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

Media stories about Inphi (NYSE:IPHI) have been trending somewhat positive recently, according to Accern Sentiment. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Inphi earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned media coverage about the semiconductor company an impact score of 46.4168589417863 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

IPHI has been the subject of a number of research analyst reports. Northland Securities cut Inphi from a “market perform” rating to an “under perform” rating in a research note on Monday, March 19th. They noted that the move was a valuation call. ValuEngine upgraded Inphi from a “sell” rating to a “hold” rating in a research note on Tuesday, February 27th. Zacks Investment Research upgraded Inphi from a “sell” rating to a “hold” rating in a research note on Wednesday, April 11th. Needham & Company LLC cut Inphi from a “strong-buy” rating to a “buy” rating and set a $35.00 price objective for the company. in a research note on Wednesday, April 25th. Finally, Barclays initiated coverage on Inphi in a research note on Wednesday, May 30th. They issued an “overweight” rating and a $40.00 price objective for the company. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and ten have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $39.60.

Shares of IPHI opened at $35.51 on Thursday. The company has a current ratio of 8.76, a quick ratio of 8.14 and a debt-to-equity ratio of 1.06. Inphi has a 12 month low of $23.65 and a 12 month high of $44.32. The company has a market capitalization of $1.54 billion, a price-to-earnings ratio of 61.22 and a beta of 0.99.

Inphi (NYSE:IPHI) last issued its quarterly earnings data on Tuesday, April 24th. The semiconductor company reported ($0.05) EPS for the quarter, meeting the consensus estimate 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 last year, the company earned $0.44 earnings per share. Inphi’s quarterly revenue was down 35.8% compared to the same quarter last year. research analysts anticipate that Inphi will post -0.61 earnings per share for the current year.

In other news, VP Ron Torten sold 4,309 shares of Inphi stock in a transaction that occurred on Wednesday, May 30th. The stock was sold at an average price of $35.00, for a total value of $150,815.00. Following the sale, the vice president now directly owns 76,955 shares of the company’s stock, valued at $2,693,425. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Richard Ogawa sold 2,889 shares of Inphi stock in a transaction that occurred on Tuesday, April 17th. The stock was sold at an average price of $31.25, for a total value of $90,281.25. Following the completion of the sale, the general counsel now directly owns 53,400 shares in the company, valued at $1,668,750. The disclosure for this sale can be found here. Over the last three months, insiders sold 12,740 shares of company stock worth $415,829. 3.40% of the stock is owned by corporate insiders.

Inphi Company Profile

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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