Inphi Corporation s trend and data analysis indicates that the stock price has dropped -2.29% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 4.73% . Looking at the past 52 week period, the stock price is up at 56.06% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Inphi Corporation has a positive value of 54.43 compared to overall market.Inphi Corporation is having a Relative Strength Index of 48.22 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Inphi Corporation (NYSE:IPHI) rallied by 4.26% during the past week but lost 9.96% on a 4-week basis. The company has outperformed the S&P 500 by 4.01% in the past week but underperformed the index by 10.98% in the last 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. Inphi Corporation (NYSE:IPHI) : On Friday heightened volatility was witnessed in Inphi Corporation (NYSE:IPHI) which led to swings in the share price. The stock opened for trading at $45.17 and hit $46.2998 on the upside , eventually ending the session at $45.57, with a gain of 1.65% or 0.74 points. The heightened volatility saw the trading volume jump to 1,342,630 shares. The 52-week high of the share price is $51.78 and the company has a market cap of $1,897 million. The 52-week low of the share price is at $25.89 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Needham on Feb 8, 2017 to Strong Buy, Raises Price Target to $ 55 from a previous price target of $50 .Company shares were Upgraded by Cowen on Feb 8, 2017 to Outperform, Raises Price Target to $ 56 from a previous price target of $44 .Company shares were Reiterated by Cowen on Dec 22, 2016 to Market Perform, Raises Price Target to $ 44 from a previous price target of $41 .
Company has reported several Insider transactions to the SEC, on Mar 14, 2017, Charles Roach (V.P. of Worldwide Sales) sold 10,000 shares at 44.35 per share price.On Mar 3, 2017, Richard Ogawa (General Counsel) sold 50,000 shares at 46.96 per share price.On Feb 27, 2017, Ron Torten (Sr. VP of Operations & IT) sold 1,255 shares at 50.90 per share price.
Inphi Corporation Last issued its quarterly earnings results on Feb 7, 2017. The company reported $0.47 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.44. The company had revenue of $80.90 million for the quarter, compared to analysts expectations of $76.23 million. The companys revenue was up 53.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 EPS.
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 Companys 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