DSG Capital Advisors LLC Buys 7,458 Shares of Amphenol Corporation $APH

DSG Capital Advisors LLC boosted its stake in Amphenol Corporation (NYSE:APH) by 230.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,688 shares of the electronics maker’s stock after acquiring an additional 7,458 shares during the period. DSG Capital Advisors LLC’s holdings in Amphenol were worth $1,323,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in APH. Financial Management Professionals Inc. increased its position in shares of Amphenol by 82.6% during the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after buying an additional 90 shares during the period. Alpine Bank Wealth Management bought a new stake in Amphenol during the third quarter valued at $30,000. Riggs Asset Managment Co. Inc. raised its position in shares of Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 168 shares in the last quarter. Howard Hughes Medical Institute acquired a new position in shares of Amphenol in the 2nd quarter valued at about $26,000. Finally, Evolution Wealth Management Inc. bought a new stake in shares of Amphenol during the 2nd quarter valued at about $31,000. Institutional investors own 97.01% of the company’s stock.

Analyst Ratings Changes

APH has been the subject of a number of research analyst reports. The Goldman Sachs Group reiterated a “buy” rating and issued a $183.00 target price on shares of Amphenol in a report on Thursday, January 15th. Robert W. Baird set a $139.00 price objective on shares of Amphenol and gave the company an “outperform” rating in a research note on Friday, October 10th. Fox Advisors reiterated an “outperform” rating on shares of Amphenol in a research report on Friday, January 9th. Evercore ISI reissued an “outperform” rating and set a $165.00 target price on shares of Amphenol in a research note on Tuesday, January 20th. Finally, Barclays raised shares of Amphenol from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $143.00 to $156.00 in a research note on Monday, January 12th. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $149.54.

Amphenol Stock Performance

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

Insider Buying and Selling

In other news, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $142.00, for a total value of $11,360,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Craig A. Lampo sold 40,076 shares of Amphenol stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $143.50, for a total value of $5,750,906.00. Following the transaction, the chief financial officer directly owned 39,884 shares in the company, valued at approximately $5,723,354. The trade was a 50.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 498,076 shares of company stock worth $70,996,906 in the last quarter. Insiders own 1.67% of the company’s stock.

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.