Yahoo Finance Insider Sale: Executive Vice President Kevin Engel Sells 4,921 Shares of Amkor Technology Inc (AMKR)
On June 10, 2024, Kevin Engel, Executive Vice President of Amkor Technology Inc (NASDAQ:AMKR), sold 4,921 shares of the company. The transaction was documented in an SEC Filing. Following this transaction, the insider now owns 0 shares of Amkor Technology Inc.
Amkor Technology Inc is a provider of semiconductor packaging and test services. Its services include the design and manufacture of semiconductor packages and providing test services for semiconductor devices.
Shares of Amkor Technology Inc were priced at $33.22 on the day of the sale. The company's market cap is approximately $8.77 billion. The price-earnings ratio stands at 23.43, which is lower than the industry median of 33.37.
The GF Value of Amkor Technology Inc is $24.48, indicating that with a price-to-GF-Value ratio of 1.36, the stock is considered Significantly Overvalued.
Over the past year, there have been 25 insider sells and 0 insider buys of Amkor Technology Inc shares. The insider transaction history reflects a trend of selling rather than buying among insiders.
This recent sale by Kevin Engel aligns with the ongoing trend of insider sales at Amkor Technology Inc, suggesting that insiders might perceive the shares to be appropriately valued or potentially overvalued at current prices.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
