4 days Ago By ABMN Staff
Russell Investments Group Ltd. lifted its holdings in Amkor Technology, Inc. ( NASDAQ:AMKR – Free Report ) by 25.
7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 173,355 shares of the semiconductor company’s stock after purchasing an additional 35,397 shares during the period. Russell Investments Group Ltd.
owned about 0.07% of Amkor Technology worth $4,453,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors have also recently modified their holdings of the business.
SBI Securities Co. Ltd. bought a new stake in shares of Amkor Technology in the 4th quarter valued at about $27,000.
Jones Financial Companies Lllp boosted its stake in Amkor Technology by 353.7% in the fourth quarter. Jones Financial Companies Lllp now owns 1,488 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 1,160 shares in the last quarter.
Hurley Capital LLC acquired a new stake in Amkor Technology in the fourth quarter valued at approximately $43,000. Blue Trust Inc. grew its holdings in Amkor Technology by 36.
9% in the fourth quarter. Blue Trust Inc. now owns 3,418 shares of the semiconductor company’s stock worth $88,000 after purchasing an additional 922 shares during the last quarter.
Finally, 1620 Investment Advisors Inc. increased its position in shares of Amkor Technology by 24.6% during the fourth quarter.
1620 Investment Advisors Inc. now owns 4,768 shares of the semiconductor company’s stock worth $122,000 after purchasing an additional 942 shares in the last quarter. 42.
76% of the stock is currently owned by institutional investors. Insider Buying and Selling In other Amkor Technology news, major shareholder Agnes C. Kim sold 869,565 shares of the stock in a transaction on Monday, February 24th.
The shares were sold at an average price of $21.85, for a total transaction of $18,999,995.25.
Following the transaction, the insider now directly owns 10,020,870 shares of the company’s stock, valued at $218,956,009.50. This trade represents a 7.
98 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink . Also, EVP Kevin Engel sold 5,489 shares of the business’s stock in a transaction dated Tuesday, February 25th.
The stock was sold at an average price of $21.69, for a total transaction of $119,056.41.
Following the sale, the executive vice president now directly owns 1,388 shares of the company’s stock, valued at $30,105.72. This represents a 79.
82 % decrease in their position. The disclosure for this sale can be found here . 26.
90% of the stock is currently owned by insiders. Analysts Set New Price Targets Read Our Latest Stock Analysis on AMKR Amkor Technology Stock Up 0.6 % Shares of AMKR opened at $17.
08 on Wednesday. The stock’s 50-day moving average price is $19.67 and its 200-day moving average price is $24.
40. The company has a quick ratio of 1.90, a current ratio of 2.
11 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $4.
22 billion, a price-to-earnings ratio of 11.94 and a beta of 1.88.
Amkor Technology, Inc. has a 52 week low of $14.03 and a 52 week high of $44.
86. Amkor Technology ( NASDAQ:AMKR – Get Free Report ) last issued its quarterly earnings data on Monday, February 10th. The semiconductor company reported $0.
43 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.06.
Amkor Technology had a net margin of 5.60% and a return on equity of 8.59%.
On average, sell-side analysts predict that Amkor Technology, Inc. will post 1.47 EPS for the current year.
Amkor Technology Cuts Dividend The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Thursday, March 13th were paid a $0.0827 dividend.
The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.33 annualized dividend and a dividend yield of 1.
94%. Amkor Technology’s dividend payout ratio is presently 23.08%.
About Amkor Technology ( Free Report ) Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage. See Also Want to see what other hedge funds are holding AMKR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Amkor Technology, Inc. ( NASDAQ:AMKR – Free Report ). 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.
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