A significant insider transaction involving the exercise of company stock options was reported on May 24, by LUC WALTER, President at Amphenol (NYSE:APH), as per the latest SEC filing.
What Happened: The latest Form 4 filing on Friday with the U.S. Securities and Exchange Commission uncovered WALTER, President at Amphenol, exercising stock options for 225,000 shares of APH. The total transaction was valued at $21,037,589.
Amphenol shares are trading up 0.8% at $137.49 at the time of this writing on Friday morning. Since the current price is $137.49, this makes WALTER's 225,000 shares worth $21,037,589.
Get to Know Amphenol Better
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.
Amphenol: Delving into Financials
Revenue Growth: Amphenol's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 9.49%. This indicates a substantial increase in the company's top-line earnings. As compared ...