Inphi Corp (NYSE:IPHI): Jefferies Reconfirms Buy Rating Today, Has a Target of $50.0/Share

September 17, 2017 - By Vivian Park

 Inphi Corp (NYSE:IPHI): Jefferies Reconfirms Buy Rating Today, Has a Target of $50.0/Share

Investors sentiment decreased to 0.86 in Q4 2016. 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.

73,563 are held by Eam Investors Ltd Liability Company. Hsbc Hldgs Public Ltd holds 0% or 6,921 shares in its portfolio. Moreover, Bankshares Of America Corp De has 0.01% invested in Inphi Corporation (NYSE:IPHI) for 726,127 shares. Columbus Circle Invsts owns 0.18% invested in Inphi Corporation (NYSE:IPHI) for 308,976 shares. Rhumbline Advisers has 0.01% invested in Inphi Corporation (NYSE:IPHI) for 50,828 shares. Magee Thomson Investment Ltd Llc invested 0% in Inphi Corporation (NYSE:IPHI). First Bancorporation Of Hutchinson holds 0.28% of its portfolio in Inphi Corporation (NYSE:IPHI) for 10,487 shares. 11,000 are owned by Bluecrest Cap. Hillsdale Inc has 0.17% invested in Inphi Corporation (NYSE:IPHI). Thompson Davis Inc owns 0.5% invested in Inphi Corporation (NYSE:IPHI) for 6,725 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mngmt Corp holds 12,120 shares or 0% of its portfolio. Jacobs Levy Equity invested in 0.05% or 59,360 shares. 98,795 were reported by Parametric Portfolio Associate Llc. Maplelane Limited Liability Company stated it has 0.37% in Inphi Corporation (NYSE:IPHI). Dimensional Fund Limited Partnership has 0% invested in Inphi Corporation (NYSE:IPHI) for 35,987 shares.

Since April 6, 2017, it had 0 insider purchases, and 2 insider sales for $16,107 activity. $10,677 worth of stock was sold by Torten Ron on Thursday, April 6. $5,430 worth of stock was sold by Ogawa Richard on Thursday, April 6.

Inphi Corp (NYSE:IPHI) Rating Reaffirmed

Jefferies now has a $50.0 target on shares of Inphi Corp (NYSE:IPHI). The target gives a potential upside of 24.41 % from the current price of Inphi Corp (NYSE:IPHI). This rating was revealed to investors in an analyst report on 11 September.

Investors sentiment decreased to 0.86 in Q4 2016. 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.

73,563 are held by Eam Investors Ltd Liability Company. Hsbc Hldgs Public Ltd holds 0% or 6,921 shares in its portfolio. Moreover, Bankshares Of America Corp De has 0.01% invested in Inphi Corporation (NYSE:IPHI) for 726,127 shares. Columbus Circle Invsts owns 0.18% invested in Inphi Corporation (NYSE:IPHI) for 308,976 shares. Rhumbline Advisers has 0.01% invested in Inphi Corporation (NYSE:IPHI) for 50,828 shares. Magee Thomson Investment Ltd Llc invested 0% in Inphi Corporation (NYSE:IPHI). First Bancorporation Of Hutchinson holds 0.28% of its portfolio in Inphi Corporation (NYSE:IPHI) for 10,487 shares. 11,000 are owned by Bluecrest Cap. Hillsdale Inc has 0.17% invested in Inphi Corporation (NYSE:IPHI). Thompson Davis Inc owns 0.5% invested in Inphi Corporation (NYSE:IPHI) for 6,725 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mngmt Corp holds 12,120 shares or 0% of its portfolio. Jacobs Levy Equity invested in 0.05% or 59,360 shares. 98,795 were reported by Parametric Portfolio Associate Llc. Maplelane Limited Liability Company stated it has 0.37% in Inphi Corporation (NYSE:IPHI). Dimensional Fund Limited Partnership has 0% invested in Inphi Corporation (NYSE:IPHI) for 35,987 shares.

Since April 6, 2017, it had 0 insider purchases, and 2 insider sales for $16,107 activity. $10,677 worth of stock was sold by Torten Ron on Thursday, April 6. $5,430 worth of stock was sold by Ogawa Richard on Thursday, April 6.

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 has $60 highest and $26 lowest target. $43.71’s average target is 8.76% above currents $40.19 stock price. Inphi had 51 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Roth Capital with “Buy” on Thursday, December 10. The stock of Inphi Corporation (NYSE:IPHI) earned “Buy” rating by Craig Hallum on Tuesday, August 8. The rating was maintained by Needham on Wednesday, October 28 with “Strong Buy”. The firm earned “Buy” rating on Thursday, December 10 by TH Capital. The rating was maintained by Morgan Stanley on Tuesday, August 8 with “Overweight”. The stock of Inphi Corporation (NYSE:IPHI) has “Buy” rating given on Friday, December 4 by Sterne Agee CRT. The stock of Inphi Corporation (NYSE:IPHI) earned “Buy” rating by Deutsche Bank on Tuesday, August 8. The stock of Inphi Corporation (NYSE:IPHI) has “Outperform” rating given on Wednesday, February 8 by Cowen & Co. Deutsche Bank upgraded it to “Buy” rating and $40 target in Wednesday, March 23 report. Rosenblatt maintained the shares of IPHI in report on Thursday, March 23 with “Buy” rating.

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.

Analysts await Inphi Corporation (NYSE:IPHI) to report earnings on November, 7. They expect $0.08 earnings per share, down 73.33 % or $0.22 from last year’s $0.3 per share. IPHI’s profit will be $3.38M for 125.59 P/E if the $0.08 EPS becomes a reality. After $0.09 actual earnings per share reported by Inphi Corporation for the previous quarter, Wall Street now forecasts -11.11 % negative EPS growth.

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.

More notable recent Inphi Corporation (NYSE:IPHI) news were published by: Globenewswire.com which released: “Inphi to Showcase Latest M200 DSP, Polarisâ„¢ and COLORZ® Portfolio Solutions …” on September 13, 2017, also Seekingalpha.com with their article: “Inphi: Accelerating In The High-Speed Lane” published on July 27, 2017, Globenewswire.com published: “Inphi Announces M200 Ultra-Low Power 100/200G Coherent Digital Signal …” on September 12, 2017. More interesting news about Inphi Corporation (NYSE:IPHI) were released by: Fool.com and their article: “Why Inphi Corp. Stock Plummeted Today” published on May 03, 2017 as well as Seekingalpha.com‘s news article titled: “Why Inphi Is A Strong Buy Opportunity” with publication date: March 20, 2017.

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