Somewhat Favorable News Coverage Somewhat Unlikely to Impact Inphi (IPHI) Stock Price


News coverage about Inphi (NYSE:IPHI) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Inphi earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news coverage about the semiconductor company an impact score of 46.0564611984507 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.


Shares of NYSE:IPHI traded up $0.03 during midday trading on Friday, reaching $34.46. 702,203 shares of the company traded hands, compared to its average volume of 434,395. The company has a debt-to-equity ratio of 1.06, a quick ratio of 8.14 and a current ratio of 8.76. Inphi has a 12 month low of $23.65 and a 12 month high of $44.32. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 59.41 and a beta of 0.99.

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Inphi (NYSE:IPHI) last released its quarterly earnings data on Tuesday, April 24th. The semiconductor company reported ($0.05) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.05). Inphi had a negative return on equity of 0.01% and a negative net margin of 27.52%. The company had revenue of $60.10 million for the quarter, compared to analyst estimates of $59.82 million. During the same period in the previous year, the company posted $0.44 EPS. The firm’s revenue for the quarter was down 35.8% compared to the same quarter last year. equities analysts predict that Inphi will post -0.61 EPS for the current fiscal year.


A number of research analysts have recently commented on IPHI shares. ValuEngine raised Inphi from a “sell” rating to a “hold” rating in a research report on Tuesday, February 27th. Northland Securities cut Inphi from a “market perform” rating to an “under perform” rating in a research report on Monday, March 19th. They noted that the move was a valuation call. Zacks Investment Research raised Inphi from a “sell” rating to a “hold” rating in a research report on Wednesday, April 11th. DA Davidson set a $32.00 price target on Inphi and gave the company a “hold” rating in a research report on Wednesday, April 25th. Finally, Needham & Company LLC cut Inphi from a “strong-buy” rating to a “buy” rating and set a $35.00 price target on the stock. in a research report on Wednesday, April 25th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and ten have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $39.60.


In other Inphi news, General Counsel Richard Ogawa sold 4,986 shares of the company’s stock in a transaction dated Tuesday, April 24th. The stock was sold at an average price of $31.43, for a total value of $156,709.98. Following the transaction, the general counsel now directly owns 54,755 shares in the company, valued at approximately $1,720,949.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Ron Torten sold 4,309 shares of the company’s stock in a transaction dated Wednesday, May 30th. The stock was sold at an average price of $35.00, for a total value of $150,815.00. Following the completion of the transaction, the vice president now owns 76,955 shares in the company, valued at $2,693,425. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,740 shares of company stock worth $415,829. 3.40% of the stock is currently owned by corporate insiders.


About Inphi

Inphi Corporation provides high-speed analog and mixed signal semiconductor solutions for the communications, datacenter, and computing markets worldwide. The company's analog and mixed signal semiconductor solutions offers high signal integrity at data speeds while reducing system power consumption.

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

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