Inphi Corp was Downgraded to a Hold Rating at Rosenblatt Securities

By Carrie Williams

Inphi Corp (NYSE: IPHI) received a Hold rating from Rosenblatt Securities analyst Hans Mosesmann today. The company’s shares opened today at $37.84.

According to TipRanks.com, Mosesmann is a 4-star analyst with an average return of 9.5% and a 55.3% success rate. Mosesmann covers the Consumer Goods sector, focusing on stocks such as Advanced Micro Devices, Texas Instruments, and Western Digital.

Inphi Corp has an analyst consensus of Moderate Buy, with a price target consensus of $43.25.

Based on Inphi Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $84.51 million and GAAP net loss of $48.77 million. In comparison, last year the company earned revenue of $70.75 million and had a net profit of $1.04 million.

Based on the recent corporate insider activity of 78 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Inphi Corp. engages in the provision of analog and mixed signal semiconductor solutions for the communications and computing markets. It offers analog and mixed signal semiconductor solutions; and semiconductor solutions. Analog and mixed signal semiconductor solutions offers high signal integrity at data speeds while reducing system power consumption.