Amphenol Corporation (NYSE:APH) Director Diana G. Reardon sold 28,000 shares of the business’s stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $87.28, for a total value of $2,443,840.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Amphenol Corporation (NYSE APH) traded up $0.47 during mid-day trading on Friday, hitting $87.34. The stock had a trading volume of 619,570 shares, compared to its average volume of 1,225,127. The company has a market cap of $26.74 billion, a P/E ratio of 27.81 and a beta of 0.80.

Amphenol Corporation (NYSE:APH) last posted its quarterly earnings results on Wednesday, October 25th. The electronics maker reported $0.88 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 25.63% and a net margin of 14.73%. The firm’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.73 EPS. analysts anticipate that Amphenol Corporation will post 3.21 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 10th. Stockholders of record on Monday, December 18th will be paid a dividend of $0.19 per share. The ex-dividend date of this dividend is Friday, December 15th. This represents a $0.76 annualized dividend and a dividend yield of 0.87%. Amphenol Corporation’s payout ratio is 24.20%.

TRADEMARK VIOLATION WARNING: This story was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this story on another website, it was illegally copied and reposted in violation of US and international copyright and trademark laws. The original version of this story can be read at https://www.americanbankingnews.com/2017/11/03/amphenol-corporation-aph-director-sells-2443840-00-in-stock.html.

APH has been the topic of several recent analyst reports. Deutsche Bank AG boosted their price target on Amphenol Corporation from $95.00 to $96.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. Royal Bank Of Canada reissued a “top pick” rating and issued a $85.00 price target (up from $81.00) on shares of Amphenol Corporation in a research note on Tuesday, August 29th. Zacks Investment Research raised Amphenol Corporation from a “hold” rating to a “buy” rating and set a $93.00 price target on the stock in a research note on Friday, September 22nd. Cowen and Company reaffirmed an “outperform” rating and set a $95.00 target price (up from $85.00) on shares of Amphenol Corporation in a research report on Tuesday, October 10th. Finally, Bank of America Corporation upgraded Amphenol Corporation from a “neutral” rating to a “buy” rating in a report on Friday, September 29th. Five research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the company. Amphenol Corporation currently has a consensus rating of “Buy” and an average price target of $86.78.

Several hedge funds have recently bought and sold shares of the company. BNP Paribas Arbitrage SA grew its stake in shares of Amphenol Corporation by 22.5% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 288,991 shares of the electronics maker’s stock worth $24,460,000 after acquiring an additional 53,059 shares during the period. Connable Office Inc. grew its stake in shares of Amphenol Corporation by 1.8% during the 3rd quarter. Connable Office Inc. now owns 33,706 shares of the electronics maker’s stock worth $2,853,000 after acquiring an additional 601 shares during the period. Essex Financial Services Inc. bought a new position in shares of Amphenol Corporation during the 3rd quarter worth $229,000. Candriam Luxembourg S.C.A. grew its stake in shares of Amphenol Corporation by 6.5% during the 3rd quarter. Candriam Luxembourg S.C.A. now owns 25,668 shares of the electronics maker’s stock worth $2,173,000 after acquiring an additional 1,563 shares during the period. Finally, Brown Advisory Securities LLC grew its stake in shares of Amphenol Corporation by 17.8% during the 3rd quarter. Brown Advisory Securities LLC now owns 7,293 shares of the electronics maker’s stock worth $616,000 after acquiring an additional 1,100 shares during the period. Institutional investors own 96.90% of the company’s stock.

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)

Receive News & Ratings for Amphenol Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol Corporation and related companies with MarketBeat.com's FREE daily email newsletter.