Large Outflow of Money Witnessed in Amphenol Corporation

Amphenol Corporation (APH) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (4.56 million) in Amphenol Corporation (APH). On Friday, The value of composite uptick trades was $10.24 million, whereas, the value of composite downtick trades was $14.8 million and the ratio between the two was 0.69, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $5.71 million. The negative money flow of ($5.71 million) shows selling on strength. Amphenol Corporation (APH) gained $0.02 intraday at $62.33 and registrered 0.03% for the week.


The company Insiders own 2.92% of Amphenol Corporation shares according to the proxy statements. Institutional Investors own 96.99% of Amphenol Corporation shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Amphenol Corp /De/, Reardon Diana G had sold 240,000 shares worth of $14,805,600 in a transaction dated August 26, 2016. In this transaction, 240,000 shares were sold at $61.69 per share.

Amphenol Corporation (NYSE:APH): The stock opened at $62.46 and touched an intraday high of $62.66 on Friday. During the day, the stock corrected to an intraday low of $62.34, however, the bulls stepped in and pushed the price higher to close in the green at $62.58 with a gain of 0.40% for the day. The total traded volume for the day was 794,243. The stock had closed at $62.33 in the previous trading session.

Amphenol Corporation (APH) : Traders are bullish on Amphenol Corporation (APH) as it has outperformed the S&P 500 by a wide margin of 4.58% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.23%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.74% in the last 1 week, and is up 4.44% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The Company operates through two segments: Interconnect Products and Assemblies, and Cable Products and Solutions. The Interconnect Products and Assemblies segment primarily designs, manufacturers and markets a range of connector and connector systems, value-add products and other products, including antennas and sensors, used in a range of applications in a diverse set of end markets. The Cable Products and Solutions segment primarily designs, manufacturers and markets cable, value-added products and components for use primarily in the broadband communications and information technology markets, as well as certain applications in other markets.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *