NewEdge Advisors LLC Has $2.66 Million Stock Position in Amphenol Corporation $APH

Key Takeaways:

• NewEdge Advisors LLC trimmed its Amphenol stake by 18.3% in the first quarter
• The firm sold 9,075 shares, ending with 40,512 total shares
• Their current holdings are valued at $2,657,000
• Amphenol Corporation is an electronics maker listed on the NYSE as APH

NewEdge’s Recent Moves

NewEdge Advisors LLC, an institutional investor, recently reported trimming its position in Amphenol Corporation. In the first quarter, the firm reduced its stake by 18.3%, a move that involved selling 9,075 shares.

Impact on Amphenol Stake

Following the sale, NewEdge Advisors LLC now holds 40,512 shares of Amphenol’s stock. According to its most recent filing, these shares are valued at $2,657,000. This change in holdings underscores a key adjustment in the firm’s investment portfolio during the early part of the fiscal year.

Institutional Context

NewEdge Advisors LLC is known for holding positions in various companies, and moves like this can reflect shifting confidence or strategic rebalancing. As an institutional investor, NewEdge typically files updates with regulators, offering insight into industry and market trends.

Amphenol’s Role as an Electronics Maker

Amphenol Corporation, listed on the New York Stock Exchange under the symbol APH, specializes in electronics manufacturing. The company’s stock can be sensitive to changes in institutional holdings, making this filing noteworthy among analysts and investors.

Looking Ahead

While the exact motivations behind NewEdge Advisors LLC’s decision remain undisclosed, regulatory filings such as this often serve as indicators of how large investors respond to market conditions. Observers will likely continue to monitor both NewEdge Advisors and Amphenol’s developments to gauge broader market sentiments.