Amphenol Corporation (NYSE:APH) CEO Richard Adam Norwitt sold 200,000 shares of the stock in a transaction dated Thursday, August 3rd. The stock was sold at an average price of $77.95, for a total transaction of $15,590,000.00. Following the sale, the chief executive officer now directly owns 293,992 shares in the company, valued at $22,916,676.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Richard Adam Norwitt also recently made the following trade(s):

  • On Monday, May 15th, Richard Adam Norwitt sold 200,000 shares of Amphenol Corporation stock. The stock was sold at an average price of $73.10, for a total transaction of $14,620,000.00.

Shares of Amphenol Corporation (APH) traded up 0.22% on Monday, reaching $77.83. 125,782 shares of the company were exchanged. Amphenol Corporation has a 52-week low of $59.37 and a 52-week high of $78.39. The stock has a 50 day moving average of $74.94 and a 200-day moving average of $71.93. The company has a market capitalization of $23.80 billion, a P/E ratio of 26.21 and a beta of 0.77.

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

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

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Several equities research analysts have recently issued reports on APH shares. Royal Bank Of Canada increased their target price on shares of Amphenol Corporation from $75.00 to $77.00 and gave the stock a “top pick” rating in a research note on Thursday, April 27th. Stifel Nicolaus increased their target price on shares of Amphenol Corporation from $64.00 to $72.00 and gave the stock a “hold” rating in a research note on Thursday, April 27th. Zacks Investment Research raised shares of Amphenol Corporation from a “hold” rating to a “buy” rating and set a $80.00 target price on the stock in a research note on Friday, April 28th. Deutsche Bank AG increased their target price on shares of Amphenol Corporation from $70.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, April 28th. Finally, Morgan Stanley increased their target price on shares of Amphenol Corporation from $64.00 to $68.00 and gave the stock an “equal weight” rating in a research note on Friday, April 28th. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. Amphenol Corporation currently has an average rating of “Buy” and an average price target of $78.38.

Hedge funds have recently added to or reduced their stakes in the company. Private Trust Co. NA bought a new stake in Amphenol Corporation during the first quarter worth approximately $538,000. Capstone Asset Management Co. increased its stake in Amphenol Corporation by 8.2% in the first quarter. Capstone Asset Management Co. now owns 34,849 shares of the electronics maker’s stock worth $2,480,000 after buying an additional 2,651 shares in the last quarter. Bank of Montreal Can increased its stake in Amphenol Corporation by 1.6% in the first quarter. Bank of Montreal Can now owns 313,817 shares of the electronics maker’s stock worth $22,334,000 after buying an additional 4,831 shares in the last quarter. WCM Investment Management CA increased its stake in Amphenol Corporation by 0.3% in the first quarter. WCM Investment Management CA now owns 684,045 shares of the electronics maker’s stock worth $48,683,000 after buying an additional 2,211 shares in the last quarter. Finally, National Pension Service increased its stake in Amphenol Corporation by 2.9% in the first quarter. National Pension Service now owns 282,709 shares of the electronics maker’s stock worth $20,324,000 after buying an additional 8,004 shares in the last quarter. 96.75% of the stock is currently owned by hedge funds and other institutional investors.

Amphenol Corporation Company Profile

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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