Insider Change: Diosdado Banatao an Insider in Inphi Corporation (NYSE:IPHI) Sold 9,000 Shares of the Company

November 29, 2016 - By Adrian Mccoy

Insider Change: Diosdado Banatao an Insider in Inphi Corporation (NYSE:IPHI) Sold 9,000 Shares of the Company

Diosdado Banatao Insider Sell

Company insider, Diosdado Banatao, director of Inphi Corp sold a total of 9,000 shares of the company, based on an average weighted cost of $46.8 for each one share. Diosdado is trying to silently decrease his company’s share, same as he did in the last month. He unloaded another 54,000 shares worth $2,386,446 USD. The probability that the stocks unloading stays undiscovered is nil considering the large amount of money involved. At the moment, Diosdado Banatao owns 85,578 shares which are equivalent to around 0.21% of the Company’s total market capitalization. The date was November 28, 2016 when Diosdado reported the sale, and it was made public in a report with the SEC, freely available for review on this website.

Inphi Corporation (NYSE:IPHI) Ratings Coverage

Out of 13 analysts covering Inphi (NYSE:IPHI), 11 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 85% are positive. $50 is the highest target while $26 is the lowest. The $39.91 average target is -14.50% below today’s ($46.68) stock price. Inphi has been the topic of 33 analyst reports since July 29, 2015 according to StockzIntelligence Inc. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, October 13 report. As per Wednesday, November 2, the company rating was maintained by Cowen & Co. Stifel Nicolaus maintained it with “Buy” rating and $36 target price in Friday, November 13 report. Needham maintained Inphi Corporation (NYSE:IPHI) on Wednesday, October 28 with “Strong Buy” rating. The rating was maintained by Needham with “Strong Buy” on Monday, February 8. On Wednesday, October 28 the stock rating was maintained by Northland Capital with “Outperform”. Northland Capital downgraded Inphi Corporation (NYSE:IPHI) on Wednesday, September 7 to “Market Perform” rating. On Thursday, March 24 the stock rating was maintained by Roth Capital with “Buy”. The stock of Inphi Corporation (NYSE:IPHI) has “Buy” rating given on Wednesday, October 28 by Roth Capital. The rating was maintained by Stifel Nicolaus on Wednesday, October 28 with “Buy”.

Insitutional Activity: The institutional sentiment increased to 1.43 in Q2 2016. Its up 0.36, from 1.07 in 2016Q1. The ratio is positive, as 33 funds sold all Inphi Corporation shares owned while 56 reduced positions. 30 funds bought stakes while 65 increased positions. They now own 35.47 million shares or 3.60% more from 34.23 million shares in 2016Q1.

Utd Automobile Association holds 64,196 shares or 0.01% of its portfolio. Cheyne Capital Management (Uk) Llp holds 0.26% or 10,000 shares in its portfolio. Allianz Asset Mngmt Ag last reported 440,626 shares in the company. Pier Limited Liability Co owns 190,212 shares or 1.11% of their US portfolio. G2 Prtn Mgmt Llc holds 0.44% or 29,897 shares in its portfolio. The New York-based Millennium Mngmt Ltd Liability Company has invested 0% in Inphi Corporation (NYSE:IPHI). Hussman Strategic Advsrs holds 0.98% of its portfolio in Inphi Corporation (NYSE:IPHI) for 200,000 shares. Rothschild Inv Corporation Il holds 0.19% or 46,350 shares in its portfolio. Moreover, Cipher Limited Partnership has 0.17% invested in Inphi Corporation (NYSE:IPHI) for 76,915 shares. Spark Mgmt Limited Liability Company has 63,600 shares for 0.19% of their US portfolio. Loomis Sayles And Lp has 0.06% invested in the company for 655,889 shares. The New York-based Jefferies Group Inc Lc has invested 0% in Inphi Corporation (NYSE:IPHI). Morgan Stanley last reported 0.01% of its portfolio in the stock. Blair William And Il accumulated 43,800 shares or 0.01% of the stock. Cap Fund Mngmt owns 43,000 shares or 0.01% of their US portfolio.

Insider Transactions: Since August 10, 2016, the stock had 0 insider buys, and 9 sales for $5.49 million net activity. The insider MCWILLIAMS BRUCE M sold $89,219. The insider BANATAO DIOSDADO P sold $865,294. The insider Roach Charles sold $168,838. The insider SRINIVASAN SAM sold 10,000 shares worth $413,973. Tamer Ford had sold 40,000 shares worth $1.64M. $46,939 worth of shares were sold by Torten Ron on Wednesday, August 17.

The stock decreased 1.10% or $0.52 during the last trading session, hitting $46.68. About 617,998 shares traded hands. Inphi Corporation (NYSE:IPHI) has risen 47.96% since April 25, 2016 and is uptrending. It has outperformed by 41.95% the S&P500.

Inphi Corporation is a provider of analog and mixed signal semiconductor solutions for the communications, datacenter and computing markets. The company has a market cap of $1.92 billion. The Company’s solutions provide an interface between analog signals and digital information in systems, such as telecommunications transport systems, enterprise networking equipment, datacenters and enterprise servers, test and measurement equipment and military systems. It has a 474.68 P/E ratio. It operates in the segment of design, development and sale of high-speed analog connectivity components that operate to maintain and amplify signal integrity at high speeds in a range of applications.

According to Zacks Investment Research, “Inphi Corporation operates as a provider of fabless high-speed analog semiconductor solutions for the communications and computing markets. Its solutions provides interface between analog signals and digital information in high-performance systems such as telecommunications transport systems, enterprise networking equipment, datacenter and enterprise servers, storage platforms, test and measurement equipment and military systems. The Company’s products are designed into systems sold by OEMs, including Agilent Technologies, Inc., Alcatel-Lucent, Cisco Systems, Inc., Danaher Corporation, Dell Inc., EMC Corporation, Hewlett-Packard Company, Huawei, International Business Machines Corporation and Oracle Corporation. Inphi Corporation is headquartered in Santa Clara, California”

Analysts await Inphi Corporation (NYSE:IPHI) to report earnings on February, 2. They expect $0.28 EPS, up 115.38% or $0.15 from last year’s $0.13 per share. IPHI’s profit will be $11.52M for 41.68 P/E if the $0.28 EPS becomes a reality. After $0.30 actual EPS reported by Inphi Corporation for the previous quarter, Wall Street now forecasts -6.67% negative EPS growth.

More recent Inphi Corporation (NYSE:IPHI) news were published by: Fool.com which released: “Inphi Corporation Stock Soars — Here’s Why” on August 09, 2016. Also Streetinsider.com published the news titled: “Inphi Corp. (IPHI) to Acquire ClariPhy Communications in $275M Deal” on November 01, 2016. Marketwatch.com‘s news article titled: “Inphi Corporation Prices Offering of $250.0 Million of Convertible Senior Notes” with publication date: September 07, 2016 was also an interesting one.

IPHI Company Profile

Inphi Corporation, incorporated on November 13, 2000, is a well-known provider of analog and mixed signal semiconductor solutions for the communications, datacenter and computing markets. The Company’s solutions provide an interface between analog signals and digital information in systems, such as telecommunications transport systems, enterprise networking equipment, datacenters and enterprise servers, storage platforms, test and measurement equipment and military systems. The Firm operates in the segment of design, development and sale of high-speed analog connectivity components that operate to maintain, amplify and manage signal integrity at high speeds in a range of applications. The Company’s semiconductor solutions are designed to address bandwidth bottlenecks in networks and enable the rollout of communications, datacenter and computing infrastructures. It provides 10 gigabit (G) 10G/40G, 100G and beyond 100G high-speed analog semiconductor solutions for the communications market and high-speed memory interface solutions for the computing market.

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