Inphi Corporation (NYSE:IPHI) Director Diosdado P. Banatao sold 5,000 shares of the company’s stock in a transaction dated 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 transaction, the director now owns 6,542 shares in the company, valued at $265,278.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Inphi Corporation (NYSE IPHI) opened at $40.86 on Friday. The company has a current ratio of 7.20, a quick ratio of 6.71 and a debt-to-equity ratio of 1.02. Inphi Corporation has a 1-year low of $33.00 and a 1-year high of $51.78. The stock has a market cap of $1,737.94, a PE ratio of 53.76, a price-to-earnings-growth ratio of 3.76 and a beta of 1.04.

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

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A number of institutional investors have recently modified their holdings of the business. Amalgamated Bank bought a new position in Inphi Corporation during the 3rd quarter worth about $212,000. Zevenbergen Capital Investments LLC boosted its holdings in shares of Inphi Corporation by 2.1% in the 3rd quarter. Zevenbergen Capital Investments LLC now owns 809,140 shares of the semiconductor company’s stock valued at $32,115,000 after buying an additional 16,255 shares in the last quarter. Trexquant Investment LP bought a new stake in shares of Inphi Corporation in the 3rd quarter valued at about $449,000. Legal & General Group Plc boosted its holdings in shares of Inphi Corporation by 25.0% in the 3rd quarter. Legal & General Group Plc now owns 21,462 shares of the semiconductor company’s stock valued at $850,000 after buying an additional 4,297 shares in the last quarter. Finally, Great West Life Assurance Co. Can boosted its holdings in shares of Inphi Corporation by 71.5% in the 3rd quarter. Great West Life Assurance Co. Can now owns 5,526 shares of the semiconductor company’s stock valued at $217,000 after buying an additional 2,304 shares in the last quarter.

A number of research firms have recently commented on IPHI. B. Riley restated a “buy” rating and issued a $42.50 price target on shares of Inphi Corporation in a report on Saturday, August 12th. J P Morgan Chase & Co restated an “overweight” rating and issued a $50.00 price target (down from $54.00) on shares of Inphi Corporation in a report on Tuesday, August 8th. Deutsche Bank AG cut their price target on shares of Inphi Corporation from $47.00 to $46.00 and set a “buy” rating on the stock in a report on Friday, July 21st. Roth Capital cut their price target on shares of Inphi Corporation from $51.70 to $44.00 and set a “buy” rating on the stock in a report on Tuesday, August 8th. Finally, BidaskClub upgraded shares of Inphi Corporation from a “hold” rating to a “buy” rating in a report on Thursday, August 31st. Four equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Inphi Corporation currently has a consensus rating of “Buy” and a consensus target price of $44.50.

Inphi Corporation 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.

Insider Buying and Selling by Quarter for Inphi Corporation (NYSE:IPHI)

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