Is Buying Amphenol Corporation New (NYSE:APH) Here Good Idea?

October 13, 2017 - By Vivian Park

 Is Buying Amphenol Corporation New (NYSE:APH) Here Good Idea?

Investors sentiment increased to 0.88 in 2017 Q2. Its up 0.05, from 0.83 in 2017Q1. It is positive, as 25 investors sold Amphenol Corporation shares while 208 reduced holdings. 59 funds opened positions while 146 raised stakes. 293.69 million shares or 0.28% more from 292.87 million shares in 2017Q1 were reported.
Rhumbline Advisers holds 0.12% of its portfolio in Amphenol Corporation (NYSE:APH) for 691,740 shares. Motco owns 84,856 shares. Reilly Herbert Faulkner Iii accumulated 58,202 shares. National Pension, Korea-based fund reported 296,499 shares. Loomis Sayles And Co Lp accumulated 0.05% or 293,777 shares. Bp Public Ltd Liability Co invested in 38,000 shares or 0.1% of the stock. Panagora Asset Management holds 0.01% or 31,205 shares. Bessemer Grp holds 0% or 13,877 shares. Hallmark Cap, New Jersey-based fund reported 5,600 shares. Putnam Invests Ltd Company has invested 0% in Amphenol Corporation (NYSE:APH). Columbia Prns L L C Invest Management reported 0.14% stake. Virtus Invest Advisers Incorporated invested in 64,520 shares or 0.47% of the stock. Edgestream Partners L P, New Jersey-based fund reported 6,130 shares. Dixon Hubard Feinour And Brown Va reported 89,710 shares or 1.91% of all its holdings. Hutchin Hill Capital Ltd Partnership reported 0.05% stake.

Since May 15, 2017, it had 0 insider purchases, and 5 sales for $66.18 million activity. Shares for $3.47M were sold by Booker Martin on Friday, June 2. Another trade for 432,000 shares valued at $32.02M was made by Raley Zachary W on Wednesday, May 24. Another trade for 200,000 shares valued at $14.98 million was sold by REARDON DIANA G. 200,000 shares valued at $14.62 million were sold by NORWITT RICHARD ADAM on Monday, May 15.

The stock of Amphenol Corporation New (NYSE:APH) registered a decrease of 5.93% in short interest. APH’s total short interest was 5.55 million shares in October as published by FINRA. Its down 5.93% from 5.90M shares, reported previously. With 962,100 shares average volume, it will take short sellers 6 days to cover their APH’s short positions.

About 681,933 shares traded. Amphenol Corporation (NYSE:APH) has risen 31.78% since October 13, 2016 and is uptrending. It has outperformed by 15.08% the S&P500.

Amphenol Corporation is a designer, maker and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The company has market cap of $26.62 billion. The Firm operates through two divisions, which include Interconnect Products and Assemblies, and Cable Products and Solutions. It has a 29.41 P/E ratio. The Company’s Interconnect Product and Assemblies segment primarily is engaged in designing, manufacturing and marketing a range of connector and connector systems, value-add products, and other products, including antennas and sensors, used in a range of applications in various set of end markets.

Amphenol Corporation (NYSE:APH) Ratings Coverage

Among 10 analysts covering Amphenol (NYSE:APH), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Amphenol had 32 analyst reports since July 23, 2015 according to SRatingsIntel. SunTrust maintained the stock with “Hold” rating in Wednesday, October 11 report. The firm has “Buy” rating by Zacks given on Wednesday, August 26. The rating was maintained by Suntrust Robinson with “Neutral” on Thursday, January 21. The firm has “Buy” rating given on Monday, November 16 by Goldman Sachs. As per Friday, September 15, the company rating was maintained by Cowen & Co. The firm has “Hold” rating by Drexel Hamilton given on Tuesday, December 15. As per Wednesday, September 27, the company rating was maintained by Stifel Nicolaus. The stock of Amphenol Corporation (NYSE:APH) earned “Hold” rating by Stifel Nicolaus on Sunday, August 13. As per Thursday, June 1, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained the shares of APH in report on Tuesday, June 27 with “Top Pick” rating.

Another recent and important Amphenol Corporation (NYSE:APH) news was published by Nasdaq.com which published an article titled: “Amphenol Corporation (APH) Ex-Dividend Date Scheduled for September 15, 2017” on September 14, 2017.

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