Jefferies Group LLC reiterated their buy rating on shares of Inphi Corporation (NYSE:IPHI) in a research report sent to investors on Thursday, July 6th. Jefferies Group LLC currently has a $53.00 target price on the semiconductor company’s stock.

IPHI has been the topic of a number of other research reports. Cowen and Company reaffirmed an outperform rating and set a $65.00 price objective on shares of Inphi Corporation in a report on Saturday, March 11th. Zacks Investment Research raised Inphi Corporation from a sell rating to a hold rating in a report on Wednesday, July 5th. Rosenblatt Securities reissued a buy rating and issued a $60.00 target price on shares of Inphi Corporation in a report on Thursday, March 16th. BidaskClub lowered Inphi Corporation from a hold rating to a sell rating in a report on Saturday, June 17th. Finally, TheStreet lowered Inphi Corporation from a b rating to a c rating in a report on Tuesday, May 2nd. Three investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Inphi Corporation has an average rating of Buy and a consensus price target of $47.10.

Shares of Inphi Corporation (NYSE:IPHI) traded up 0.29% on Thursday, hitting $34.56. The stock had a trading volume of 1,121,729 shares. The stock has a market cap of $1.46 billion, a P/E ratio of 17.19 and a beta of 1.15. Inphi Corporation has a 12 month low of $33.00 and a 12 month high of $51.78. The firm has a 50 day moving average of $37.19 and a 200 day moving average of $42.38.

Inphi Corporation (NYSE:IPHI) last announced its quarterly earnings data on Tuesday, May 2nd. The semiconductor company reported $0.23 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.01. Inphi Corporation had a return on equity of 11.23% and a net margin of 28.77%. The firm had revenue of $93.58 million for the quarter, compared to analyst estimates of $93.49 million. On average, equities analysts forecast that Inphi Corporation will post $1.58 earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This news story was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of U.S. and international copyright and trademark legislation. The original version of this news story can be accessed at https://www.thecerbatgem.com/2017/08/04/inphi-corporation-iphi-stock-rating-reaffirmed-by-jefferies-group-llc-updated-updated-updated.html.

A number of institutional investors have recently added to or reduced their stakes in the company. FNY Partners Fund LP increased its position in Inphi Corporation by 1,345.0% in the first quarter. FNY Partners Fund LP now owns 3,150 shares of the semiconductor company’s stock valued at $153,000 after buying an additional 2,932 shares during the period. Ameritas Investment Partners Inc. acquired a new position in Inphi Corporation during the first quarter valued at $169,000. US Bancorp DE increased its position in Inphi Corporation by 27.5% in the first quarter. US Bancorp DE now owns 3,498 shares of the semiconductor company’s stock valued at $170,000 after buying an additional 754 shares during the period. Creative Planning increased its position in Inphi Corporation by 367.5% in the first quarter. Creative Planning now owns 4,025 shares of the semiconductor company’s stock worth $197,000 after buying an additional 3,164 shares during the period. Finally, Greenwood Capital Associates LLC purchased a new position in Inphi Corporation during the first quarter worth approximately $217,000.

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.

Analyst Recommendations for Inphi Corporation (NYSE:IPHI)

Receive News & Stock Ratings for Inphi Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inphi Corporation and related stocks with our FREE daily email newsletter.