ValuEngine lowered shares of Inphi (NYSE:IPHI) from a hold rating to a sell rating in a research note released on Thursday morning.

A number of other brokerages also recently issued reports on IPHI. Morgan Stanley restated an equal weight rating and issued a $45.00 price target on shares of Inphi in a research report on Friday, January 19th. Jefferies Group set a $50.00 price target on shares of Inphi and gave the stock a buy rating in a research report on Wednesday, October 18th. DA Davidson restated a hold rating and issued a $34.00 price target on shares of Inphi in a research report on Thursday, January 25th. B. Riley downgraded shares of Inphi to a buy rating in a research report on Thursday, December 7th. Finally, BidaskClub downgraded shares of Inphi from a hold rating to a sell rating in a research report on Wednesday, October 18th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Inphi has an average rating of Hold and a consensus price target of $39.93.

Inphi (IPHI) opened at $24.51 on Thursday. The stock has a market cap of $1,042.51, a P/E ratio of 49.02, a PEG ratio of 2.76 and a beta of 0.97. Inphi has a 1 year low of $23.65 and a 1 year 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.

In other news, VP Charles Roach sold 28,000 shares of Inphi stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $39.94, for a total value of $1,118,320.00. Following the completion of the sale, the vice president now owns 93,947 shares in the company, valued at approximately $3,752,243.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Diosdado P. Banatao sold 8,000 shares of Inphi stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $40.77, for a total transaction of $326,160.00. Following the completion of the sale, the director now owns 6,542 shares of the company’s stock, valued at approximately $266,717.34. The disclosure for this sale can be found here. Insiders sold a total of 95,298 shares of company stock valued at $3,836,117 in the last quarter. 3.60% of the stock is currently owned by company insiders.

Hedge funds have recently made changes to their positions in the business. Public Employees Retirement Association of Colorado bought a new stake in Inphi during the 4th quarter valued at $106,000. Ameritas Investment Partners Inc. increased its stake in Inphi by 6.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,689 shares of the semiconductor company’s stock valued at $127,000 after purchasing an additional 219 shares in the last quarter. Zions Bancorporation bought a new stake in Inphi during the 3rd quarter valued at $153,000. Icon Advisers Inc. Co. bought a new stake in Inphi during the 3rd quarter valued at $202,000. Finally, Amalgamated Bank bought a new stake in Inphi during the 3rd quarter valued at $212,000.

TRADEMARK VIOLATION NOTICE: “ValuEngine Lowers Inphi (IPHI) to Sell” was reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this piece on another domain, it was illegally stolen and reposted in violation of United States and international copyright legislation. The original version of this piece can be accessed at https://theolympiareport.com/2018/02/11/valuengine-lowers-inphi-iphi-to-sell.html.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Inphi (NYSE:IPHI)

Receive News & Ratings for Inphi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inphi and related companies with MarketBeat.com's FREE daily email newsletter.