Emerald Advisers Inc. PA Has $12.57 Million Holdings in Inphi Corporation (IPHI)

Emerald Advisers Inc. PA raised its stake in shares of Inphi Corporation (NYSE:IPHI) by 20.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 316,742 shares of the semiconductor company’s stock after acquiring an additional 54,600 shares during the quarter. Emerald Advisers Inc. PA owned approximately 0.75% of Inphi Corporation worth $12,571,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of IPHI. Quantbot Technologies LP bought a new position in shares of Inphi Corporation in the second quarter valued at about $118,000. Ameritas Investment Partners Inc. raised its holdings in shares of Inphi Corporation by 6.3% in the second quarter. Ameritas Investment Partners Inc. now owns 3,689 shares of the semiconductor company’s stock valued at $127,000 after buying an additional 219 shares during the last quarter. BNP Paribas Arbitrage SA raised its holdings in shares of Inphi Corporation by 422.7% in the second quarter. BNP Paribas Arbitrage SA now owns 4,872 shares of the semiconductor company’s stock valued at $167,000 after buying an additional 3,940 shares during the last quarter. FNY Partners Fund LP raised its holdings in shares of Inphi Corporation by 76.2% in the second quarter. FNY Partners Fund LP now owns 5,550 shares of the semiconductor company’s stock valued at $190,000 after buying an additional 2,400 shares during the last quarter. Finally, US Bancorp DE raised its holdings in shares of Inphi Corporation by 77.6% in the second quarter. US Bancorp DE now owns 6,213 shares of the semiconductor company’s stock valued at $213,000 after buying an additional 2,715 shares during the last quarter.

Several equities analysts have recently issued reports on the company. Deutsche Bank AG decreased their target price on Inphi Corporation from $46.00 to $45.00 and set a “buy” rating for the company in a research report on Tuesday, August 8th. Craig Hallum restated a “buy” rating and set a $44.00 target price (down from $49.00) on shares of Inphi Corporation in a research report on Tuesday, August 8th. Roth Capital decreased their target price on Inphi Corporation from $51.70 to $44.00 and set a “buy” rating for the company in a research report on Tuesday, August 8th. B. Riley restated a “buy” rating and set a $45.00 target price on shares of Inphi Corporation in a research report on Monday, August 7th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $53.00 price objective on shares of Inphi Corporation in a research report on Thursday, July 6th. Four analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $44.50.

Inphi Corporation (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 analysts’ consensus estimates of $0.09 by $0.27. Inphi Corporation had a positive return on equity of 7.59% and a negative net margin of 16.27%. The company had revenue of $84.50 million for the quarter, compared to analyst estimates of $84.30 million. During the same period in the previous year, the company posted $0.46 EPS. The firm’s revenue for the quarter was up 19.4% compared to the same quarter last year.

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Inphi Corporation 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.

Institutional Ownership by Quarter for Inphi Corporation (NYSE:IPHI)

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