Alpinvest Partners B.v. adds Inphi Corporation (IPHI) to its portfolio

Inphi Corporation (IPHI) : Alpinvest Partners B.v. added new position in Inphi Corporation during the most recent quarter end. The investment management firm now holds 46,421 shares of Inphi Corporation which is valued at $1.3 Million , the company said in a statement filed on May 13, 2016 with the SEC.Inphi Corporation makes up approximately 2.58% of Alpinvest Partners B.v.’s portfolio.

Other Hedge Funds, Including , Next Century Growth Investors reduced its stake in IPHI by selling 15,429 shares or 4.92% in the most recent quarter. The Hedge Fund company now holds 298,398 shares of IPHI which is valued at $8.6 Million. Inphi Corporation makes up approx 0.42% of Next Century Growth Investors’s portfolio. Airain Ltd sold out all of its stake in IPHI during the most recent quarter. The investment firm sold 24,965 shares of IPHI which is valued $722,737.Suffolk Capital Management reduced its stake in IPHI by selling 14,188 shares or 16.46% in the most recent quarter. The Hedge Fund company now holds 71,988 shares of IPHI which is valued at $2.1 Million. Inphi Corporation makes up approx 0.28% of Suffolk Capital Management’s portfolio. Oxford Asset Management added IPHI to its portfolio by purchasing 92,587 company shares during the most recent quarter which is valued at $2.7 Million. Inphi Corporation makes up approx 0.10% of Oxford Asset Management’s portfolio.

Inphi Corporation opened for trading at $29.99 and hit $30.14 on the upside on Wednesday, eventually ending the session at $29.86, with a gain of 0.17% or 0.05 points. The heightened volatility saw the trading volume jump to 5,67,638 shares. Company has a market cap of $1,206 M.

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.

Many Wall Street Analysts have commented on Inphi Corporation. Company shares were Reiterated by Stifel on Mar 23, 2016 to “Buy”, Firm has raised the Price Target to $ 40 from a previous price target of $38 .Company shares were Upgraded by Deutsche Bank on Mar 23, 2016 to ” Buy”, Firm has raised the Price Target to $ 40 from a previous price target of $30 .

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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