Inphi Co. (NYSE:IPHI) was the target of unusually large options trading activity on Thursday. Investors purchased 1,162 put options on the company. This represents an increase of 976% compared to the typical daily volume of 108 put options.

Several equities research analysts recently weighed in on the company. Stifel Nicolaus decreased their price target on Inphi from $40.00 to $38.00 and set a “buy” rating for the company in a report on Thursday. B. Riley reaffirmed a “buy” rating and set a $48.00 price target on shares of Inphi in a report on Friday, January 19th. Northland Securities reaffirmed a “hold” rating and set a $21.00 price target on shares of Inphi in a report on Thursday. Rosenblatt Securities downgraded Inphi from a “buy” rating to a “neutral” rating and set a $46.00 price target for the company. in a report on Thursday, December 7th. Finally, BidaskClub downgraded Inphi from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. Inphi has an average rating of “Hold” and a consensus target price of $39.93.

Shares of Inphi (NYSE:IPHI) opened at $24.51 on Friday. Inphi has a fifty-two week low of $23.65 and a fifty-two week high of $51.78. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.20 and a quick ratio of 6.72. The company has a market capitalization of $1,020.00, a price-to-earnings ratio of -13.77, a price-to-earnings-growth ratio of 2.82 and a beta of 0.97.

In related news, Director Diosdado P. Banatao sold 17,000 shares of the stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $40.34, for a total transaction of $685,780.00. Following the completion of the sale, the director now directly owns 6,542 shares of the company’s stock, valued at $263,904.28. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Charles Roach sold 28,000 shares of the stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $39.94, for a total value of $1,118,320.00. Following the sale, the vice president now directly owns 93,947 shares of the company’s stock, valued at $3,752,243.18. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 95,298 shares of company stock worth $3,836,117. Insiders own 3.60% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in IPHI. Epoch Investment Partners Inc. acquired a new stake in Inphi in the third quarter valued at $21,852,000. Quentec Asset Management LLC lifted its holdings in Inphi by 145.8% in the third quarter. Quentec Asset Management LLC now owns 448,216 shares of the semiconductor company’s stock valued at $17,790,000 after acquiring an additional 265,837 shares during the period. TCW Group Inc. lifted its holdings in Inphi by 51.3% in the fourth quarter. TCW Group Inc. now owns 673,410 shares of the semiconductor company’s stock valued at $24,647,000 after acquiring an additional 228,371 shares during the period. Westfield Capital Management Co. LP lifted its holdings in Inphi by 60.7% in the third quarter. Westfield Capital Management Co. LP now owns 557,240 shares of the semiconductor company’s stock valued at $22,117,000 after acquiring an additional 210,380 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in Inphi by 705.0% in the second quarter. Dimensional Fund Advisors LP now owns 222,115 shares of the semiconductor company’s stock valued at $7,619,000 after acquiring an additional 194,523 shares during the period.

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Inphi Company Profile

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.

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