Somewhat Positive News Coverage Somewhat Unlikely to Impact Inphi (IPHI) Share Price

News articles about Inphi (NYSE:IPHI) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Inphi earned a daily sentiment score of 0.08 on Accern’s scale. Accern also gave news headlines about the semiconductor company an impact score of 46.2062409559931 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the headlines that may have impacted Accern Sentiment’s analysis:

IPHI has been the topic of a number of recent analyst reports. B. Riley lowered Inphi to a “buy” rating in a research note on Thursday, December 7th. Jefferies Group set a $50.00 price objective on Inphi and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Cowen reaffirmed a “buy” rating and set a $45.00 price target on shares of Inphi in a research note on Sunday, October 1st. Needham & Company LLC reaffirmed a “buy” rating and set a $50.00 price target on shares of Inphi in a research note on Tuesday, November 14th. Finally, BidaskClub upgraded Inphi from a “sell” rating to a “hold” rating in a report on Thursday, October 26th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $45.00.

Inphi (IPHI) opened at $37.86 on Wednesday. Inphi has a 52-week low of $33.00 and a 52-week high of $51.78. The company has a market capitalization of $1,643.07, a P/E ratio of -27.84, a P/E/G ratio of 1.95 and a beta of 1.03. The company has a current ratio of 7.20, a quick ratio of 6.72 and a debt-to-equity ratio of 1.02.

Inphi (NYSE:IPHI) last released its quarterly earnings data on Tuesday, October 31st. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.27. The company had revenue of $84.50 million during the quarter, compared to analysts’ expectations of $84.30 million. Inphi had a positive return on equity of 7.79% and a negative net margin of 16.27%. The business’s revenue was up 19.4% on a year-over-year basis. During the same period last year, the firm posted $0.46 earnings per share. equities analysts predict that Inphi will post 0.51 EPS for the current fiscal year.

In related news, VP Charles Roach sold 28,000 shares of the firm’s stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $39.94, for a total transaction of $1,118,320.00. Following the sale, the vice president now owns 93,947 shares of the company’s stock, valued at approximately $3,752,243.18. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Diosdado P. Banatao sold 17,000 shares of the firm’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $40.34, for a total value of $685,780.00. Following the sale, the director now directly owns 6,542 shares in the company, valued at approximately $263,904.28. The disclosure for this sale can be found here. In the last quarter, insiders have sold 100,298 shares of company stock worth $4,038,867. 3.60% of the stock is owned by corporate insiders.

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About Inphi

Inphi Corporation is a provider of analog and mixed signal semiconductor solutions for the communications and datacenter markets. 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.

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

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