Impinj Inc. (NASDAQ: PI) recently reported an insider transaction involving Cary Baker, the company’s Chief Financial Officer. On November 27, 2023, Baker sold 1,468 shares of Impinj Inc.
As the CFO, Cary Baker oversees the company’s financial strategies, including financial planning, risk management, record-keeping, and financial reporting.
Impinj Inc. specializes in providing end-to-end RAIN RFID solutions, a wireless technology that connects everyday items to the internet, enabling identification, location tracking, authentication, and engagement.
Over the past year, Cary Baker has sold a total of 21,242 shares without any purchases. Looking at Impinj Inc’s broader insider transaction history over the past year, there have been 19 insider buys and 83 insider sells. On the day of Cary Baker’s recent sale, Impinj Inc’s shares were trading at $82.94, resulting in a market cap of $2.24 billion.
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