American International Group Inc. lifted its stake in shares of Inphi Corporation (NYSE:IPHI) by 8.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,178 shares of the semiconductor company’s stock after purchasing an additional 2,107 shares during the period. American International Group Inc. owned 0.07% of Inphi worth $1,118,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Quantbot Technologies LP bought a new stake in shares of Inphi during the 2nd quarter worth approximately $118,000. Ameritas Investment Partners Inc. raised its stake in shares of Inphi by 6.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,689 shares of the semiconductor company’s stock worth $127,000 after purchasing an additional 219 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of Inphi by 422.7% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,872 shares of the semiconductor company’s stock worth $167,000 after purchasing an additional 3,940 shares in the last quarter. FNY Partners Fund LP increased its holdings in shares of Inphi by 76.2% during the 2nd quarter. FNY Partners Fund LP now owns 5,550 shares of the semiconductor company’s stock worth $190,000 after acquiring an additional 2,400 shares during the last quarter. Finally, Icon Advisers Inc. Co. acquired a new position in shares of Inphi during the 3rd quarter worth approximately $202,000.

Shares of Inphi Corporation (NYSE IPHI) opened at $38.78 on Tuesday. The stock has a market capitalization of $1,600.96, a price-to-earnings ratio of 49.53, a PEG ratio of 3.62 and a beta of 1.01. Inphi Corporation has a 1-year low of $33.00 and a 1-year high of $51.78. The company has a current ratio of 7.20, a quick ratio of 6.72 and a debt-to-equity ratio of 1.02.

Inphi (NYSE:IPHI) last released its earnings results on Tuesday, October 31st. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.27. The company had revenue of $84.50 million for the quarter, compared to analyst estimates of $84.30 million. Inphi had a positive return on equity of 7.79% and a negative net margin of 16.27%. Inphi’s quarterly revenue was up 19.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.46 EPS. research analysts anticipate that Inphi Corporation will post 0.51 earnings per share for the current year.

In related news, Director Diosdado P. Banatao sold 5,000 shares of the company’s stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $40.55, for a total transaction of $202,750.00. Following the completion of the sale, the director now directly owns 6,542 shares in the company, valued at approximately $265,278.10. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Diosdado P. Banatao sold 8,000 shares of the company’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $40.77, for a total value of $326,160.00. Following the sale, the director now owns 6,542 shares of the company’s stock, valued at $266,717.34. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 100,238 shares of company stock valued at $4,037,064. 3.60% of the stock is owned by corporate insiders.

IPHI has been the topic of a number of recent analyst reports. Zacks Investment Research raised Inphi from a “sell” rating to a “hold” rating in a report on Wednesday, August 23rd. BidaskClub raised Inphi from a “hold” rating to a “buy” rating in a report on Thursday, August 31st. Jefferies Group reissued a “buy” rating and set a $50.00 target price on shares of Inphi in a report on Tuesday, September 12th. Northland Securities reaffirmed a “hold” rating and issued a $33.00 price objective on shares of Inphi in a report on Friday, September 15th. Finally, Cowen reaffirmed a “buy” rating and issued a $45.00 price objective on shares of Inphi in a report on Sunday, October 1st. Five investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $45.00.

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Inphi Profile

Inphi Corporation is a provider of analog and mixed signal semiconductor solutions for the communications and datacenter markets. The Company’s solutions provide an interface between analog signals and digital information in systems, such as telecommunications transport systems, enterprise networking equipment and datacenters.

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Institutional Ownership by Quarter for Inphi (NYSE:IPHI)

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