Insider Selling: Amkor Technology, Inc. (NASDAQ:AMKR) CFO Sells 5,000 Shares of Stock

Amkor Technology, Inc. (NASDAQ:AMKR) CFO Megan Faust sold 5,000 shares of the stock in a transaction that occurred on Thursday, September 16th. The shares were sold at an average price of $28.63, for a total transaction of $143,150.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Megan Faust also recently made the following trade(s):

  • On Thursday, August 19th, Megan Faust sold 5,000 shares of Amkor Technology stock. The shares were sold at an average price of $23.98, for a total transaction of $119,900.00.
  • On Thursday, July 15th, Megan Faust sold 5,000 shares of Amkor Technology stock. The shares were sold at an average price of $22.43, for a total transaction of $112,150.00.

Shares of NASDAQ:AMKR opened at $25.90 on Tuesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.19 and a current ratio of 1.41. The company has a market cap of $6.33 billion, a PE ratio of 13.63 and a beta of 1.62. Amkor Technology, Inc. has a 52 week low of $10.71 and a 52 week high of $29.50. The firm has a 50 day simple moving average of $25.85 and a 200 day simple moving average of $23.60.

Amkor Technology (NASDAQ:AMKR) last issued its quarterly earnings results on Monday, July 26th. The semiconductor company reported $0.51 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.09. The business had revenue of $1.41 billion during the quarter. Amkor Technology had a net margin of 8.51% and a return on equity of 19.31%.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 30th. Investors of record on Tuesday, September 7th will be given a $0.04 dividend. The ex-dividend date of this dividend is Friday, September 3rd. This represents a $0.16 annualized dividend and a dividend yield of 0.62%. Amkor Technology’s dividend payout ratio (DPR) is presently 11.43%.

Several large investors have recently modified their holdings of AMKR. Comerica Bank purchased a new stake in shares of Amkor Technology in the 1st quarter valued at approximately $1,436,000. The Manufacturers Life Insurance Company increased its stake in Amkor Technology by 185.0% in the 1st quarter. The Manufacturers Life Insurance Company now owns 176,618 shares of the semiconductor company’s stock valued at $4,188,000 after buying an additional 114,640 shares during the period. Commonwealth Equity Services LLC acquired a new position in Amkor Technology in the 1st quarter valued at approximately $2,369,000. Envestnet Asset Management Inc. increased its stake in Amkor Technology by 327.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 47,503 shares of the semiconductor company’s stock valued at $1,126,000 after buying an additional 36,398 shares during the period. Finally, Natixis Advisors L.P. acquired a new position in Amkor Technology in the 1st quarter valued at approximately $665,000. Institutional investors and hedge funds own 38.01% of the company’s stock.

About Amkor Technology

Amkor Technology, Inc provides outsourced semiconductor packaging and test services. Its services include design, package characterization, test and wafer bumping services. The firm’s operations include production facilities, product development centers, and sales and support offices. The company was founded in 1986 and is headquartered in Tempe, AZ.

Recommended Story: What is the Quick Ratio?

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

Receive News & Ratings for Amkor Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amkor Technology and related companies with MarketBeat.com's FREE daily email newsletter.