Insider Selling: Amphenol (NYSE:APH) EVP Sells 120,000 Shares of Stock

Amphenol Corporation (NYSE:APHGet Free Report) EVP David Silverman sold 120,000 shares of the stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $174.24, for a total value of $20,908,800.00. Following the completion of the sale, the executive vice president directly owned 15,672 shares of the company’s stock, valued at approximately $2,730,689.28. The trade was a 88.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Amphenol Trading Up 0.7%

APH stock traded up $1.16 during trading on Wednesday, hitting $172.49. The company had a trading volume of 6,138,882 shares, compared to its average volume of 9,620,792. The company has a current ratio of 1.89, a quick ratio of 1.41 and a debt-to-equity ratio of 1.10. Amphenol Corporation has a one year low of $104.71 and a one year high of $178.52. The business has a 50-day moving average of $156.89 and a 200-day moving average of $145.42. The stock has a market cap of $212.68 billion, a PE ratio of 43.23, a PEG ratio of 1.30 and a beta of 1.24.

Amphenol (NYSE:APHGet Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The electronics maker reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.16. Amphenol had a net margin of 17.73% and a return on equity of 39.87%. The firm had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.26 billion. During the same quarter in the previous year, the company earned $0.81 EPS. The company’s revenue for the quarter was up 55.0% on a year-over-year basis. Amphenol has set its Q3 2026 guidance at 1.400-1.420 EPS. Research analysts predict that Amphenol Corporation will post 5.25 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Amphenol

Institutional investors and hedge funds have recently made changes to their positions in the stock. Vaquero Private Wealth Ltd. bought a new stake in Amphenol in the 2nd quarter valued at about $32,000. Vermillion & White Wealth Management Group LLC boosted its holdings in Amphenol by 163.8% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 113 shares in the last quarter. Tucker Asset Management LLC bought a new stake in shares of Amphenol during the fourth quarter valued at approximately $26,000. Clal Insurance Enterprises Holdings Ltd raised its position in shares of Amphenol by 85.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 198 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 91 shares during the period. Finally, Tompkins Financial Corp grew its position in Amphenol by 81.9% in the 2nd quarter. Tompkins Financial Corp now owns 211 shares of the electronics maker’s stock valued at $37,000 after purchasing an additional 95 shares during the period. Institutional investors own 97.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Zacks Research upgraded Amphenol from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. UBS Group restated a “buy” rating and set a $197.00 target price (up from $185.00) on shares of Amphenol in a research report on Thursday, July 30th. JPMorgan Chase & Co. raised their target price on Amphenol from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a report on Friday, July 17th. Finally, Seaport Research Partners restated a “buy” rating and set a $215.00 price target on shares of Amphenol in a report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Amphenol presently has an average rating of “Buy” and a consensus target price of $191.67.

Check Out Our Latest Stock Report on APH

Amphenol Company Profile

(Get Free Report)

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.

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