Benzinga - by Benzinga Insights, Benzinga Staff Writer.
A substantial acquisition of company stock options by LUC WALTER, President at Amphenol (NYSE:APH) was reported on May 21, based on a new SEC filing.
What Happened: WALTER, President at Amphenol, acquired stock options for 73,529 shares of APH. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday. The options allow WALTER to buy the company's stock at $131.91 per share.
Currently, Amphenol shares are trading up 1.14%, priced at $134.88 during Tuesday's morning. This values WALTER's 73,529 shares at $218,381.
Discovering Amphenol: A Closer Look Amphenol is a global supplier of connectors, sensors, and interconnect systems. Amphenol holds the second-largest connector market share globally and sells into the end markets of automotive, broadband, commercial air, industrial, IT and data communications, military, mobile devices, and mobile networks. Amphenol is diversified geographically, with operations in 40 countries.
Understanding the Numbers: Amphenol's Finances Revenue Growth: Over the 3 months period, Amphenol showcased positive performance, achieving a revenue growth rate of 9.49% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Profitability Metrics:
- Gross Margin: With a high gross margin of 33.44%, the company demonstrates effective cost control and strong profitability relative to its peers.
- Earnings per Share (EPS): Amphenol's EPS is notably higher than the industry average. The company achieved a positive bottom-line trend with a current EPS of 0.91.
Financial Valuation Breakdown:
- Price to Earnings (P/E) Ratio: Amphenol's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 40.78.
- Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 6.47, Amphenol's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
- EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): With an impressive EV/EBITDA ratio of 26.48, Amphenol demonstrates exemplary market valuation, surpassing industry averages.
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Navigating the Impact of Insider Transactions on Investments Insightful as they may be, insider transactions should be considered alongside a thorough examination of other investment criteria.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
Essential Transaction Codes Unveiled Delving into transactions, investors typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
Check Out The Full List Of Amphenol's Insider Trades.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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