Chris Diorio, PhD, Reduces Stake in Impinj, with Stock Disposal
January 6, 2023
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Impinj Intrinsic Value – IMPINJ ($NASDAQ:PI), Inc. is a leading provider of ultra-high-frequency radio frequency identification (RFID) technology solutions. The company’s products are used by customers to improve supply chain performance by providing real-time visibility into inventory, assets and people. Recently, Chris Diorio, who holds a Ph.D., has disposed of 1612 shares of Impinj, Inc. stock. This stock disposal represents a significant reduction in his stake in the company. The current stock disposal may indicate that Diorio is looking to diversify his investments or is expecting a downturn in the company’s future performance. This could potentially be a sign of a bearish outlook on Impinj, Inc. stock.
Despite the stock disposal by Diorio, Impinj Inc. remains an attractive option for investors. Its RFID technology solutions are widely used across many industries and its stock price has been steadily increasing over the past few years. In addition to its financials, Impinj Inc. is also investing heavily in research and development to ensure its products remain competitive in the marketplace. It also recently announced a strategic partnership with Microsoft that will help it expand its market share and reach new customers. Overall, while Chris Diorio’s stock disposal may be a sign of a bearish outlook on Impinj Inc., the company remains a strong investment option for investors looking to diversify their portfolios or capitalize on the growth of RFID technology solutions.
Market Price
The news has mostly been positive so far, despite the decline in the company’s stock on Thursday. On that day, IMPINJ stock opened at $107.0 and closed at $105.5, which was a 2.3% decrease from its last closing price of $108.0. The decline in the company’s stock has not deterred investors from investing in Impinj. Instead, investors are viewing this as an opportunity to buy into the company at a lower price. With its recent performance, Impinj remains a solid investment for those looking to diversify their portfolios. Dr. Diorio’s decision to reduce his stake in Impinj is likely based on his own assessment of the company’s performance rather than any indication of a potential decline in the company’s stock value.
This is evidenced by the fact that the stock has remained relatively stable since his announcement. Overall, investors remain optimistic about Impinj and its future prospects. The company has a strong track record of success and is well-positioned to capitalize on emerging trends in technology and the Internet of Things (IoT). As such, it is likely that the company’s stock will continue to rise, even after the recent dip in value. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Impinj. More…
| Total Revenues | Net Income | Net Margin |
| 233.78 | -44.2 | -18.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Impinj. More…
| Operations | Investing | Financing |
| 2.87 | -124.33 | 95.58 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Impinj. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 327.79 | 325.73 | 0.08 |
Key Ratios Snapshot
Some of the financial key ratios for Impinj are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 16.8% | – | -17.5% |
| FCF Margin | ROE | ROA |
| -2.2% | 555.9% | -7.8% |
VI Analysis – Impinj Intrinsic Value
IMPINJ is a technology company that develops and manufactures RFID products and services. Its fundamentals, including revenue growth, operating margin, and liquidity position, reflect the company’s long-term potential. The intrinsic value of IMPINJ share is estimated to be $66.1, as calculated by the VI Line valuation model. At the current trading price of $105.5, the stock appears to be overvalued by around 60%. The company’s financials indicate a healthy performance in terms of revenue growth and profitability. IMPINJ’s net income for the last two years has been positive and it has seen a significant increase in its cash reserves. Overall, with its strong fundamentals, the company appears to be in a strong financial position. However, due to its current trading price being significantly higher than its intrinsic value, it appears to be overvalued in the market. More…
VI Peers
Its product portfolio includes RFID readers, antennas, tags, and other related hardware and software products. The company’s solutions are used in a wide variety of applications, including inventory management, supply chain management, asset tracking, and access control. Impinj also offers a wide range of services, including consulting, support, and education. The company’s products compete against those offered by Ceragon Networks Ltd, u-Blox Holding AG, and Redline Communications Group Inc.
– Ceragon Networks Ltd ($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
Investors have taken note of Impinj, Inc. (PI), a leading provider of RAIN RFID solutions, as a recent stock disposal by Chris Diorio, PhD, has been seen as a positive sign. Analysts suggest that Impinj is well positioned for short-term and long-term growth, with a number of initiatives in place to bolster its market position. The company has recently announced plans to increase its investments in research and development as well as expand its product lines and partnerships.
Additionally, Impinj has increased its focus on high-value customers to drive growth and profitability. Overall, analysts have a positive outlook on Impinj’s future and suggest that it is a strong investment opportunity.
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