Amphenol Corporation (NYSE:APH) VP Jean-Luc Gavelle sold 88,000 shares of the stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $86.37, for a total value of $7,600,560.00. Following the sale, the vice president now owns 48,000 shares of the company’s stock, valued at $4,145,760. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of Amphenol Corporation (NYSE APH) traded down 0.83% on Monday, hitting $85.88. The stock had a trading volume of 158,787 shares. The company has a market cap of $26.23 billion, a P/E ratio of 28.92 and a beta of 0.78. The company has a 50-day moving average of $84.65 and a 200-day moving average of $77.57. Amphenol Corporation has a 52-week low of $64.73 and a 52-week high of $88.19.

Amphenol Corporation (NYSE:APH) last issued its quarterly earnings data on Wednesday, October 25th. The electronics maker reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.09. The company had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.74 billion. Amphenol Corporation had a net margin of 14.73% and a return on equity of 25.63%. Amphenol Corporation’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.73 earnings per share. On average, equities analysts anticipate that Amphenol Corporation will post $3.20 EPS for the current fiscal year.

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APH has been the subject of a number of recent analyst reports. Cowen and Company reaffirmed an “outperform” rating and set a $95.00 price target (up previously from $85.00) on shares of Amphenol Corporation in a research report on Tuesday, October 10th. Goldman Sachs Group, Inc. (The) lowered Amphenol Corporation from a “buy” rating to a “neutral” rating and upped their price target for the company from $75.00 to $78.00 in a research report on Wednesday, July 5th. Zacks Investment Research lowered Amphenol Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, August 30th. Royal Bank Of Canada reaffirmed a “top pick” rating and set a $85.00 price target (up previously from $81.00) on shares of Amphenol Corporation in a research report on Tuesday, August 29th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a $95.00 price target (up previously from $80.00) on shares of Amphenol Corporation in a research report on Thursday, October 5th. Five research analysts have rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $86.78.

Several hedge funds have recently modified their holdings of the company. Macguire Cheswick & Tuttle Investment Counsel LLC increased its position in shares of Amphenol Corporation by 1.8% during the third quarter. Macguire Cheswick & Tuttle Investment Counsel LLC now owns 193,482 shares of the electronics maker’s stock worth $16,376,000 after purchasing an additional 3,505 shares in the last quarter. Parametrica Management Ltd acquired a new position in shares of Amphenol Corporation during the third quarter worth $277,000. Copeland Capital Management LLC acquired a new position in shares of Amphenol Corporation during the third quarter worth $2,033,000. Crossmark Global Holdings Inc. acquired a new position in shares of Amphenol Corporation during the third quarter worth $3,008,000. Finally, Raymond James Financial Services Advisors Inc. increased its position in shares of Amphenol Corporation by 2.1% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 76,035 shares of the electronics maker’s stock worth $6,436,000 after purchasing an additional 1,574 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors and hedge funds.

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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