Inphi Co. (NYSE:IPHI) Director William J. Ruehle sold 2,800 shares of the business’s stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $75.10, for a total transaction of $210,280.00. Following the completion of the sale, the director now owns 7,531 shares in the company, valued at approximately $565,578.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

IPHI stock traded down $0.84 during mid-day trading on Monday, reaching $72.86. 529,389 shares of the stock traded hands, compared to its average volume of 878,111. The company has a debt-to-equity ratio of 1.35, a quick ratio of 6.83 and a current ratio of 7.62. Inphi Co. has a one year low of $29.56 and a one year high of $77.67. The stock has a market capitalization of $3.36 billion, a PE ratio of -127.82 and a beta of 1.59. The business has a 50-day moving average price of $64.81 and a two-hundred day moving average price of $57.38.

Inphi (NYSE:IPHI) last posted its quarterly earnings data on Tuesday, October 29th. The semiconductor company reported $0.45 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.08. Inphi had a negative net margin of 23.23% and a positive return on equity of 0.46%. The business had revenue of $94.23 million for the quarter, compared to analysts’ expectations of $90.09 million. During the same quarter in the previous year, the business posted $0.30 earnings per share. The business’s revenue was up 20.8% compared to the same quarter last year. On average, equities analysts expect that Inphi Co. will post -0.03 earnings per share for the current fiscal year.

Several brokerages recently weighed in on IPHI. Morgan Stanley boosted their price target on shares of Inphi from $45.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Friday, August 2nd. Needham & Company LLC reiterated a “buy” rating and set a $85.00 price objective (up previously from $72.00) on shares of Inphi in a research report on Monday, November 11th. Stifel Nicolaus set a $79.00 price objective on shares of Inphi and gave the company a “buy” rating in a research report on Friday, November 1st. JPMorgan Chase & Co. boosted their price objective on shares of Inphi from $77.00 to $95.00 in a research report on Tuesday, November 12th. Finally, B. Riley boosted their price objective on shares of Inphi from $45.00 to $51.00 and gave the company a “neutral” rating in a research report on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the company. Inphi presently has an average rating of “Buy” and an average price target of $71.93.

Several institutional investors and hedge funds have recently modified their holdings of IPHI. Marshall Wace LLP purchased a new stake in shares of Inphi during the first quarter valued at $70,000. Marshall Wace North America L.P. purchased a new stake in shares of Inphi during the first quarter valued at $30,000. First Trust Advisors LP boosted its stake in shares of Inphi by 26.4% during the first quarter. First Trust Advisors LP now owns 46,998 shares of the semiconductor company’s stock valued at $2,056,000 after purchasing an additional 9,812 shares during the period. Cortina Asset Management LLC boosted its stake in shares of Inphi by 2.0% during the second quarter. Cortina Asset Management LLC now owns 162,957 shares of the semiconductor company’s stock valued at $8,164,000 after purchasing an additional 3,193 shares during the period. Finally, Zions Bancorporation N.A. boosted its stake in shares of Inphi by 6.3% during the second quarter. Zions Bancorporation N.A. now owns 4,297 shares of the semiconductor company’s stock valued at $215,000 after purchasing an additional 256 shares during the period.

Inphi Company Profile

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

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