Inphi Co. (NYSE:IPHI) CFO John Edmunds sold 108,554 shares of the firm’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $25.25, for a total transaction of $2,740,988.50. Following the completion of the sale, the chief financial officer now owns 163,597 shares of the company’s stock, valued at approximately $4,130,824.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of Inphi Co. (NYSE:IPHI) opened at $24.44 on Friday. Inphi Co. has a 12-month low of $23.65 and a 12-month high of $51.78. The company has a debt-to-equity ratio of 1.02, a quick ratio of 6.72 and a current ratio of 7.20. The stock has a market cap of $1,040.00, a P/E ratio of -11.98 and a beta of 0.97.
Several hedge funds have recently bought and sold shares of IPHI. Public Employees Retirement Association of Colorado purchased a new position in shares of Inphi during the 4th quarter worth approximately $106,000. Ameritas Investment Partners Inc. increased its stake in shares of Inphi by 6.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,689 shares of the semiconductor company’s stock worth $127,000 after purchasing an additional 219 shares in the last quarter. Zions Bancorporation purchased a new position in shares of Inphi during the 3rd quarter worth approximately $153,000. Icon Advisers Inc. Co. purchased a new position in shares of Inphi during the 3rd quarter worth approximately $202,000. Finally, Barings LLC purchased a new position in shares of Inphi during the 4th quarter worth approximately $202,000.
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Inphi Corporation is a provider of analog and mixed signal semiconductor solutions for the communications and datacenter markets. The Company’s solutions provide an interface between analog signals and digital information in systems, such as telecommunications transport systems, enterprise networking equipment and datacenters.
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