Insider Selling: John Treanor Sells 32,300 Shares of Amphenol Stock (APH)
Amphenol (NYSE:APH) VP John Treanor sold 32,300 shares of the company’s stock on the open market in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $96.40, for a total transaction of $3,113,720.00. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Amphenol from an “outperform” rating to a “neutral” rating in a research note on Friday, April 25th. They now have a $101.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Amphenol in a research note on Thursday, April 24th. They now have a $110.00 price target on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Amphenol from $85.00 to $90.00 in a research note on Thursday, April 24th. They now have a “hold” rating on the stock. Seven research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $93.10.
Amphenol (NYSE:APH) traded up 0.84% during mid-day trading on Monday, hitting $96.54. The stock had a trading volume of 538,990 shares. Amphenol has a one year low of $74.06 and a one year high of $96.60. The stock has a 50-day moving average of $92.89 and a 200-day moving average of $87.73. The company has a market cap of $15.208 billion and a P/E ratio of 24.18.
Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.04. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the previous year, the company posted $0.87 earnings per share. The company’s revenue for the quarter was up 15.4% on a year-over-year basis. On average, analysts predict that Amphenol will post $4.31 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, July 2nd. Stockholders of record on Wednesday, June 11th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.83%. The ex-dividend date is Monday, June 9th.
Amphenol Corporation (NYSE:APH) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems and coaxial and high-speed specialty cable.
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