Amkor Technology CFO Megan Faust’s Stock Transactions
Chief Financial Officer’s Stock Trades
Amkor Technology, Inc. reports that its CFO, Megan Faust, recently conducted stock transactions. According to filings, Faust sold shares totaling over $87,000.
Details of Faust’s Transactions
On March 15, 2024, Faust sold 2,800 shares at an average price of $31.09, totaling $87,052. This was part of a pre-established trading plan adopted in February 2023.
Additionally, Faust acquired 2,800 shares at $9.48 each, amounting to $26,544. These were direct holdings in the company.
Impact of the Transactions
These transactions have updated Faust’s ownership stake in Amkor Technology. Stock movements by executives are closely watched by investors for insights into the company’s prospects.
Company Overview
Amkor Technology is a semiconductor packaging and testing services provider based in Tempe, Arizona. It discloses executive transactions to ensure transparency with investors.
Insights from InvestingPro
InvestingPro data indicates Amkor’s market cap at $7.63 billion, with a P/E ratio of 21.29. Revenue declined by 8.3% in the last year, but the stock price has risen by 37.49% recently.
The company’s dividend yield is 1.01%, reflecting stability and commitment to shareholders. Analysts predict continued profitability, reassuring investors.
Exploring Further
- InvestingPro offers in-depth analysis and insights on Amkor Technology.
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This article was crafted with care and may offer valuable insights to investors.
