Here is a rundown on some insider market activity for Amphenol Corporation (NYSE:APH). Craig A. Lampo, SR VP & CFO let go of $18,948,600 worth of shares at an average price of $79.70 on Tue the 22nd. That brings Lampo’s holdings to $1,992,500 per an SEC filing yesterday. President & CEO Richard Adam Norwitt sold 220,000 shares at a price of $86.13 on October 31st. The President & CEO now owns $8,095,531 of the stock as recorded in a recent Form 4 SEC filing.
Richard Adam Norwitt, President & CEO disclosed the sale of 220,000 shares of (APH). The shares sold for $86.13. Norwitt now owns $8,095,531 of the stock according to the SEC filing. Jean-luc Gavelle, VP sold $7,600,560 worth of shares at an average price of $86.37 on Fri the 27th. Gavelle now owns $0 of stock as reported to the SEC.
President & CEO Richard Adam Norwitt let go of 220,000 shares at a price of $86.13 on Tue the 31st. That brings the President & CEO’s holdings to $8,095,531 as recorded in a recent Form 4 SEC filing.
Amphenol Corporation (Amphenol), launched on December 19, 1986, 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..
Here are a few substantial investment firms who have updated their positions. Tokio Marine Asset Management Co Ltd trimmed its ownership by selling 896 shares a decrease of 23.4%. Tokio Marine Asset Management Co Ltd now controls 2,926 shares valued at $248,000. The total value of its holdings decreased 12.1%. As of quarter end Edgestream Partners, L.p. had disposed of 1,210 shares trimming its holdings by 19.7%. The value of the company’s investment in Amphenol Corporation decreased from $453,000 to $416,000 a change of 8.2% quarter over quarter.
Hemenway Trust Co LLC bolstered its stake by buying 20 shares an increase of 0.2% as of 09/30/2017. Hemenway Trust Co LLC controls 9,372 shares worth $793,000. The value of the position overall is up by 14.9%. Andra Ap-fonden expanded its holdings by buying 300 shares an increase of 0.8% from 06/30/2017 to 09/30/2017. Andra Ap-fonden owns 39,300 shares with a value of $3,326,000. The total value of its holdings increased 15.5%.
October 26 investment analysts at Morgan Stanley maintained a stock rating of “Buy” and moved down the price target to $96.00 from $106.00. On October 26 Deutsche Bank kept the company rating at “Buy” but raised the price expectation from $52.00 to $96.00.
On October 26 SunTrust Robinson Humphrey made no change to the stock rating of “Neutral” but moved up the price target from $53.00 to $82.00.
In the market the company is trading up by 1.45% since yesterday’s close of $87.00. The company recently announced a dividend paid on Wednesday the 11th of October 2017. The dividend payment was $0.190 per share for the quarter or $0.76 on an annualized basis. The dividend yield was $0.88. The ex-dividend date was Friday the 15th of September 2017.
Shares of the company are trading at $87.00 barely above the 50 day moving average which is $84.94 and which is significantly higher than the 200 day moving average of $77.88. The 50 day moving average was up $2.06 or +2.43% and the 200 day average moved up $9.12.
The company currently has a P/E ratio of 29.29 and market capitalization is 26.57B. In the latest earnings report the EPS was $2.97 and is projected to be $3.21 for the current year with 305,444,000 shares currently outstanding. Analysts expect next quarter’s EPS will be $0.78 with next year’s EPS anticipated to be $3.45.
Short traders are feeling a little more bullish on the company as indicated by the motion in short interest. The firm saw a fall in short interest of -15.59% as of the latest report on October 13, 2017. Short interest fell 845,762 over that timeframe. With short interest at 4,579,578 and short average daily volume at 985,785, the short-interest ratio is 5.0 and the percentage of shorted shares is 0.01% as of October 13.