Amphenol Corp.’s recently made public that its President, HES Division WALTER LUC unloaded Company’s shares for reported $9.5 million on May 23 ’24. In the deal valued at $135.68 per share,70,000 shares were sold. As a result of this transaction, WALTER LUC now holds 223,895 shares worth roughly $15.29 million.
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Then, WALTER LUC sold 115,000 shares, generating $15,540,801 in total proceeds. Upon selling the shares at $135.14, the President, HES Division now owns 198,640 shares.
Before that, Straub Peter sold 20,000 shares. Amphenol Corp. shares valued at $2,212,800 were divested by the President, ISS Division at a price of $110.64 per share. As a result of the transaction, Straub Peter now holds 0 shares, worth roughly $0.0.
Seaport Research Partners initiated its Amphenol Corp. [APH] rating to a Buy in a research note published on May 20, 2024; the price target was $150. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early April with a ‘”a Hold”‘ rating. Citigroup began covering APH with “Buy” recommendation on January 05, 2024. Exane BNP Paribas started covering the stock on October 05, 2023. It rated APH as “an Outperform”.
Price Performance Review of APH
On Friday, Amphenol Corp. [NYSE:APH] saw its stock fall -1.04% to $68.27. Over the last five days, the stock has gained 4.52%. Amphenol Corp. shares have risen nearly 37.74% since the year began. Nevertheless, the stocks have risen 69.05% over the past one year. While a 52-week high of $69.29 was reached on 05/24/24, a 52-week low of $39.34 was recorded on 01/04/24. SMA at 50 days reached $62.66, while 200 days put it at $51.42. A total of 4.0 million shares were traded, compared to the trading of 6.15 million shares in the previous session.
Levels Of Support And Resistance For APH Stock
The 24-hour chart illustrates a support level at 67.52, which if violated will result in even more drops to 66.76. On the upside, there is a resistance level at 68.88. A further resistance level may holdings at 69.48. The Relative Strength Index (RSI) on the 14-day chart is 64.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.89, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 21.70%. Stochastics %K at 86.32% indicates the stock is a selling.
