.47. The company's market cap stood at approximately $5.247 billion. Impinj Inc's price-earnings ratio is currently 643.52, significantly above both the industry median of 21.04 and the company’s historical median.
The stock is considered Significantly Overvalued with a price-to-GF Value ratio of 1.74, based on a GF Value of $108.29. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
