Shares of Amphenol Corporation (APH) Rally 3.02%

Amphenol Corporation (APH) has been under a strong bear grip, hence the stock is down -2.15% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.5% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.02% in the last 1 week, and is up 2.13% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 3.02% and the 50-Day Moving Average is 3.07%.

Amphenol Corporation (NYSE:APH): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $58.67 and $58.49 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $59.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $59.09, notching a gain of 1.18% for the day. The total traded volume was 1,282,677 . The stock had closed at $58.40 on the previous day.


The company Insiders own 2.92% of Amphenol Corporation shares according to the proxy statements. Institutional Investors own 98.51% of Amphenol Corporation shares. In a related news, Walter Luc, officer (SR VP & GGM EUR MIL & AERO OPS) of Amphenol Corp /De/, unloaded 65,000 shares at an average price of $59.98 on June 9, 2016. The total amount of the transaction was worth $3,898,700, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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