Neuberger Berman Group LLC Drastically Reduces Stake in Impinj, by 54.8% in 4th Quarter

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Impinj ($NASDAQ:PI), Inc. is a leading provider of RAIN RFID solutions that help businesses connect items to the internet of things. Impinj’s products enable businesses to identify, locate, and authenticate items to drive real-time business intelligence, automation, and user experiences. The company’s solutions are being used in a wide variety of industries including retail, healthcare, manufacturing, libraries, and logistics. The company offers a variety of investment strategies for individuals, institutions, and advisers around the globe.

This dramatic reduction of stock ownership in Impinj could be seen as a sign of waning confidence in the company or simply as a portfolio adjustment for Neuberger Berman Group LLC. Regardless of the reason behind this move, investors will be watching closely to see how this change affects Impinj’s stock performance in the coming months.

Analysis

At GoodWhale, we thoroughly analyze the financials of potential investments, such as IMPINJ. After our analysis, we have found that IMPINJ is a high risk investment in terms of financial and business aspects. We have detected 5 risk warnings in its income sheet, balance sheet, cashflow statement, non financial, and financial journal. If you would like to understand more about IMPINJ’s financials and the risks associated with it, please register with us to learn more. With our detailed analysis, you can make an informed decision about whether IMPINJ is the right investment for you. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Impinj. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Impinj. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Impinj. More…

Key Ratios Snapshot

Some of the financial key ratios for Impinj are shown below. More…

Peers

Its product portfolio includes RFID readers, antennas, tags, and other related hardware and software products. The company’s solutions are used in a wide variety of applications, including inventory management, supply chain management, asset tracking, and access control. Impinj also offers a wide range of services, including consulting, support, and education. The company’s products compete against those offered by Ceragon Networks Ltd, u-Blox Holding AG, and Redline Communications Group Inc.

– Ceragon Networks Ltd ($NASDAQ:CRNT)

Ceragon Networks Ltd is a global provider of high-capacity broadband wireless solutions. Its solutions enable mobile operators, fixed-line service providers, private network operators and enterprises to deliver voice, data and multimedia services. Ceragon Networks Ltd has a market cap of 158.42M as of 2022 and a Return on Equity of -0.74%. The company’s solutions are based on its proprietary Ultra High Capacity technology, which delivers high-capacity, high-availability and low-latency connectivity.

– u-Blox Holding AG ($LTS:0QNI)

u-Blox Holding AG is a Swiss technology company that specializes in positioning and wireless communication technologies for the automotive, industrial, and consumer markets. The company has a market capitalization of 781.27 million as of 2022 and a return on equity of 13.55%. u-Blox Holding AG develops and markets global navigation satellite system (GNSS) positioning products and services for automotive, industrial, and consumer applications. The company’s products include GNSS chips and modules, GNSS software, GNSS reference receivers, GNSS antenna solutions, GNSS evaluation kits, and GNSS simulators. u-Blox Holding AG also provides cellular communication products, such as cellular modules, cellular gateways, and cellular IoT products.

Summary

Investment analysis of Impinj, Inc. has shown a decrease in holdings by Neuberger Berman Group LLC in the fourth quarter. This data indicates that investors have become more cautious about investing in the company, likely due to its recent performance and market uncertainty. Current investors should review their portfolios and consider the risk-return trade-off when deciding whether to hold or sell their positions. Potential investors should be aware of the risks associated with investing in Impinj, Inc. and should conduct their own thorough research before taking any action.