Amphenol Corporation $APH Shares Sold by Stonehage Fleming Financial Services Holdings Ltd

Stonehage Fleming Financial Services Holdings Ltd decreased its position in Amphenol Corporation (NYSE:APH) by 23.6% during the third quarter, Holdings Channel reports. The firm owned 1,747,644 shares of the electronics maker’s stock after selling 538,502 shares during the quarter. Amphenol comprises 6.1% of Stonehage Fleming Financial Services Holdings Ltd’s portfolio, making the stock its 6th largest holding. Stonehage Fleming Financial Services Holdings Ltd’s holdings in Amphenol were worth $216,271,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of APH. Brighton Jones LLC boosted its holdings in Amphenol by 114.0% during the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock valued at $1,224,000 after acquiring an additional 9,390 shares during the period. Revolve Wealth Partners LLC lifted its position in shares of Amphenol by 87.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock worth $701,000 after purchasing an additional 4,721 shares in the last quarter. Bison Wealth LLC boosted its stake in shares of Amphenol by 8.3% in the fourth quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock valued at $559,000 after purchasing an additional 618 shares during the period. Independence Bank of Kentucky acquired a new position in shares of Amphenol in the second quarter valued at approximately $73,000. Finally, Global Trust Asset Management LLC purchased a new stake in Amphenol during the 2nd quarter worth approximately $232,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CFO Craig A. Lampo sold 258,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $143.20, for a total transaction of $36,945,600.00. Following the transaction, the chief financial officer owned 167,695 shares in the company, valued at $24,013,924. This trade represents a 60.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider William J. Doherty sold 80,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $142.00, for a total value of $11,360,000.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 498,076 shares of company stock valued at $70,996,906. 1.67% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have commented on the stock. UBS Group restated a “buy” rating and issued a $174.00 price target (up previously from $152.00) on shares of Amphenol in a research note on Wednesday, January 14th. The Goldman Sachs Group reissued a “buy” rating and set a $183.00 target price on shares of Amphenol in a research note on Thursday, January 15th. Wall Street Zen lowered Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Robert W. Baird set a $139.00 price objective on Amphenol and gave the stock an “outperform” rating in a research report on Friday, October 10th. Finally, Evercore ISI reaffirmed an “outperform” rating and issued a $165.00 target price on shares of Amphenol in a report on Tuesday, January 20th. Eleven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $149.54.

Amphenol Trading Up 7.2%

NYSE APH opened at $166.69 on Wednesday. The firm’s fifty day moving average price is $140.60 and its 200 day moving average price is $126.71. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $167.04. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. The company has a market capitalization of $204.04 billion, a price-to-earnings ratio of 55.56, a price-to-earnings-growth ratio of 0.94 and a beta of 1.21.

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.