Amphenol Co. (APH) VP Sells $920,700.00 in Stock
Amphenol Co. (NYSE:APH) VP Lance E. D’amico sold 10,000 shares of the company’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $92.07, for a total transaction of $920,700.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Shares of Amphenol Co. (NYSE:APH) opened at $91.25 on Monday. The firm has a market capitalization of $27,862.18, a price-to-earnings ratio of 44.51, a P/E/G ratio of 2.68 and a beta of 0.82. Amphenol Co. has a 1-year low of $66.97 and a 1-year high of $93.62. The company has a quick ratio of 2.25, a current ratio of 2.95 and a debt-to-equity ratio of 0.88.
Amphenol (NYSE:APH) last issued its quarterly earnings results on Wednesday, January 24th. The electronics maker reported $0.86 EPS for the quarter, beating the Zacks’ consensus estimate of $0.81 by $0.05. The business had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.80 billion. Amphenol had a net margin of 9.28% and a return on equity of 26.09%. The business’s quarterly revenue was up 17.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.75 earnings per share. equities analysts anticipate that Amphenol Co. will post 3.45 EPS for the current fiscal year.
APH has been the subject of a number of recent research reports. Cowen restated an “outperform” rating and issued a $95.00 price objective (up from $85.00) on shares of Amphenol in a report on Tuesday, October 10th. Zacks Investment Research downgraded Amphenol from a “buy” rating to a “hold” rating in a report on Tuesday, December 26th. Morgan Stanley restated an “equal weight” rating and issued a $85.00 price objective on shares of Amphenol in a report on Wednesday, December 13th. SunTrust Banks increased their price objective on Amphenol from $77.00 to $82.00 and gave the company a “neutral” rating in a report on Thursday, October 26th. Finally, Wells Fargo & Co initiated coverage on Amphenol in a report on Friday, November 10th. They issued an “outperform” rating and a $98.00 price objective for the company. Six investment 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. Amphenol currently has a consensus rating of “Buy” and a consensus target price of $92.00.
A number of institutional investors and hedge funds have recently modified their holdings of APH. GSA Capital Partners LLP bought a new stake in Amphenol during the second quarter valued at $265,000. Virtu KCG Holdings LLC boosted its position in Amphenol by 31.6% during the second quarter. Virtu KCG Holdings LLC now owns 9,510 shares of the electronics maker’s stock valued at $702,000 after acquiring an additional 2,285 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Amphenol by 0.6% during the second quarter. Dimensional Fund Advisors LP now owns 862,217 shares of the electronics maker’s stock valued at $63,650,000 after acquiring an additional 5,301 shares during the last quarter. People s United Financial Inc. boosted its position in Amphenol by 6.8% during the second quarter. People s United Financial Inc. now owns 1,495 shares of the electronics maker’s stock valued at $110,000 after acquiring an additional 95 shares during the last quarter. Finally, Capital Research Global Investors boosted its position in Amphenol by 31.7% during the second quarter. Capital Research Global Investors now owns 3,170,204 shares of the electronics maker’s stock valued at $234,024,000 after acquiring an additional 762,494 shares during the last quarter. 96.67% of the stock is currently owned by institutional investors and hedge funds.
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.
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