Two Sigma Advisers LP increased its stake in Inphi Co. (NYSE:IPHI) by 8.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,198 shares of the semiconductor company’s stock after purchasing an additional 1,485 shares during the period. Two Sigma Advisers LP’s holdings in Inphi were worth $617,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Inphi by 28.3% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,023 shares of the semiconductor company’s stock valued at $97,000 after acquiring an additional 666 shares during the last quarter. NumerixS Investment Technologies Inc bought a new position in Inphi during the fourth quarter valued at approximately $58,000. PNC Financial Services Group Inc. grew its position in Inphi by 186.4% during the third quarter. PNC Financial Services Group Inc. now owns 2,801 shares of the semiconductor company’s stock valued at $105,000 after acquiring an additional 1,823 shares during the last quarter. Teachers Advisors LLC grew its position in Inphi by 2.3% during the third quarter. Teachers Advisors LLC now owns 83,064 shares of the semiconductor company’s stock valued at $3,155,000 after acquiring an additional 1,838 shares during the last quarter. Finally, California Public Employees Retirement System grew its position in Inphi by 8.9% during the fourth quarter. California Public Employees Retirement System now owns 38,133 shares of the semiconductor company’s stock valued at $1,226,000 after acquiring an additional 3,101 shares during the last quarter.

A number of research analysts have commented on IPHI shares. ValuEngine cut shares of Inphi from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 2nd. DA Davidson upgraded shares of Inphi from a “neutral” rating to a “buy” rating and increased their price target for the company from $36.00 to $45.00 in a research report on Monday, January 28th. Craig Hallum increased their price target on shares of Inphi from $40.00 to $48.00 and gave the company a “buy” rating in a research report on Wednesday, January 30th. Needham & Company LLC increased their price target on shares of Inphi to $46.00 and gave the company a “buy” rating in a research report on Wednesday, January 30th. Finally, Zacks Investment Research upgraded shares of Inphi from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a research report on Tuesday, February 5th. Two research analysts have rated the stock with a sell rating, two have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $41.79.

In other news, CFO John Edmunds sold 10,000 shares of the stock in a transaction that occurred on Tuesday, February 12th. The stock was sold at an average price of $40.00, for a total transaction of $400,000.00. Following the completion of the sale, the chief financial officer now owns 252,806 shares of the company’s stock, valued at $10,112,240. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Ford Tamer sold 37,000 shares of the stock in a transaction that occurred on Tuesday, February 12th. The shares were sold at an average price of $40.00, for a total value of $1,480,000.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 58,595 shares of company stock valued at $2,415,055. Insiders own 3.40% of the company’s stock.

NYSE:IPHI opened at $46.70 on Friday. The company has a market cap of $2.07 billion, a PE ratio of -81.93, a P/E/G ratio of 6.19 and a beta of 1.56. Inphi Co. has a fifty-two week low of $27.12 and a fifty-two week high of $48.21. The company has a quick ratio of 7.42, a current ratio of 7.93 and a debt-to-equity ratio of 1.22.

Inphi (NYSE:IPHI) last released its quarterly earnings data on Tuesday, January 29th. The semiconductor company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.03. The firm had revenue of $86.53 million during the quarter, compared to analyst estimates of $86.64 million. Inphi had a negative return on equity of 5.43% and a negative net margin of 32.51%. Sell-side analysts anticipate that Inphi Co. will post 0.18 earnings per share for the current year.

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About Inphi

Inphi Corporation provides high-speed analog and mixed signal semiconductor solutions for the communications, datacenter, and computing markets worldwide. Its analog and mixed signal semiconductor solutions offer high signal integrity at various data speeds and reduce system power consumption. The company's semiconductor solutions address bandwidth bottlenecks in networks, maximize throughput and minimize latency in computing environments, and enable the rollout of communications and datacenter infrastructures.

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Institutional Ownership by Quarter for Inphi (NYSE:IPHI)

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