PI - 10% Owner of Impinj Purchased $2.46M In Stock | Benzinga
Sylebra Capital Ltd, 10% Owner at Impinj (NASDAQ:PI), reported a large insider buy on November 15, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Ltd purchased 33,682 shares of Impinj. The total transaction amounted to $2,464,175.
Impinj shares are trading up 1.78% at $80.42 at the time of this writing on Thursday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however, they ...