Shares of Amphenol Corporation (APH) Sees Large Outflow of Money

Amphenol Corporation (APH): The stock had negative money flow to the tune of ($11.34 million) on Tuesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $10.84 million, whereas, the outflow of money on downticks was $22.18 million and the ratio between the two was 0.49. The block trade had a negative net money flow of ($10.08 million). On the other hand, downticks amounted to $10.08 million of the traded value, which shows distribution in the stock by traders. Amphenol Corporation (APH) closed with marginal gains of 19 cents to end the day at $62.27, an increase of 0.31% over the previous days close. The stock recorded 1.24% for the week.


Shares of Amphenol Corporation rose by 1.28% in the last five trading days and 4.74% for the last 4 weeks. Amphenol Corporation is up 6.13% in the last 3-month period. Year-to-Date the stock performance stands at 19.8%.

Amphenol Corporation (NYSE:APH): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $62.09 and $61.99 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $62.39. The buying momentum continued till the end and the stock did not give up its gains. It closed at $62.27, notching a gain of 0.31% for the day. The total traded volume was 1,244,221 . The stock had closed at $62.08 on the previous day.

In a related news,The officer (SR VP & GGM EUR MIL & AERO OPS) of Amphenol Corp /De/, Walter Luc sold 35,000 shares at $60.38 on August 11, 2016. The Insider selling transaction had a total value worth of $2,113,300. The Insider information was disclosed 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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