Inphi Corporation (IPHI)’s Stock Is Buy After Today’s Significant Increase

September 17, 2017 - By Stephen Andrade

Investors sentiment decreased to 0.86 in 2016 Q4. Its down 0.57, from 1.43 in 2016Q3. It turned negative, as 36 investors sold Inphi Corporation shares while 74 reduced holdings. 35 funds opened positions while 60 raised stakes. 38.99 million shares or 0.60% more from 38.76 million shares in 2016Q3 were reported.
Grandeur Peak Glob Advisors Limited Liability reported 260,725 shares or 2.13% of all its holdings. Proshare Lc, Maryland-based fund reported 6,454 shares. Hillsdale Invest Management Incorporated has invested 0.17% in Inphi Corporation (NYSE:IPHI). Oberweis Asset Management invested in 3.72% or 279,355 shares. Illinois-based Driehaus Capital Mgmt Limited Liability Corp has invested 0.44% in Inphi Corporation (NYSE:IPHI). Nationwide Fund Advsr holds 0.01% or 73,006 shares in its portfolio. Eaton Vance Mgmt has invested 0% in Inphi Corporation (NYSE:IPHI). Neuberger Berman Group Limited Liability Corporation holds 20,000 shares. Oz Mngmt Limited Partnership holds 0% in Inphi Corporation (NYSE:IPHI) or 13,000 shares. Financial Architects Incorporated holds 533 shares or 0.01% of its portfolio. Denver Investment Limited Liability Com invested in 12,368 shares. Nicholas Invest L P owns 185,269 shares. 134,700 were accumulated by Sandler Cap Mgmt. Putnam Investments Ltd Liability stated it has 33,357 shares. Magee Thomson Prns Ltd Liability Corporation holds 0% of its portfolio in Inphi Corporation (NYSE:IPHI) for 21 shares.

Since April 6, 2017, it had 0 insider buys, and 2 sales for $16,107 activity. Torten Ron had sold 234 shares worth $10,677 on Thursday, April 6. The insider Ogawa Richard sold $5,430.

The stock of Inphi Corporation (NYSE:IPHI) is a huge mover today! The stock increased 4.12% or $1.59 on September 15, reaching $40.19. About 986,902 shares traded or 15.69% up from the average. Inphi Corporation (NYSE:IPHI) has risen 38.34% since September 17, 2016 and is uptrending. It has outperformed by 21.64% the S&P500.
The move comes after 7 months positive chart setup for the $1.70 billion company. It was reported on Sep, 17 by Barchart.com. We have $41.40 PT which if reached, will make NYSE:IPHI worth $51.00M more.

Wall Street await Inphi Corporation (NYSE:IPHI) to release earnings on November, 7. Analysts forecast EPS of $0.08, down exactly $0.22 or 73.33 % from 2014’s $0.3 EPS. The expected IPHI’s profit could reach $3.38M giving the stock 125.59 P/E in the case that $0.08 earnings per share is reported. After posting $0.09 EPS for the previous quarter, Inphi Corporation’s analysts now forecast -11.11 % negative EPS growth.

Inphi Corporation (NYSE:IPHI) Ratings Coverage

Among 15 analysts covering Inphi (NYSE:IPHI), 14 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. Inphi had 51 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by TH Capital with “Buy” on Thursday, December 10. As per Tuesday, August 8, the company rating was maintained by Craig Hallum. As per Monday, November 9, the company rating was downgraded by Northland Capital. Cowen & Co maintained the shares of IPHI in report on Wednesday, May 3 with “Outperform” rating. As per Friday, October 14, the company rating was initiated by Cowen & Co. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, October 28 report. Roth Capital maintained Inphi Corporation (NYSE:IPHI) rating on Thursday, March 24. Roth Capital has “Buy” rating and $37 target. The company was maintained on Thursday, August 3 by Roth Capital. On Thursday, December 10 the stock rating was maintained by Roth Capital with “Buy”. The firm has “Buy” rating given on Thursday, October 13 by Stifel Nicolaus.

More notable recent Inphi Corporation (NYSE:IPHI) news were published by: Seekingalpha.com which released: “Inphi (IPHI) Q2 2017 Results – Earnings Call Transcript” on August 08, 2017, also Seekingalpha.com with their article: “Inphi: Accelerating In The High-Speed Lane” published on July 27, 2017, Fool.com published: “Why Inphi Corp. Stock Plummeted Today” on May 03, 2017. More interesting news about Inphi Corporation (NYSE:IPHI) were released by: Seekingalpha.com and their article: “Why Inphi Is A Strong Buy Opportunity” published on March 20, 2017 as well as Globenewswire.com‘s news article titled: “Inphi Corporation Announces Second Quarter 2017 Results” with publication date: August 07, 2017.

Inphi Corporation is a provider of analog and mixed signal semiconductor solutions for the communications and datacenter markets. The company has market cap of $1.70 billion. 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. It currently has negative earnings. It is engaged in the design, development and sale of analog connectivity components that operate to maintain, amplify and manage signal integrity at high speeds in a range of applications.

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