Large Inflow of Money Witnessed in Amphenol Corporation

Amphenol Corporation (NYSE:APH) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.13. The total value of inflow transactions on upticks was $3.5 million, whereas, the total value of outflow trades on downticks was $3.1 million. The total money flow was $0.4 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $0.67 million. The total value of the trades done on upticks was $0.67 million. Amphenol Corporation (NYSE:APH) was trading with a -0.09% change over previous days close. It fell $0.05 during the day and reached $55.79. The stock was -2.55% compared to the previous weeks close.


In an insider trading activity, The officer (SR VP & GGM EUR MIL & AERO OPS), of Amphenol Corp /De/, Walter Luc had unloaded 65,000 shares at $59.98 per share in a transaction on June 9, 2016. The total value of transaction was $3,898,700. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 2.92% of Amphenol Corporation shares according to the proxy statements. Institutional Investors own 98.53% of Amphenol Corporation shares.

The company shares have dropped -2.80% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $60.17 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $57.68 and the 200 Day Moving Average price is recorded at $54.57. Amphenol Corporation (NYSE:APH): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $56.27 and $55.44 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $56.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $56.38, notching a gain of 0.97% for the day. The total traded volume was 2,078,180 . The stock had closed at $55.84 on the previous day.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.