Amphenol (NYSE:APH) CEO Sells $8,788,260.80 in Stock

Key Points

• CEO sale: Amphenol CEO Richard Adam Norwitt sold 61,072 shares on May 1 at $143.90 for $8.79M — part of multiple recent insider sales (including 515,281 shares on Feb. 12) that trimmed his stake by about 3.07%, though he still holds 1,927,507 shares valued around $277.4M.
• Strong quarterly results: Amphenol beat Q1 estimates with $1.06 EPS vs. $0.95 and revenue of $7.62B (up 58.4% YoY), and set Q2 guidance at $1.140–1.160 EPS.
• Market reaction and analyst view: Shares fell about 3.1% to $136.70 on higher-than-normal volume, yet analysts remain largely positive (13 Buys, 2 Holds) with an average target of $176.53 and several firms raising price targets recently.

Amphenol Corporation (NYSE:APH - Get Free Report) CEO Richard Adam Norwitt sold 61,072 shares of the business's stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $143.90, for a total value of $8,788,260.80. Following the sale, the chief executive officer owned 1,927,507 shares of the company's stock, valued at $277,368,257.30. The trade was a 3.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Richard Adam Norwitt also recently made the following trade(s):

• On Tuesday, May 5th, Richard Adam Norwitt sold 17,500 shares of Amphenol stock. The stock was sold at an average price of $143.21, for a total transaction of $2,506,175.00.
• On Monday, May 4th, Richard Adam Norwitt sold 52,203 shares of Amphenol stock. The stock was sold at an average price of $142.04, for a total transaction of $7,414,914.12.
• On Thursday, February 12th, Richard Adam Norwitt sold 515,281 shares of Amphenol stock. The stock was sold at an average price of $147.27, for a total transaction of $75,885,432.87.

Amphenol Stock Down 3.1%

Shares of NYSE APH traded down $4.34 during trading on Tuesday, reaching $136.70. 11,693,836 shares of the stock were exchanged, compared to its average volume of 9,655,723. The business's 50-day moving average price is $138.09 and its 200 day moving average price is $139.12. Amphenol Corporation has a twelve month low of $79.10 and a twelve month high of $167.04. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18. The company has a market capitalization of $168.06 billion, a price-to-earnings ratio of 39.28, a price-to-earnings-growth ratio of 1.32 and a beta of 1.29.

Amphenol (NYSE:APH - Get Free Report) last posted its earnings results on Wednesday, April 29th. The electronics maker reported $1.06 EPS for the quarter, topping analysts' consensus estimates of $0.95 by $0.11. The business had revenue of $7.62 billion for the quarter, compared to analysts' expectations of $7.08 billion. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The business's revenue for the quarter was up 58.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.63 earnings per share. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. As a group, equities analysts forecast that Amphenol Corporation will post 4.49 EPS for the current fiscal year.

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Monday, March 23rd were issued a $0.25 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $1.00 annualized dividend and a yield of 0.7%. Amphenol's dividend payout ratio is currently 28.74%.

Hedge Funds Weigh In On Amphenol

Several institutional investors have recently modified their holdings of APH. Vermillion & White Wealth Management Group LLC grew its position in shares of Amphenol by 163.8% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker's stock worth $25,000 after acquiring an additional 113 shares during the last quarter. Riggs Asset Managment Co. Inc. grew its position in shares of Amphenol by 200.0% during the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker's stock worth $25,000 after acquiring an additional 168 shares during the last quarter. Tucker Asset Management LLC bought a new position in shares of Amphenol during the fourth quarter worth about $26,000. Board of the Pension Protection Fund bought a new position in shares of Amphenol during the fourth quarter worth about $27,000. Finally, HHM Wealth Advisors LLC acquired a new position in Amphenol during the 1st quarter worth $27,000. Institutional investors own 97.01% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on APH shares. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Amphenol in a report on Monday, April 20th. Piper Sandler set a $165.00 price target on shares of Amphenol in a report on Tuesday, March 17th. Robert W. Baird set a $177.00 price target on shares of Amphenol in a report on Thursday, April 30th. JPMorgan Chase & Co. upped their price target on shares of Amphenol from $190.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, April 30th. Finally, Jefferies Financial Group upped their price target on shares of Amphenol from $165.00 to $190.00 and gave the company a "buy" rating in a report on Thursday, April 30th. Thirteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $176.53.

About Amphenol

Amphenol Corporation NYSE: APH is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.

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