Amphenol Corporation (NYSE:APH) VP David M. Silverman sold 16,000 shares of the business’s stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $80.04, for a total transaction of $1,280,640.00. Following the transaction, the vice president now directly owns 16,000 shares in the company, valued at $1,280,640. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Amphenol Corporation (APH) traded up 0.51% during mid-day trading on Tuesday, reaching $80.16. 785,796 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $76.91 and a 200-day moving average price of $73.26. Amphenol Corporation has a 52 week low of $60.97 and a 52 week high of $80.33. The stock has a market cap of $24.48 billion, a P/E ratio of 26.99 and a beta of 0.77.

Amphenol Corporation (NYSE:APH) last released its earnings results on Wednesday, July 26th. The electronics maker reported $0.81 EPS for the quarter, topping the consensus estimate of $0.72 by $0.09. Amphenol Corporation had a return on equity of 24.98% and a net margin of 14.37%. The business had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.62 billion. During the same quarter last year, the firm posted $0.65 earnings per share. The firm’s revenue was up 7.6% on a year-over-year basis. On average, analysts forecast that Amphenol Corporation will post $3.09 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 11th. Investors of record on Monday, September 18th will be paid a dividend of $0.19 per share. The ex-dividend date is Friday, September 15th. This represents a $0.76 annualized dividend and a yield of 0.95%. This is a boost from Amphenol Corporation’s previous quarterly dividend of $0.16. Amphenol Corporation’s dividend payout ratio (DPR) is currently 21.55%.

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A number of large investors have recently added to or reduced their stakes in the company. Macquarie Group Ltd. boosted its stake in Amphenol Corporation by 66.3% in the fourth quarter. Macquarie Group Ltd. now owns 16,300 shares of the electronics maker’s stock valued at $1,095,000 after buying an additional 6,500 shares in the last quarter. State of Alaska Department of Revenue acquired a new stake in Amphenol Corporation during the first quarter valued at approximately $399,000. Candriam Luxembourg S.C.A. boosted its stake in Amphenol Corporation by 6.7% in the first quarter. Candriam Luxembourg S.C.A. now owns 20,092 shares of the electronics maker’s stock valued at $1,430,000 after buying an additional 1,267 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in Amphenol Corporation by 112.3% in the first quarter. Janney Montgomery Scott LLC now owns 6,686 shares of the electronics maker’s stock valued at $476,000 after buying an additional 3,536 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in Amphenol Corporation by 6.1% in the first quarter. Russell Investments Group Ltd. now owns 172,261 shares of the electronics maker’s stock valued at $12,265,000 after buying an additional 9,832 shares in the last quarter. 96.86% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have recently commented on the stock. Royal Bank Of Canada reissued a “top pick” rating and set a $85.00 target price (up from $81.00) on shares of Amphenol Corporation in a research report on Tuesday. Zacks Investment Research raised shares of Amphenol Corporation from a “hold” rating to a “buy” rating and set a $89.00 price target on the stock in a report on Thursday, August 24th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $72.00 price target on shares of Amphenol Corporation in a report on Monday, August 14th. BidaskClub upgraded shares of Amphenol Corporation from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 12th. Finally, Goldman Sachs Group, Inc. (The) lowered shares of Amphenol Corporation from a “buy” rating to a “neutral” rating and boosted their target price for the company from $75.00 to $78.00 in a research note on Wednesday, July 5th. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $79.63.

About Amphenol Corporation

Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The Company operates through two segments, which include Interconnect Products and Assemblies, and Cable Products and Solutions.

Insider Buying and Selling by Quarter for Amphenol Corporation (NYSE:APH)

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