Moody Aldrich Partners buys $1,403,853 stake in Inphi Corporation (IPHI)

Inphi Corporation (IPHI) : Moody Aldrich Partners scooped up 22,300 additional shares in Inphi Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 39,170 shares of Inphi Corporation which is valued at $1,403,853.Inphi Corporation makes up approximately 1.12% of Moody Aldrich Partners’s portfolio.

Other Hedge Funds, Including , Rs Investment Management Co boosted its stake in IPHI in the latest quarter, The investment management firm added 9,090 additional shares and now holds a total of 77,170 shares of Inphi Corporation which is valued at $2,765,773. Inphi Corporation makes up approx 0.03% of Rs Investment Management Co’s portfolio. Ibm Retirement Fund sold out all of its stake in IPHI during the most recent quarter. The investment firm sold 22,823 shares of IPHI which is valued $796,523.Lasalle Street Capital Management reduced its stake in IPHI by selling 33 shares or 0.3% in the most recent quarter. The Hedge Fund company now holds 11,026 shares of IPHI which is valued at $381,610. Inphi Corporation makes up approx 0.35% of Lasalle Street Capital Management’s portfolio.Lasalle Street Capital Management reduced its stake in IPHI by selling 33 shares or 0.3% in the most recent quarter. The Hedge Fund company now holds 11,026 shares of IPHI which is valued at $381,610. Inphi Corporation makes up approx 0.35% of Lasalle Street Capital Management’s portfolio.Lasalle Street Capital Management reduced its stake in IPHI by selling 33 shares or 0.3% in the most recent quarter. The Hedge Fund company now holds 11,026 shares of IPHI which is valued at $381,610. Inphi Corporation makes up approx 0.35% of Lasalle Street Capital Management’s portfolio.

Inphi Corporation closed down -0.07 points or -0.20% at $35.18 with 4,41,611 shares getting traded on Friday. Post opening the session at $35.24, the shares hit an intraday low of $34.57 and an intraday high of $35.41 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Inphi Corporation reported $0.27 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.26. The company had revenue of $66.50 million for the quarter, compared to analysts expectations of $66.32 million. The company’s revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS.

Inphi Corporation is a fabless 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 Company’s semiconductor solutions are designed to address bandwidth bottlenecks in networks and enable the rollout of communications datacenter and computing infrastructures. It is engaged in developing broadband analog semiconductors operating at frequencies of up to 100 gigahertz. It has developed specific internal models and design kits for each process to support a uniform design methodology across its semiconductor solutions.

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