Guillaume Marie Jean Rutten Sells 30,000 Shares of Amkor Technology, Inc. (NASDAQ:AMKR) Stock

Amkor Technology, Inc. (NASDAQ:AMKR – Get Rating) CEO Guillaume Marie Jean Rutten sold 30,000 shares of Amkor Technology stock in a transaction that occurred on Wednesday, March 15th. The shares were sold at an average price of $24.19, for a total transaction of $725,700.00. Following the sale, the chief executive officer now owns 134,808 shares in the company, valued at approximately $3,261,005.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Guillaume Marie Jean Rutten also recently made the following trade(s):

• On Tuesday, January 17th, Guillaume Marie Jean Rutten sold 30,000 shares of Amkor Technology stock. The stock was sold at an average price of $30.73, for a total transaction of $921,900.00.

Amkor Technology Stock Down 1.5 %

Shares of NASDAQ:AMKR opened at $24.74 on Friday. The company has a current ratio of 1.99, a quick ratio of 1.61 and a debt-to-equity ratio of 0.29. The company has a fifty day simple moving average of $27.87 and a 200 day simple moving average of $24.13. The firm has a market cap of $6.07 billion, a PE ratio of 7.95 and a beta of 1.76. Amkor Technology, Inc. has a 12-month low of $14.89 and a 12-month high of $31.38.

Amkor Technology (NASDAQ:AMKR – Get Rating) last issued its quarterly earnings results on Monday, February 13th. The semiconductor company reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.03). Amkor Technology had a return on equity of 22.57% and a net margin of 10.80%. The company had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.85 billion. During the same quarter last year, the firm posted $0.88 EPS. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. On average, equities research analysts anticipate that Amkor Technology, Inc. will post 2.15 EPS for the current fiscal year.

Amkor Technology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 20th. Shareholders of record on Tuesday, February 28th will be paid a dividend of $0.075 per share. The ex-dividend date of this dividend is Monday, February 27th. This represents a $0.30 annualized dividend and a yield of 1.21%. Amkor Technology’s payout ratio is 9.65%.

Institutional Trading of Amkor Technology

Institutional investors have recently added to or reduced their stakes in the business. Exchange Traded Concepts LLC bought a new stake in Amkor Technology during the fourth quarter valued at $27,000. Wipfli Financial Advisors LLC bought a new stake in Amkor Technology during the third quarter valued at $28,000. Whittier Trust Co. of Nevada Inc. bought a new stake in Amkor Technology during the fourth quarter valued at $33,000. Ronald Blue Trust Inc. acquired a new position in shares of Amkor Technology during the second quarter valued at $35,000. Finally, CWM LLC boosted its holdings in shares of Amkor Technology by 39.6% during the third quarter. CWM LLC now owns 2,201 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 624 shares during the period. Institutional investors own 38.07% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Amkor Technology from a “hold” rating to a “buy” rating in a research note on Saturday, March 11th.

Amkor Technology Company Profile

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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.