Inphi Co. (NYSE:IPHI) traded up 3.4% during trading on Tuesday . The company traded as high as $26.40 and last traded at $24.98. 374,446 shares were traded during trading, a decline of 70% from the average session volume of 1,235,282 shares. The stock had previously closed at $25.86.

A number of equities research analysts recently commented on the stock. BidaskClub upgraded shares of Inphi from a “sell” rating to a “hold” rating in a report on Thursday, October 26th. Zacks Investment Research lowered shares of Inphi from a “hold” rating to a “sell” rating in a report on Wednesday, January 3rd. Morgan Stanley dropped their price objective on shares of Inphi from $36.00 to $34.00 and set an “equal weight” rating on the stock in a report on Thursday, February 8th. Northland Securities restated a “hold” rating and set a $21.00 price objective on shares of Inphi in a report on Thursday, February 8th. Finally, Needham & Company LLC restated a “buy” rating and set a $50.00 price objective on shares of Inphi in a report on Tuesday, November 14th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $39.93.

The company has a market capitalization of $1,099.92, a PE ratio of -14.13, a price-to-earnings-growth ratio of 2.91 and a beta of 0.97. The company has a current ratio of 7.20, a quick ratio of 6.72 and a debt-to-equity ratio of 1.02.

In related news, VP Charles Roach sold 28,000 shares of the firm’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $40.27, for a total value of $1,127,560.00. Following the completion of the transaction, the vice president now owns 93,947 shares of the company’s stock, valued at $3,783,245.69. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In the last ninety days, insiders sold 28,298 shares of company stock valued at $1,138,857. 3.60% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Sciencast Management LP bought a new position in shares of Inphi in the 4th quarter valued at about $292,000. TIAA CREF Investment Management LLC grew its position in shares of Inphi by 229.6% in the 4th quarter. TIAA CREF Investment Management LLC now owns 365,832 shares of the semiconductor company’s stock valued at $13,389,000 after acquiring an additional 254,835 shares during the period. Folger Hill Asset Management LP grew its position in shares of Inphi by 57.0% in the 4th quarter. Folger Hill Asset Management LP now owns 58,400 shares of the semiconductor company’s stock valued at $2,137,000 after acquiring an additional 21,200 shares during the period. Caption Management LLC bought a new position in shares of Inphi in the 4th quarter valued at about $915,000. Finally, Osterweis Capital Management Inc. grew its position in shares of Inphi by 58.0% in the 4th quarter. Osterweis Capital Management Inc. now owns 107,514 shares of the semiconductor company’s stock valued at $3,935,000 after acquiring an additional 39,470 shares during the period.

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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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