The President & CEO of Amphenol is Exercising Options


Today it was reported that the President & CEO of Amphenol (APH), Richard Adam Norwitt, exercised options to sell 525,000 APH shares at $39.00 a share, for a total transaction value of $54.68M.

Following Richard Adam Norwitt’s last APH Sell transaction on November 01, 2017, the stock climbed by 22.3%. In addition to Richard Adam Norwitt, 5 other APH executives reported Sell trades in the last month.

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The company has a one-year high of $110.24 and a one-year low of $63.05. Currently, Amphenol has an average volume of 384.22K. APH’s market cap is $31.66 billion and the company has a P/E ratio of 29.20.

Based on 10 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $91.78, reflecting a 16.3% upside.

The insider sentiment on Amphenol has been negative according to 35 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Richard Adam Norwitt’s trades have generated a -22.7% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Amphenol Corp. engages in the design, manufacture, and marketing of interconnect products. It operates through the Interconnect Products and Assemblies; and Cables Products and Solutions segments. The Interconnect Products and Assemblies segment comprises connector and connector systems, value-add products, and other products such as antennas and sensors, used in a applications in a diverse set of end markets. The Cable Products and Solutions segment includes value-add products and components for use in the broadband communications and information technology markets as well as certain applications in other markets. Its products include electrical, electronic and fiber optic connectors interconnect systems, antennas, sensors and sensor-based products, and coaxial and high-speed specialty cable. The company was founded by Schmitt J. Arthur in 1932 and is headquartered in Wallingford, CT.

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