Inphi Corporation (NYSE:IPHI) VP Charles Roach sold 14,000 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $40.50, for a total transaction of $567,000.00. Following the sale, the vice president now owns 93,947 shares in the company, valued at approximately $3,804,853.50. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Shares of Inphi Corporation (NYSE IPHI) traded up $0.29 on Tuesday, reaching $41.15. 657,000 shares of the company traded hands, compared to its average volume of 976,016. Inphi Corporation has a 12 month low of $33.00 and a 12 month high of $51.78. The company has a market capitalization of $1,737.92, a PE ratio of 53.76, a PEG ratio of 3.76 and a beta of 1.04. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.20 and a quick ratio of 6.72.

Inphi Corporation (NYSE:IPHI) last announced its quarterly earnings results on Tuesday, October 31st. The semiconductor company reported $0.36 earnings per share for the quarter, topping the 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 quarter in the previous year, the business posted $0.46 earnings per share. Inphi Corporation’s quarterly revenue was up 19.4% on a year-over-year basis. analysts anticipate that Inphi Corporation will post 0.51 earnings per share for the current year.

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A number of research firms have commented on IPHI. B. Riley restated a “buy” rating and set a $45.00 target price on shares of Inphi Corporation in a research note on Wednesday, August 2nd. Craig Hallum restated a “buy” rating and set a $44.00 target price (down previously from $49.00) on shares of Inphi Corporation in a research note on Tuesday, August 8th. Morgan Stanley decreased their target price on shares of Inphi Corporation from $48.00 to $44.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 8th. Deutsche Bank AG decreased their target price on shares of Inphi Corporation from $46.00 to $45.00 and set a “buy” rating on the stock in a research note on Tuesday, August 8th. Finally, Cowen and Company reiterated a “buy” rating and set a $45.00 price objective on shares of Inphi Corporation in a research report on Sunday, October 1st. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $44.50.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Quentec Asset Management LLC increased its position in Inphi Corporation by 145.8% in the third quarter. Quentec Asset Management LLC now owns 448,216 shares of the semiconductor company’s stock worth $17,790,000 after purchasing an additional 265,837 shares during the last quarter. Epoch Investment Partners Inc. purchased a new position in Inphi Corporation during the third quarter worth $21,852,000. Elk Creek Partners LLC boosted its stake in Inphi Corporation by 2.5% during the third quarter. Elk Creek Partners LLC now owns 482,159 shares of the semiconductor company’s stock worth $19,137,000 after buying an additional 11,601 shares during the period. Westfield Capital Management Co. LP boosted its stake in Inphi Corporation by 60.7% during the third quarter. Westfield Capital Management Co. LP now owns 557,240 shares of the semiconductor company’s stock worth $22,117,000 after buying an additional 210,380 shares during the period. Finally, Pinnacle Associates Ltd. purchased a new position in Inphi Corporation during the third quarter worth $651,000.

About Inphi Corporation

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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