Amphenol Corporation (APH) CFO Craig A. Lampo Sells 15,000 Shares
Amphenol Corporation (NYSE:APH) CFO Craig A. Lampo sold 15,000 shares of the firm’s stock in a transaction dated Friday, August 25th. The stock was sold at an average price of $80.01, for a total value of $1,200,150.00. Following the sale, the chief financial officer now owns 40,000 shares of the company’s stock, valued at $3,200,400. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Shares of Amphenol Corporation (NYSE APH) traded down 0.05% during midday trading on Monday, hitting $79.75. The stock had a trading volume of 734,568 shares. The firm’s 50-day moving average is $76.91 and its 200 day moving average is $73.26. The company has a market capitalization of $24.36 billion, a PE ratio of 26.85 and a beta of 0.77. Amphenol Corporation has a one year low of $60.97 and a one year high of $80.14.
Amphenol Corporation (NYSE:APH) last announced its earnings results on Wednesday, July 26th. The electronics maker reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.09. Amphenol Corporation had a return on equity of 24.98% and a net margin of 14.37%. The firm had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.62 billion. During the same quarter in the previous year, the business earned $0.65 EPS. The company’s revenue was up 7.6% compared to the same quarter last year. Equities analysts expect that Amphenol Corporation will post $3.09 earnings per share for the current fiscal year.
The firm also recently announced 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. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date of this dividend is Friday, September 15th. This is an increase from Amphenol Corporation’s previous quarterly dividend of $0.16. Amphenol Corporation’s payout ratio is presently 21.55%.
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Institutional investors have recently made changes to their positions in the company. 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 last quarter. 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 last quarter. 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 last quarter. 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 last quarter. Finally, Greenleaf Trust increased its position in shares of Amphenol Corporation by 0.4% in the second quarter. Greenleaf Trust now owns 23,397 shares of the electronics maker’s stock worth $1,727,000 after buying an additional 95 shares during the last quarter. Hedge funds and other institutional investors own 96.86% of the company’s stock.
A number of equities research analysts have commented on the company. Zacks Investment Research lowered Amphenol Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, August 23rd. BidaskClub upgraded Amphenol Corporation from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 12th. Royal Bank Of Canada raised their price objective on Amphenol Corporation from $77.00 to $80.00 and gave the stock a “top pick” rating in a research report on Tuesday, June 27th. Finally, Stifel Nicolaus restated a “hold” rating and set a $72.00 price objective on shares of Amphenol Corporation in a research report on Monday, August 14th. Three equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Amphenol Corporation presently has an average rating of “Buy” and a consensus price target of $79.00.
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.
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