Amkor Technology Inc. (NASDAQ:AMKR) insider John Charles Stone sold 50,000 shares of Amkor Technology stock in a transaction dated Friday, November 18th. The shares were sold at an average price of $12.13, for a total transaction of $606,500.00. Following the sale, the insider now owns 79,722 shares in the company, valued at $967,027.86. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

John Charles Stone also recently made the following trade(s):

  • On Tuesday, November 8th, John Charles Stone sold 30,000 shares of Amkor Technology stock. The shares were sold at an average price of $11.01, for a total transaction of $330,300.00.
  • On Wednesday, September 7th, John Charles Stone sold 6,600 shares of Amkor Technology stock. The shares were sold at an average price of $9.25, for a total transaction of $61,050.00.
  • On Friday, September 2nd, John Charles Stone sold 3,400 shares of Amkor Technology stock. The shares were sold at an average price of $9.25, for a total transaction of $31,450.00.

Shares of Amkor Technology Inc. (NASDAQ:AMKR) opened at 12.32 on Tuesday. Amkor Technology Inc. has a 12-month low of $4.09 and a 12-month high of $12.44. The firm has a market cap of $2.93 billion, a P/E ratio of 49.48 and a beta of 2.55. The firm’s 50-day moving average price is $10.24 and its 200 day moving average price is $8.02.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings results on Monday, October 31st. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.04. Amkor Technology had a return on equity of 5.43% and a net margin of 1.55%. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the prior year, the business posted $0.12 earnings per share. The business’s revenue was up 48.0% compared to the same quarter last year. On average, equities analysts expect that Amkor Technology Inc. will post $0.54 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Amkor Technology (NASDAQ:AMKR)

A number of equities research analysts recently weighed in on the stock. Zacks Investment Research cut shares of Amkor Technology from a “buy” rating to a “hold” rating in a research note on Thursday, July 28th. Credit Suisse Group AG reiterated a “neutral” rating on shares of Amkor Technology in a research report on Tuesday, August 16th. Citigroup Inc. boosted their price target on shares of Amkor Technology from $5.00 to $6.20 and gave the stock a “sell” rating in a research report on Wednesday, August 3rd. Finally, Deutsche Bank AG boosted their price target on shares of Amkor Technology from $6.00 to $7.50 and gave the stock a “hold” rating in a research report on Tuesday, August 2nd. One analyst has rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $8.18.

A number of hedge funds have recently made changes to their positions in AMKR. BNP Paribas Arbitrage SA boosted its stake in shares of Amkor Technology by 46.2% in the third quarter. BNP Paribas Arbitrage SA now owns 13,193 shares of the company’s stock valued at $128,000 after buying an additional 4,172 shares during the last quarter. Aperio Group LLC boosted its stake in shares of Amkor Technology by 18.5% in the third quarter. Aperio Group LLC now owns 14,436 shares of the company’s stock valued at $140,000 after buying an additional 2,249 shares during the last quarter. CIBC World Markets Inc. acquired a new stake in shares of Amkor Technology during the third quarter valued at approximately $167,000. Westover Capital Advisors LLC acquired a new stake in shares of Amkor Technology during the third quarter valued at approximately $180,000. Finally, Chicago Equity Partners LLC acquired a new stake in shares of Amkor Technology during the third quarter valued at approximately $193,000. Hedge funds and other institutional investors own 33.59% of the company’s stock.

Amkor Technology Company Profile

Amkor Technology, Inc is a provider of outsourced semiconductor packaging and test services. The Company’s packaging and test services are designed to meet application and chip specific requirements, including the type of interconnect technology employed, size, thickness and electrical, and mechanical and thermal performance.

5 Day Chart for NASDAQ:AMKR

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