Making a noteworthy insider sell on June 12, Kevin Engel, Executive Vice President at Amkor Tech (NASDAQ:AMKR), is reported in the latest SEC filing.
What Happened: Engel's decision to sell 4,921 shares of Amkor Tech was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value of the sale is $163,475.
Amkor Tech's shares are actively trading at $34.88, experiencing a down of 2.06% during Thursday's morning session.
About Amkor Tech
Amkor Technology Inc is a provider of outsourced semiconductor packaging and test services to integrated device manufacturers, fabless semiconductor companies, and contract foundries. The firm's products are organized into two categories namely advanced products that include flip chip, fine pitch bumping, wafer-level processing, advanced SiPs, power modules, and others, and Mainstream products that includes wirebond packaging and testing. The company derives maximum revenue from the advanced products category. The company derives majority of its revenue from Foreign states.
Amkor Tech: Financial Performance Dissected
Negative Revenue Trend: Examining Amkor Tech's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -7.21% in revenue growth, reflecting a ...