Marshall Wace North America L.P. Has $1.22 Million Holdings in Inphi Co. (NYSE:IPHI)

Marshall Wace North America L.P. cut its stake in shares of Inphi Co. (NYSE:IPHI) by 29.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,467 shares of the semiconductor company’s stock after selling 6,809 shares during the quarter. Marshall Wace North America L.P.’s holdings in Inphi were worth $1,219,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the business. Carroll Financial Associates Inc. bought a new stake in Inphi during the fourth quarter worth about $39,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in Inphi in the fourth quarter valued at approximately $66,000. IFP Advisors Inc boosted its position in shares of Inphi by 2,803.2% in the 4th quarter. IFP Advisors Inc now owns 900 shares of the semiconductor company’s stock worth $67,000 after purchasing an additional 869 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of Inphi during the 1st quarter worth about $70,000. Finally, GQ Asset Management LLC acquired a new position in Inphi during the third quarter valued at approximately $99,000.

In related news, VP Charles Roach sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $83.39, for a total value of $833,900.00. Following the sale, the vice president now owns 103,511 shares in the company, valued at approximately $8,631,782.29. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO John Edmunds sold 42,856 shares of Inphi stock in a transaction on Monday, February 10th. The shares were sold at an average price of $81.24, for a total value of $3,481,621.44. Following the transaction, the chief financial officer now owns 245,753 shares of the company’s stock, valued at approximately $19,964,973.72. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 73,571 shares of company stock valued at $6,038,052. 3.30% of the stock is owned by corporate insiders.

IPHI stock opened at $75.09 on Thursday. The company has a market capitalization of $3.28 billion, a PE ratio of -46.35, a price-to-earnings-growth ratio of 2.84 and a beta of 1.64. The company’s 50 day moving average price is $76.38 and its two-hundred day moving average price is $71.83. Inphi Co. has a one year low of $39.34 and a one year high of $93.58. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.72 and a current ratio of 1.90.

Inphi (NYSE:IPHI) last posted its quarterly earnings results on Tuesday, February 4th. The semiconductor company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.44. The business had revenue of $102.90 million for the quarter, compared to analyst estimates of $100.04 million. Inphi had a positive return on equity of 0.39% and a negative net margin of 19.94%. Inphi’s revenue for the quarter was up 19.0% compared to the same quarter last year. During the same period last year, the company earned $0.45 EPS. On average, research analysts predict that Inphi Co. will post 0.67 EPS for the current year.

A number of equities analysts recently weighed in on the stock. Barclays reaffirmed a “buy” rating and issued a $90.00 target price on shares of Inphi in a research note on Sunday, January 19th. Zacks Investment Research downgraded shares of Inphi from a “buy” rating to a “hold” rating in a research note on Thursday, January 16th. Needham & Company LLC reaffirmed a “buy” rating and set a $100.00 price objective on shares of Inphi in a research report on Wednesday, February 5th. Rosenblatt Securities raised Inphi from a “neutral” rating to a “buy” rating and set a $100.00 target price on the stock in a research report on Wednesday, February 5th. Finally, B. Riley raised their price target on shares of Inphi from $53.00 to $72.00 and gave the stock a “neutral” rating in a research report on Thursday, January 16th. One analyst has rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $82.50.

About Inphi

Inphi Corporation provides high-speed analog and mixed signal semiconductor solutions for the communications, datacenter, and computing markets worldwide. Its analog and mixed signal semiconductor solutions offer high signal integrity at various data speeds and reduce system power consumption. The company's semiconductor solutions address bandwidth bottlenecks in networks, maximize throughput and minimize latency in computing environments, and enable the rollout of communications and datacenter infrastructures.

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Institutional Ownership by Quarter for Inphi (NYSE:IPHI)

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