Amphenol Corp.’s filing revealed 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 $14.19 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.
Vertical Research initiated its Amphenol Corp. [APH] rating to a Hold in a research note published on July 23, 2024; the price target was $65. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who began to cover the stock in mid May with a ‘”a Buy”‘ rating. Jefferies began covering APH with “Hold” recommendation on April 09, 2024. Citigroup started covering the stock on January 05, 2024. It rated APH as “a Buy”.
Price Performance Review of APH
On Monday, Amphenol Corp. [NYSE:APH] saw its stock fall -0.74% to $63.39. Over the last five days, the stock has lost -4.30%. Amphenol Corp. shares have risen nearly 27.89% since the year began. Nevertheless, the stocks have risen 42.82% over the past one year. While a 52-week high of $70.84 was reached on 06/20/24, a 52-week low of $39.34 was recorded on 01/04/24. SMA at 50 days reached $67.05, while 200 days put it at $54.99. A total of 5.6 million shares were traded, compared to the trading of 12.0 million shares in the previous session.
Levels Of Support And Resistance For APH Stock
The 24-hour chart illustrates a support level at 62.94, which if violated will result in even more drops to 62.50. On the upside, there is a resistance level at 64.24. A further resistance level may holdings at 65.10. The Relative Strength Index (RSI) on the 14-day chart is 41.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.99%. Stochastics%K at 24.22% indicates the stock is a holding.
The most recent change occurred on October 05, 2023 when Exane BNP Paribas began covering the stock and recommended ‘”an Outperform”‘ rating along with a $93 price target.
