Inphi Corp Stock in Q4 2017 Driven by Institutional Investors

May 20, 2018 - By Nellie Frank

Inphi Corporation (NYSE:IPHI) Logo

Sentiment for Inphi Corp (NYSE:IPHI)

Inphi Corp (NYSE:IPHI) institutional sentiment increased to 1.15 in Q4 2017. Its up 0.30, from 0.85 in 2017Q3. The ratio increased, as 82 hedge funds started new and increased stock positions, while 71 sold and decreased stakes in Inphi Corp. The hedge funds in our partner’s database reported: 50.71 million shares, up from 48.49 million shares in 2017Q3. Also, the number of hedge funds holding Inphi Corp in their top 10 stock positions increased from 1 to 2 for an increase of 1. Sold All: 18 Reduced: 53 Increased: 57 New Position: 25.

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 $1.44 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.

The stock decreased 0.51% or $0.17 during the last trading session, reaching $32.96. About 463,562 shares traded. Inphi Corporation (NYSE:IPHI) has declined 35.04% since May 20, 2017 and is downtrending. It has underperformed by 46.59% the S&P500.

Analysts await Inphi Corporation (NYSE:IPHI) to report earnings on August, 6. They expect $-0.23 EPS, down 355.56 % or $0.32 from last year’s $0.09 per share. After $-0.29 actual EPS reported by Inphi Corporation for the previous quarter, Wall Street now forecasts -20.69 % EPS growth.

S Squared Technology Llc holds 6.13% of its portfolio in Inphi Corporation for 183,676 shares. Quentec Asset Management Llc owns 613,663 shares or 3.54% of their US portfolio. Moreover, Herald Investment Management Ltd has 1.86% invested in the company for 162,000 shares. The Washington-based Zevenbergen Capital Investments Llc has invested 1.46% in the stock. Ranger Investment Management L.P., a Texas-based fund reported 482,075 shares.

Since January 1, 0001, it had 1 insider purchase, and 7 selling transactions for $3.00 million activity.

Inphi Corporation (NYSE:IPHI) Ratings Coverage

Ratings analysis reveals 67% of Inphi Corp’s analysts are positive. Out of 12 Wall Street analysts rating Inphi Corp, 8 give it “Buy”, 2 “Sell” rating, while 2 recommend “Hold”. The lowest target is $21.0 while the high is $47.0. The stock’s average target of $35.10 is 6.49% above today’s ($32.96) share price. IPHI was included in 24 notes of analysts from December 5, 2017. The firm earned “Buy” rating on Thursday, February 8 by Craig Hallum. The firm earned “Buy” rating on Wednesday, February 21 by Cowen & Co. Stifel Nicolaus maintained Inphi Corporation (NYSE:IPHI) rating on Monday, December 18. Stifel Nicolaus has “Buy” rating and $47.0 target. Morgan Stanley maintained the shares of IPHI in report on Thursday, February 8 with “Equal-Weight” rating. The rating was maintained by FBR Capital with “Buy” on Wednesday, April 25. The rating was downgraded by Bank of America on Friday, January 19 to “Hold”. Northland Capital maintained the stock with “Hold” rating in Thursday, February 8 report. Morgan Stanley downgraded the shares of IPHI in report on Friday, January 19 to “Equal-Weight” rating. As per Tuesday, December 5, the company rating was maintained by FBR Capital. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, January 19 report.

More news for Inphi Corporation (NYSE:IPHI) were recently published by: Seekingalpha.com, which released: “Inphi Corporation 2018 Q1 – Results – Earnings Call Slides” on April 25, 2018. Seekingalpha.com‘s article titled: “Weak Fundamentals And High Valuation Multiples Make Inphi A Short Candidate” and published on May 18, 2018 is yet another important article.

Inphi Corporation (NYSE:IPHI) Institutional Positions Chart

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