Cary Baker Buys Shares of Impinj, Inc. $PI
Key Points
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Cary Baker, CHIEF FINANCIAL OFFICER at Impinj, Inc. ($PI), bought 1,076 shares at an average price of $0. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Impinj, Inc. Stock Down 24.7%
Shares of Impinj, Inc. ($PI) traded around $127.98 on Thursday, down 24.7% for the day.
Impinj, Inc. Earnings
Analysts Set New Price Targets
About Impinj, Inc.
Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects items and delivers data about the connected items to business and consumer applications. The company's platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item. Its platform also consists of systems products that consists of reader ICs, readers, and gateways to wirelessly provide power to and communicate bidirectionally with endpoint ICs on host items, as well as to read, write, authenticate, and engage the endpoint ICs on those items; and software that enable its partners to solve enterprise business problems, such as package sortation, dock door ingress/egress and retail self-checkout and loss prevention. The company primarily serves retail, supply chain and logistics, automotive, aviation, banking, datacenters, food, healthcare, industrial and manufacturing, linen and uniform tracking, sports, and travel industries through original equipment and device manufacturers, tag service bureaus, systems integrators, value-added resellers, independent software vendors, and other solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.
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