3,154 Shares in Amphenol Corporation (NYSE:APH) Purchased by Traveka Wealth LLC

Traveka Wealth LLC purchased a new position in shares of Amphenol Corporation (NYSE:APH - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 3,154 shares of the electronics maker's stock, valued at approximately $207,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rialto Wealth Management LLC acquired a new position in Amphenol in the 4th quarter valued at approximately $28,000. Rakuten Securities Inc. lifted its position in shares of Amphenol by 703.8% during the fourth quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker's stock valued at $29,000 after purchasing an additional 366 shares in the last quarter. OFI Invest Asset Management bought a new position in shares of Amphenol during the fourth quarter valued at about $44,000. Global X Japan Co. Ltd. purchased a new stake in Amphenol during the first quarter worth about $44,000. Finally, Coppell Advisory Solutions LLC purchased a new stake in Amphenol during the fourth quarter worth about $48,000. Institutional investors own 97.01% of the company's stock.

Amphenol Stock Performance

Shares of NYSE:APH traded down $0.96 during midday trading on Monday, hitting $98.50. The company had a trading volume of 9,850,612 shares, compared to its average volume of 7,651,910. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.99 and a quick ratio of 1.36. The company has a market cap of $119.15 billion, a price-to-earnings ratio of 47.82, a PEG ratio of 2.27 and a beta of 1.13. Amphenol Corporation has a 12-month low of $54.77 and a 12-month high of $99.97. The company has a fifty day moving average of $89.15 and a two-hundred day moving average of $75.34.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The electronics maker reported $0.63 EPS for the quarter, topping the consensus estimate of $0.52 by $0.11. The firm had revenue of $4.81 billion during the quarter, compared to analyst estimates of $4.20 billion. Amphenol had a return on equity of 27.68% and a net margin of 15.58%. Amphenol's revenue was up 47.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.40 EPS. On average, equities research analysts expect that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Tuesday, June 17th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 0.67%. The ex-dividend date is Tuesday, June 17th. Amphenol's dividend payout ratio is currently 32.04%.

Insider Buying and Selling at Amphenol

In other Amphenol news, insider William J. Doherty sold 160,000 shares of the stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $89.54, for a total transaction of $14,326,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Luc Walter sold 390,000 shares of the stock in a transaction dated Friday, April 25th. The shares were sold at an average price of $75.91, for a total transaction of $29,604,900.00. Following the transaction, the insider directly owned 447,790 shares of the company's stock, valued at $33,991,738.90. This trade represents a 46.55% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,764,500 shares of company stock worth $294,839,785. Insiders own 1.67% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on APH shares. TD Securities lifted their target price on shares of Amphenol from $63.00 to $70.00 and gave the stock a "hold" rating in a research note on Thursday, May 1st. Evercore ISI lifted their target price on shares of Amphenol from $88.00 to $105.00 and gave the stock an "outperform" rating in a research note on Thursday, June 5th. Wall Street Zen raised shares of Amphenol from a "hold" rating to a "buy" rating in a research report on Sunday, June 22nd. Citigroup boosted their price objective on shares of Amphenol from $85.00 to $100.00 and gave the company a "buy" rating in a research report on Tuesday, May 27th. Finally, The Goldman Sachs Group upped their target price on shares of Amphenol from $90.00 to $102.00 and gave the stock a "buy" rating in a research report on Tuesday, June 10th. Five equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $88.00.

About Amphenol

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.