Top Impinj executives sold company stocks in late 2019, despite the company's reported revenue surge.

Top executives at Impinj, Inc., including COO Hussein Mecklai and CEO Chris Diorio, sold significant portions of their company stock in late December 2019. Mecklai sold 826 shares, Diorio sold 1,504 shares, and Chief Revenue Officer Jeffrey Dossett sold 580 shares. Despite these sales, the company reported a 46.5% increase in revenue and analysts gave it a "Moderate Buy" rating with a target price of $224.60. Institutional investors also adjusted their holdings, with some increasing their stakes.

3 months ago
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