Amphenol Corp /de/ (APH) Files Form 4 Insider Selling : Luc Walter Sells 65,000 Shares

Amphenol Corp /de/ (APH): Luc Walter , SR VP & GGM EUR MIL & AERO OPS of Amphenol Corp /de/ sold 65,000 shares on Jun 9, 2016. The Insider selling transaction was reported by the company on Jun 10, 2016 to the Securities and Exchange Commission. The shares were sold at $59.98 per share for a total value of $3,898,765.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 10, 2016, Richard Schneider (SVP, Amphenol FCI) sold 24,700 shares at $60.03 per share price.On Jun 8, 2016, John Treanor (SR VP & GGM AUTOMOTIVE GROUP) sold 247,520 shares at $59.30 per share price.Also, On Jun 3, 2016, Michael R. Ivas (VP and Controller) sold 27,000 shares at $59.00 per share price.On Jun 3, 2016, Craig A Lampo (SR VP & CFO) sold 25,000 shares at $59.02 per share price.

Shares of Amphenol Corporation (APH) ended Thursday, Jun 9, 2016 session in red amid volatile trading. The shares closed down -0.13 points or -0.22% at $59.98 with 7,17,264 shares getting traded. Post opening the session at $59.75, the shares hit an intraday low of $59.73 and an intraday high of $60.08 and the price vacillated in this range throughout the day. The company has a market cap of $18,469 M and the number of outstanding shares has been calculated to be 30,79,27,050 shares. The 52-week high of Amphenol Corporation is $60.17 and the 52-week low is $44.5.

Amphenol Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Amphenol Corporation is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 63 from a previous price target of $52 .The Rating was issued on Apr 21, 2016.Amphenol Corporation is Reiterated by RBC Capital Mkts to Top Pick and the brokerage firm has raised the Price Target to $ 60 from a previous price target of $57 .The Rating was issued on Mar 28, 2016.Amphenol Corporation is Downgraded by Goldman to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 14, 2016.

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: Interconnect Products and Assemblies and Cable Products and Solutions. The Interconnect Products and Assemblies segment primarily designs manufacturers and markets a range of connector and connector systems value-add products and other products including antennas and sensors used in a range of applications in a diverse set of end markets. The Cable Products and Solutions segment primarily designs manufacturers and markets cable value-added products and components for use primarily in the broadband communications and information technology markets as well as certain applications in other markets.

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