Amphenol Corporation (NYSE:APH) SVP Luc Walter sold 110,400 shares of the business’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $77.70, for a total value of $8,578,080.00. Following the transaction, the senior vice president now owns 130,400 shares of the company’s stock, valued at approximately $10,132,080. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Shares of Amphenol Corporation (NYSE APH) traded up 0.40% during midday trading on Monday, hitting $77.97. The company’s stock had a trading volume of 461,721 shares. The firm has a 50-day moving average of $74.94 and a 200 day moving average of $71.93. The firm has a market cap of $23.84 billion, a price-to-earnings ratio of 26.25 and a beta of 0.77. Amphenol Corporation has a 12-month low of $59.37 and a 12-month high of $78.39.

Amphenol Corporation (NYSE:APH) last issued its quarterly earnings data on Wednesday, July 26th. The electronics maker reported $0.81 earnings per share for the quarter, beating the Zacks’ 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 period in the previous year, the firm posted $0.65 earnings per share. The company’s revenue was up 7.6% on a year-over-year basis. On average, equities research analysts predict that Amphenol Corporation will post $3.09 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 11th. Stockholders of record on Monday, September 18th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Friday, September 15th. This is a boost from Amphenol Corporation’s previous quarterly dividend of $0.16. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.98%. Amphenol Corporation’s payout ratio is presently 21.55%.

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A number of research firms recently issued reports on APH. Zacks Investment Research cut Amphenol Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, June 6th. BidaskClub cut Amphenol Corporation from a “strong-buy” rating to a “buy” rating in a report on Wednesday, June 21st. Royal Bank Of Canada boosted their price objective on Amphenol Corporation from $77.00 to $80.00 and gave the company a “top pick” rating in a report on Tuesday, June 27th. Stifel Nicolaus restated a “hold” rating and set a $72.00 price objective on shares of Amphenol Corporation in a report on Friday, July 14th. Finally, Goldman Sachs Group, Inc. (The) cut Amphenol Corporation from a “buy” rating to a “neutral” rating and boosted their price objective for the company from $75.00 to $78.00 in a report on Wednesday, July 5th. Three research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $78.38.

Large investors have recently modified their holdings of the stock. Quadrant Capital Group LLC increased its position in shares of Amphenol Corporation by 0.3% in the first quarter. Quadrant Capital Group LLC now owns 3,150 shares of the electronics maker’s stock worth $221,000 after buying an additional 8 shares during the period. Benjamin F. Edwards & Company Inc. increased its position in shares of Amphenol Corporation by 0.6% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 2,702 shares of the electronics maker’s stock worth $192,000 after buying an additional 16 shares during the period. First Bank & Trust increased its position in shares of Amphenol Corporation by 0.5% in the second quarter. First Bank & Trust now owns 8,644 shares of the electronics maker’s stock worth $638,000 after buying an additional 43 shares during the period. Contravisory Investment Management Inc. increased its position in shares of Amphenol Corporation by 1.6% in the second quarter. Contravisory Investment Management Inc. now owns 3,930 shares of the electronics maker’s stock worth $290,000 after buying an additional 60 shares during the period. Finally, Cleararc Capital Inc. increased its position in shares of Amphenol Corporation by 0.9% in the first quarter. Cleararc Capital Inc. now owns 7,543 shares of the electronics maker’s stock worth $537,000 after buying an additional 65 shares during the period. 96.75% of the stock is owned by institutional investors and hedge funds.

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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