The Sr. VP Operations & IT of Inphi (IPHI) is Selling Shares
Yesterday, the Sr. VP Operations & IT of Inphi (IPHI), Ron Torten, sold shares of IPHI for $226.9K.
Following Ron Torten’s last IPHI Sell transaction on August 18, 2016, the stock climbed by 30.4%. In addition to Ron Torten, one other IPHI executive reported Sell trades in the last month.
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Based on Inphi’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $94.23 million and GAAP net loss of $16.18 million. In comparison, last year the company earned revenue of $78.01 million and had a GAAP net loss of $22.67 million. The company has a one-year high of $77.67 and a one-year low of $29.56. Currently, Inphi has an average volume of 878.18K.
The insider sentiment on Inphi has been negative according to 93 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Inphi Corp. engages in the provision of analog and mixed signal semiconductor solutions for the communications and computing markets. The Analog and mixed signal semiconductor solutions offers high signal integrity at data speeds while reducing system power consumption.