Amkor Technology, Inc. (NASDAQ:AMKR) Director Winston J. Churchill sold 60,000 shares of the business’s stock in a transaction on Friday, March 9th. The stock was sold at an average price of $11.36, for a total transaction of $681,600.00. Following the transaction, the director now directly owns 48,776 shares in the company, valued at approximately $554,095.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of Amkor Technology, Inc. (AMKR) traded up $0.10 during trading on Monday, reaching $11.51. 914,938 shares of the company’s stock traded hands, compared to its average volume of 1,023,630. The company has a market cap of $2,750.00, a price-to-earnings ratio of 12.68 and a beta of 2.42. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.21 and a quick ratio of 0.97. Amkor Technology, Inc. has a 12-month low of $8.32 and a 12-month high of $12.48.
Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings results on Monday, February 12th. The semiconductor company reported $0.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.06. The firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.09 billion. Amkor Technology had a net margin of 6.23% and a return on equity of 8.81%. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.42 EPS. sell-side analysts forecast that Amkor Technology, Inc. will post 0.78 EPS for the current year.
Institutional investors have recently made changes to their positions in the business. Quantitative Systematic Strategies LLC bought a new stake in Amkor Technology in the 4th quarter valued at $107,000. M&T Bank Corp bought a new stake in Amkor Technology in the 4th quarter valued at $111,000. Regentatlantic Capital LLC bought a new stake in Amkor Technology in the 4th quarter valued at $113,000. Xact Kapitalforvaltning AB bought a new stake in Amkor Technology in the 4th quarter valued at $144,000. Finally, CAPROCK Group Inc. bought a new stake in Amkor Technology in the 4th quarter valued at $148,000. 40.24% of the stock is currently owned by hedge funds and other institutional investors.
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About Amkor Technology
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; size, thickness and electrical, and mechanical and thermal performance.
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