S&P 500 slips, but losses kept in check as Nvidia climbs ahead of results
Lance E. D’Amico, Sr. VP, Secretary & GenCounsel at Amphenol Corp (NYSE:APH), sold 130,000 shares of Class A Common Stock on August 18, 2025, for approximately $14.4 million. The sales, executed in multiple trades, were conducted at prices ranging from $110.6003 to $110.8083.
D’Amico sold 100,000 shares directly, and 30,000 shares were sold by the Lance E. D’Amico 2024 Irrevocable Trust. Following the transactions, D’Amico directly owns 76,400 shares and the Lance E. D’Amico 2024 Irrevocable Trust owns 76,400 shares. According to InvestingPro analysis, the stock currently appears overvalued compared to its Fair Value, despite maintaining a GREAT financial health score.
On the same day, D’Amico also exercised options to acquire 130,000 shares of Amphenol’s Class A Common Stock at prices of $22.5525 and $22.3725, for a total value of $2926425. For deeper insights into insider trading patterns and comprehensive analysis, including 20+ additional ProTips, check out Amphenol’s full research report on InvestingPro.
In other recent news, Amphenol has announced significant developments that could impact its future growth. The company plans to acquire Trexon, a provider of high-reliability interconnect and cable assemblies primarily for the defense market, for $1 billion in cash. This acquisition is expected to contribute approximately 1.3% to Amphenol’s sales and earnings per share within two years after the deal closes. Additionally, Amphenol has entered into an agreement to acquire CommScope’s Connectivity and Cable Solutions segment for approximately $10.5 billion in an all-cash transaction. This deal is subject to CommScope shareholder approval and is expected to close in the first half of 2026.
Analyst firms have responded positively to these developments. Truist Securities reiterated its Buy rating on Amphenol stock with a price target of $126.00, while Evercore ISI raised its price target from $110.00 to $120.00, maintaining an Outperform rating. Evercore ISI cited Amphenol’s expanding artificial intelligence portfolio as a key factor in its decision. The firm’s revised estimate indicates that Amphenol’s quarterly AI revenue increased significantly, with a book-to-bill ratio of 0.98:1 and sequential order growth of approximately 4%. These recent acquisitions and analyst reactions highlight Amphenol’s strategic moves to strengthen its market position.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.