Is Buying Inphi Corporation (NYSE:IPHI) Here Good Idea?

February 14, 2018 - By Dolores Ford

 Is Buying Inphi Corporation (NYSE:IPHI) Here Good Idea?

Investors sentiment decreased to 0.85 in Q3 2017. Its down 0.09, from 0.94 in 2017Q2. It fall, as 29 investors sold Inphi Corporation shares while 60 reduced holdings. 23 funds opened positions while 53 raised stakes. 48.49 million shares or 3.03% more from 47.07 million shares in 2017Q2 were reported.
S Squared Limited Liability stated it has 5.15% in Inphi Corporation (NYSE:IPHI). Lpl Financial Ltd Liability Company reported 11,217 shares. 309,910 were reported by Kornitzer Ks. Ranger Investment Mngmt Limited Partnership owns 505,575 shares or 1.51% of their US portfolio. Quantum Cap Management holds 0.07% of its portfolio in Inphi Corporation (NYSE:IPHI) for 7,631 shares. Icon Advisers holds 0.01% or 5,100 shares in its portfolio. Grandeur Peak Global Advsrs Ltd Liability Company has 1.55% invested in Inphi Corporation (NYSE:IPHI) for 256,450 shares. Rhumbline Advisers, Massachusetts-based fund reported 53,352 shares. Eaton Vance Mngmt owns 0% invested in Inphi Corporation (NYSE:IPHI) for 25,418 shares. Moreover, Pictet Asset Management Limited has 0.07% invested in Inphi Corporation (NYSE:IPHI). 1.05 million were accumulated by State Street. Tocqueville Asset Mngmt Ltd Partnership owns 12,100 shares. Juncture Wealth Strategies Limited invested 0.51% in Inphi Corporation (NYSE:IPHI). Vanguard Gru Inc reported 3.14 million shares. Suffolk Capital Mngmt Lc stated it has 0.17% in Inphi Corporation (NYSE:IPHI).

Since September 30, 2017, it had 0 insider buys, and 3 selling transactions for $20,791 activity. Another trade for 179 shares valued at $6,786 was made by Torten Ron on Wednesday, January 3.

The stock of Inphi Corporation (NYSE:IPHI) registered a decrease of 0.99% in short interest. IPHI’s total short interest was 8.76M shares in February as published by FINRA. Its down 0.99% from 8.85M shares, reported previously. With 545,500 shares average volume, it will take short sellers 16 days to cover their IPHI’s short positions. The short interest to Inphi Corporation’s float is 22.99%.

The stock decreased 3.40% or $0.88 during the last trading session, reaching $24.98. About 820,698 shares traded. Inphi Corporation (NYSE:IPHI) has risen 38.34% since February 14, 2017 and is uptrending. It has outperformed by 21.64% the S&P500.

Inphi Corporation provides high-speed analog and mixed signal semiconductor solutions for the communications, datacenter, and computing markets worldwide. The company has market cap of $1.06 billion. The companyÂ’s analog and mixed signal semiconductor solutions offers high signal integrity at data speeds while reducing system power consumption. It currently has negative earnings. The Company’s semiconductor solutions are designed to address bandwidth bottlenecks in networks, maximize throughput and minimize latency in computing environments, and enable the rollout of next generation communications and datacenter infrastructures.

Inphi Corporation (NYSE:IPHI) Ratings Coverage

Among 17 analysts covering Inphi (NYSE:IPHI), 12 have Buy rating, 1 Sell and 4 Hold. Therefore 71% are positive. Inphi had 78 analyst reports since July 29, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Buy” rating and $38 target in Friday, February 5 report. Stifel Nicolaus maintained Inphi Corporation (NYSE:IPHI) rating on Friday, January 19. Stifel Nicolaus has “Buy” rating and $45.0 target. The stock has “Buy” rating by Stifel Nicolaus on Thursday, February 8. Needham maintained the stock with “Buy” rating in Monday, August 7 report. Roth Capital maintained the stock with “Buy” rating in Thursday, August 3 report. As per Thursday, December 22, the company rating was maintained by Cowen & Co. The rating was maintained by Jefferies on Monday, September 11 with “Buy”. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, February 6 report. The stock has “Buy” rating by Roth Capital on Thursday, December 10. The rating was maintained by Needham on Monday, February 8 with “Strong Buy”.

More notable recent Inphi Corporation (NYSE:IPHI) news were published by: Globenewswire.com which released: “Inphi Awarded by InnoLight for Technology Innovation” on February 14, 2018, also Benzinga.com with their article: “Inphi Corp.’s Lower Q1 Guidance Triggers BofA Downgrade” published on February 08, 2018, Globenewswire.com published: “Inphi Corporation Announces Q4 and FY 2017 Results” on February 07, 2018. More interesting news about Inphi Corporation (NYSE:IPHI) were released by: Seekingalpha.com and their article: “Inphi drops 6.5% after warning of ‘challenging’ quarter” published on January 18, 2018 as well as Seekingalpha.com‘s news article titled: “Needham lowers Inphi price target, still a 27% upside” with publication date: January 19, 2018.

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