Impinj, Inc. (PI)

Over the past six months, Impinj's stock price has experienced a significant upward trend, increasing by 159.95%. Recent positive developments have further impacted the stock, including price target increases from Piper Sandler and Susquehanna, and the initiation of coverage by Barclays with an "Overweight" rating. The announcement of a new OEM platform also contributed to a surge in Impinj's stock. Walmart's partnership with Avery Dennison to implement RFID technology for labeling food products is expected to significantly benefit Impinj. In its Q2 2025 financial results, Impinj reported revenue of $97.9 million, marking a 32% sequential growth, despite a 4% decline year-over-year. The company achieved a record gross margin of 60.4% and an adjusted EBITDA of $27.6 million. The appointment of Arthur L. Valdez, Jr. to its board of directors was also announced in Q2 2025. As of October 28, 2025, Impinj's stock was up 33.2% over the last month.

Specific information regarding the demand seasonality for Impinj, Inc.'s products and services was not explicitly detailed in the provided search results. However, demand for its RFID solutions could be influenced by seasonal patterns inherent to sectors such as retail, healthcare, logistics, and manufacturing. The retail and logistics sectors often experience heightened activity during holiday seasons or specific inventory cycles, which could indirectly affect the demand for Impinj's connectivity solutions.

Impinj, Inc. is a leading American manufacturer of radio-frequency identification (RFID) devices and software, operating within the technology sector, specifically in specialized semiconductors and the broader RFID industry. The company's core mission is to enable a boundless Internet of Things (IoT) by connecting everyday physical items to the digital world, providing their identity, location, and authenticity to various business and consumer applications. Impinj's business revolves around its RAIN RFID platform, which includes a comprehensive suite of products such as RAIN RFID endpoint integrated circuits (ICs), RAIN RFID readers and gateways, software and platform solutions, RFID reader chips and RFID antennas.

Impinj, Inc. is headquartered in Seattle, Washington, United States and maintains a global geographic footprint with a business presence across the Americas, Asia Pacific, Europe, the Middle East, and Africa. Key revenue generation is notably derived from its operations in the Asia Pacific region. Impinj's operational segments include the United States, Malaysia, Taiwan, and other regions.

Impinj maintains a strong brand reputation, primarily driven by its market leadership in RAIN RFID technology, holding a 62% market share in RAIN RFID semiconductor solutions as of 2023. The company has fostered its reputation through strategic collaborations with industry giants like Microsoft and Amazon to integrate its RFID solutions into their platforms. Impinj is also committed to sustainability, implementing initiatives to reduce its carbon footprint. Financially, the company demonstrates strong profitability with an 11.8% net margin, and its Return on Equity (ROE) of 6.63% and Return on Assets (ROA) of 2.34% surpass industry averages. Analyst sentiment has been largely positive, and Impinj's flagship M800 Series Tag Chips have surpassed 5 billion lifetime shipments.

Impinj, Inc. has a diverse ownership structure. Institutional investors hold approximately 66.04% of the company's stock, while insiders own 16.54%, and retail investors account for 17.42%. Major institutional owners include Fmr Llc, BlackRock, Inc., Vanguard Group Inc, SMALLCAP WORLD FUND INC Class A, Sylebra Capital Llc, Capital International Investors, FSELX - Semiconductors Portfolio, iShares Core S&P Small-Cap ETF, State Street Corp, and Whale Rock Capital Management LLC. Daniel Patrick Gibson is noted as a significant individual insider owner.