30,955 Shares in Amphenol Corporation $APH Acquired by Estate Counselors LLC

Estate Counselors LLC bought a new stake in shares of Amphenol Corporation (NYSE:APH) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 30,955 shares of the electronics maker’s stock, valued at approximately $3,831,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bruce G. Allen Investments LLC raised its position in Amphenol by 9.4% during the third quarter. Bruce G. Allen Investments LLC now owns 975 shares of the electronics maker’s stock valued at $121,000 after buying an additional 84 shares during the period. Financial Management Professionals Inc. increased its holdings in shares of Amphenol by 82.6% in the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 90 shares during the period. Allen Capital Group LLC lifted its position in shares of Amphenol by 3.2% in the third quarter. Allen Capital Group LLC now owns 3,012 shares of the electronics maker’s stock worth $373,000 after purchasing an additional 92 shares in the last quarter. Bell Investment Advisors Inc boosted its holdings in shares of Amphenol by 19.2% during the second quarter. Bell Investment Advisors Inc now owns 591 shares of the electronics maker’s stock worth $58,000 after purchasing an additional 95 shares during the period. Finally, CENTRAL TRUST Co grew its position in Amphenol by 9.4% during the second quarter. CENTRAL TRUST Co now owns 1,146 shares of the electronics maker’s stock valued at $113,000 after purchasing an additional 98 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Activity

In other Amphenol news, CFO Craig A. Lampo sold 40,076 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $143.50, for a total transaction of $5,750,906.00. Following the completion of the transaction, the chief financial officer owned 39,884 shares of the company’s stock, valued at $5,723,354. The trade was a 50.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Lance E. D’amico sold 120,000 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total value of $16,801,200.00. Following the completion of the sale, the vice president directly owned 76,400 shares in the company, valued at approximately $10,696,764. This represents a 61.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 698,076 shares of company stock valued at $99,081,306 in the last quarter. 1.67% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Bank of America raised shares of Amphenol from a “neutral” rating to a “buy” rating and lifted their target price for the company from $120.00 to $150.00 in a research note on Wednesday, October 15th. Wall Street Zen cut Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research report on Wednesday. Robert W. Baird set a $139.00 price target on Amphenol and gave the stock an “outperform” rating in a research note on Friday, October 10th. Finally, US Capital Advisors set a $165.00 price target on Amphenol in a research note on Friday, January 9th. Eleven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $147.62.

Amphenol Stock Down 1.0%

APH opened at $150.97 on Monday. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $157.54. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07. The business has a 50 day moving average price of $139.45 and a 200 day moving average price of $125.83. The firm has a market cap of $184.79 billion, a P/E ratio of 50.32, a price-to-earnings-growth ratio of 0.92 and a beta of 1.21.

Amphenol Company Profile

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.