Amkor Technology Inc. (NASDAQ:AMKR) insider Stephen Douglas Kelley sold 9,843 shares of the company’s stock in a transaction that occurred on Thursday, November 17th. The stock was sold at an average price of $11.82, for a total value of $116,344.26. Following the sale, the insider now directly owns 188,807 shares of the company’s stock, valued at approximately $2,231,698.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Stephen Douglas Kelley also recently made the following trade(s):

  • On Tuesday, November 15th, Stephen Douglas Kelley sold 100,000 shares of Amkor Technology stock. The stock was sold at an average price of $11.30, for a total value of $1,130,000.00.
  • On Monday, November 14th, Stephen Douglas Kelley sold 146,828 shares of Amkor Technology stock. The stock was sold at an average price of $11.45, for a total value of $1,681,180.60.
  • On Monday, November 7th, Stephen Douglas Kelley sold 200,000 shares of Amkor Technology stock. The stock was sold at an average price of $10.67, for a total value of $2,134,000.00.

Amkor Technology Inc. (NASDAQ:AMKR) opened at 12.32 on Tuesday. Amkor Technology Inc. has a 52 week low of $4.09 and a 52 week high of $12.44. The firm has a market capitalization of $2.93 billion, a price-to-earnings ratio of 49.48 and a beta of 2.55. The company has a 50 day moving average price of $10.24 and a 200-day moving average price of $8.02.

Amkor Technology (NASDAQ:AMKR) last announced its earnings results on Monday, October 31st. The company reported $0.25 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.04. Amkor Technology had a return on equity of 5.43% and a net margin of 1.55%. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter last year, the firm earned $0.12 EPS. Amkor Technology’s revenue for the quarter was up 48.0% compared to the same quarter last year. Equities analysts predict that Amkor Technology Inc. will post $0.54 earnings per share for the current year.

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

Several equities research analysts have recently weighed in on AMKR shares. Zacks Investment Research cut Amkor Technology from a “buy” rating to a “hold” rating in a research report on Tuesday, November 1st. Credit Suisse Group AG reissued a “neutral” rating on shares of Amkor Technology in a research report on Tuesday, August 16th. Citigroup Inc. increased their price objective on Amkor Technology from $5.00 to $6.20 and gave the company a “sell” rating in a research report on Wednesday, August 3rd. Finally, Deutsche Bank AG increased their price objective on Amkor Technology from $6.00 to $7.50 and gave the company a “hold” rating in a research report on Tuesday, August 2nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $8.18.

A number of large investors have recently made changes to their positions in AMKR. BNP Paribas Arbitrage SA raised its position in 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 period. Fox Run Management L.L.C. bought a new position in Amkor Technology during the second quarter valued at $137,000. Aperio Group LLC raised its position in 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 period. Principal Financial Group Inc. raised its position in Amkor Technology by 31.0% in the second quarter. Principal Financial Group Inc. now owns 25,064 shares of the company’s stock valued at $144,000 after buying an additional 5,925 shares during the period. Finally, Engineers Gate Manager LP bought a new position in Amkor Technology during the second quarter valued at $144,000. 33.59% of the stock is currently owned by institutional investors and hedge funds.

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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