A notable acquisition unfolded on May 21, as Straub, President at Amphenol (NYSE:APH), reported the acquisition of stock options for 73,529 shares in an SEC filing.
What Happened: Straub, 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 Straub to buy the company's stock at $131.91 per share.
The latest update on Tuesday morning shows Amphenol shares up by 1.16%, trading at $134.91. At this price, Straub's 73,529 shares are worth $220,587.
About Amphenol
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 displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 9.49%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the ...