Amkor Technology Inc. (NASDAQ:AMKR) insider John Charles Stone sold 25,000 shares of the company’s stock in a transaction dated Monday, November 21st. The shares were sold at an average price of $12.35, for a total transaction of $308,750.00. Following the transaction, the insider now directly owns 54,722 shares of the company’s stock, valued at approximately $675,816.70. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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

  • On Friday, November 18th, John Charles Stone sold 50,000 shares of Amkor Technology stock. The shares were sold at an average price of $12.13, for a total transaction of $606,500.00.
  • 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) traded up 1.40% during mid-day trading on Wednesday, reaching $12.27. 247,760 shares of the company’s stock traded hands. The firm has a 50-day moving average price of $10.31 and a 200-day moving average price of $8.06. The company has a market capitalization of $2.92 billion, a P/E ratio of 49.28 and a beta of 2.55. Amkor Technology Inc. has a 1-year low of $4.09 and a 1-year high of $12.48.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings results on Monday, October 31st. The company reported $0.25 earnings per share 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 earned $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter last year, the company posted $0.12 EPS. Amkor Technology’s revenue for the quarter was up 48.0% on a year-over-year basis. On average, equities research analysts forecast 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)

Institutional investors have recently added to or reduced their stakes in the stock. 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 worth $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 worth $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 worth $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 worth $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 worth $144,000. Institutional investors and hedge funds own 33.59% of the company’s stock.

A number of analysts recently issued reports on AMKR shares. Zacks Investment Research downgraded shares of Amkor Technology from a “buy” rating to a “hold” rating in a research report on Thursday, July 28th. Deutsche Bank AG increased their target price 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. Citigroup Inc. increased their target price 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, Credit Suisse Group AG reissued a “neutral” rating on shares of Amkor Technology in a research report on Tuesday, August 16th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $8.18.

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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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