Amphenol Corp /de/ (APH): Patrick Gillard , Vice President and Treasurer of Amphenol Corp /de/ sold 30,000 shares on Jul 22, 2016. The Insider selling transaction was reported by the company on Jul 25, 2016 to the Securities and Exchange Commission. The shares were sold at $59.06 per share for a total value of $1,771,719.00 , 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, Luc Walter (SR VP & GGM EUR MIL & AERO OPS) sold 65,000 shares at $59.98 per share price.On Jun 10, 2016, Richard Schneider (SVP, Amphenol FCI) sold 24,700 shares at $60.03 per share price.Also, On Jun 8, 2016, John Treanor (SR VP & GGM AUTOMOTIVE GROUP) sold 247,520 shares at $59.30 per share price.On Jun 3, 2016, Michael R. Ivas (VP and Controller) sold 27,000 shares at $59.00 per share price.
Amphenol Corporation: On Wednesday, Jul 20, 2016 heightened volatility was witnessed in Amphenol Corporation which led to swings in the share price. The shares opened for trading at $58.6 and hit $60.5 on the upside , eventually ending the session at $59.18, with a gain of 1.06% or 0.62 points. The heightened volatility saw the trading volume jump to 26,92,148 shares. The 52-week high of the share price is $60.5 and the company has a market cap of $18,223 M . The 52-week low of the share price is at $44.5.
Company has been under the radar of several Street Analysts.Amphenol Corporation is Reiterated by RBC Capital Mkts to Top Pick and the brokerage firm has raised the Price Target to $ 63 from a previous price target of $61 .The Rating was issued on Jul 21, 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.