Inphi Co. (IPHI) CEO Purchases $638,500.00 in Stock
Inphi Co. (NYSE:IPHI) CEO Ford Tamer purchased 25,000 shares of the business’s stock in a transaction on Friday, February 23rd. The shares were purchased at an average price of $25.54 per share, with a total value of $638,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Inphi Co. (IPHI) opened at $26.31 on Friday. The stock has a market capitalization of $1,119.07, a P/E ratio of 52.62 and a beta of 0.97. The company has a debt-to-equity ratio of 1.02, a quick ratio of 6.72 and a current ratio of 7.20. Inphi Co. has a 52 week low of $23.65 and a 52 week high of $49.09.
Large investors have recently made changes to their positions in the stock. Public Employees Retirement Association of Colorado bought a new position in shares of Inphi during the 4th quarter valued at approximately $106,000. Ameritas Investment Partners Inc. grew 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 valued at $127,000 after acquiring an additional 219 shares during the period. Zions Bancorporation bought a new position in shares of Inphi during the 3rd quarter valued at approximately $153,000. Icon Advisers Inc. Co. bought a new position in Inphi in the 3rd quarter worth approximately $202,000. Finally, Amalgamated Bank bought a new position in Inphi in the 3rd quarter worth approximately $212,000.
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Inphi Company 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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