We note that the Amkor Technology, Inc. (NASDAQ:AMKR) Executive Vice President of Global Sales & Marketing, John Stone, recently sold US$65k worth of stock for US$13.72 per share. It might not be a huge sale, but it did reduce their holding size 15%, hardly encouraging.
The Last 12 Months Of Insider Transactions At Amkor Technology
Over the last year, we can see that the biggest insider purchase was by President Stephen Kelley for US$949k worth of shares, at about US$6.33 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$13.07. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
The chart below shows insider transactions (by individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Amkor Technology is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Does Amkor Technology Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Amkor Technology insiders own about US$1.5b worth of shares (which is 48% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
What Might The Insider Transactions At Amkor Technology Tell Us?
An insider hasn't bought Amkor Technology stock in the last three months, but there was some selling. But we take heart from prior transactions. And insider ownership remains quite considerable. So we're not too bothered by recent selling. Of course, the future is what matters most. So if you are interested in Amkor Technology, you should check out this free report on analyst forecasts for the company.
But note: Amkor Technology may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.