Amkor Technology (NASDAQ:AMKR) Hits New 1-Year High – Time to Buy?

Amkor Technology, Inc. (NASDAQ:AMKR) hit a new 52-week high during trading on Thursday . The company traded as high as $53.90 and last traded at $52.1080, with a volume of 1142525 shares. The stock had previously closed at $48.67.

Wall Street Analyst Weigh In

AMKR has been the topic of several recent analyst reports. The Goldman Sachs Group reissued a “neutral” rating on shares of Amkor Technology in a research note on Friday, January 9th. William Blair raised Amkor Technology to a “neutral” rating in a research note on Monday. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday, October 8th. Needham & Company LLC lifted their price objective on Amkor Technology from $37.00 to $50.00 and gave the company a “buy” rating in a research report on Monday, January 5th. Finally, UBS Group downgraded Amkor Technology from a “buy” rating to a “neutral” rating and increased their target price for the stock from $38.00 to $55.00 in a research report on Monday. Three research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $39.14.

Amkor Technology Stock Down 2.4%

The company has a current ratio of 1.77, a quick ratio of 1.60 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $11.87 billion, a price-to-earnings ratio of 38.40 and a beta of 1.99. The firm has a 50 day moving average price of $40.92 and a two-hundred day moving average price of $31.43.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings results on Monday, October 27th. The semiconductor company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.42 by $0.09. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.93 billion. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. Amkor Technology’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.49 earnings per share. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. On average, equities analysts expect that Amkor Technology, Inc. will post 1.47 earnings per share for the current fiscal year.

Amkor Technology Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Wednesday, December 3rd were issued a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Wednesday, December 3rd. This is a positive change from Amkor Technology’s previous quarterly dividend of $0.08. Amkor Technology’s dividend payout ratio (DPR) is presently 26.40%.

Insider Activity

In other news, EVP Mark N. Rogers sold 20,000 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $31.69, for a total value of $633,800.00. Following the completion of the sale, the executive vice president owned 23,862 shares of the company’s stock, valued at $756,186.78. This represents a 45.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $31.68, for a total value of $316,800.00. Following the completion of the sale, the chief executive officer owned 346,699 shares of the company’s stock, valued at approximately $10,983,424.32. This trade represents a 2.80% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 81,000 shares of company stock worth $3,308,110 in the last quarter. Insiders own 26.90% of the company’s stock.

Hedge Funds Weigh In On Amkor Technology

Several hedge funds and other institutional investors have recently bought and sold shares of AMKR. Bessemer Group Inc. grew its position in Amkor Technology by 72.1% in the third quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 391 shares in the last quarter. IFP Advisors Inc boosted its stake in shares of Amkor Technology by 91.2% in the third quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 447 shares during the period. Allworth Financial LP grew its holdings in Amkor Technology by 21.5% during the 2nd quarter. Allworth Financial LP now owns 2,640 shares of the semiconductor company’s stock valued at $55,000 after purchasing an additional 467 shares in the last quarter. Ulland Investment Advisors LLC increased its stake in Amkor Technology by 2.8% during the 3rd quarter. Ulland Investment Advisors LLC now owns 18,260 shares of the semiconductor company’s stock worth $519,000 after buying an additional 500 shares during the period. Finally, Arizona State Retirement System lifted its holdings in Amkor Technology by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 36,553 shares of the semiconductor company’s stock worth $1,038,000 after buying an additional 503 shares in the last quarter. 42.76% of the stock is owned by institutional investors and hedge funds.

About Amkor Technology

Amkor Technology, Inc (NASDAQ:AMKR) is a leading provider of outsourced semiconductor packaging and test (OSAT) services, supporting integrated device manufacturers and semiconductor foundries worldwide. The company offers a broad range of advanced packaging solutions, including wafer bumping, flip chip, system-in-package and ball grid array technologies, designed to meet the performance, power and form-factor demands of applications across consumer electronics, automotive, communications and industrial markets.

In addition to packaging, Amkor delivers comprehensive test services such as wafer probing, final test, system-level test and digital, analog and mixed-signal testing, enabling customers to accelerate time-to-market and reduce total costs.