UG Investment Advisers Ltd. Sells 932,216 Shares of Amkor Technology, Inc. $AMKR

UG Investment Advisers Ltd. lessened its position in shares of Amkor Technology, Inc. (NASDAQ:AMKRFree Report) by 84.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 177,265 shares of the semiconductor company’s stock after selling 932,216 shares during the quarter. Amkor Technology accounts for about 0.8% of UG Investment Advisers Ltd.’s holdings, making the stock its 8th biggest position. UG Investment Advisers Ltd.’s holdings in Amkor Technology were worth $5,034,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of AMKR. Salomon & Ludwin LLC purchased a new position in shares of Amkor Technology during the third quarter worth approximately $25,000. Hantz Financial Services Inc. grew its position in Amkor Technology by 1,050.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 1,250 shares during the last quarter. Advisors Asset Management Inc. increased its stake in Amkor Technology by 61.8% in the first quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 854 shares during the period. Quaker Wealth Management LLC increased its stake in Amkor Technology by 301.1% in the second quarter. Quaker Wealth Management LLC now owns 2,514 shares of the semiconductor company’s stock valued at $53,000 after purchasing an additional 3,764 shares during the period. Finally, Allworth Financial LP raised its holdings in shares of Amkor Technology by 21.5% in the second quarter. Allworth Financial LP now owns 2,640 shares of the semiconductor company’s stock valued at $55,000 after buying an additional 467 shares during the last quarter. 42.76% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently issued reports on AMKR shares. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday. B. Riley boosted their target price on Amkor Technology from $29.00 to $48.00 and gave the company a “neutral” rating in a report on Thursday, January 15th. Wall Street Zen downgraded Amkor Technology from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. UBS Group lowered shares of Amkor Technology from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $38.00 to $55.00 in a research report on Monday, January 12th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Amkor Technology from $27.00 to $32.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. Three research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, Amkor Technology currently has an average rating of “Hold” and an average price target of $39.14.

Get Our Latest Stock Analysis on Amkor Technology

Amkor Technology Trading Down 5.2%

Shares of Amkor Technology stock opened at $49.71 on Friday. The company has a 50-day moving average of $42.62 and a two-hundred day moving average of $32.43. Amkor Technology, Inc. has a 12-month low of $14.03 and a 12-month high of $55.17. 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 stock has a market cap of $12.29 billion, a PE ratio of 39.77 and a beta of 1.99.

Amkor Technology (NASDAQ:AMKRGet Free Report) last announced its quarterly earnings results on Monday, October 27th. The semiconductor company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.42 by $0.09. The business had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.93 billion. Amkor Technology had a return on equity of 7.26% and a net margin of 4.77%.The company’s quarterly revenue was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.49 EPS. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. On average, research analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.

Amkor Technology Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Wednesday, December 3rd were paid a dividend of $0.0835 per share. This is a boost from Amkor Technology’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. Amkor Technology’s dividend payout ratio is presently 26.40%.

Insider Activity

In other news, EVP Mark N. Rogers sold 20,000 shares of the business’s stock in a transaction on 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 transaction, the executive vice president directly owned 23,862 shares of the company’s stock, valued at $756,186.78. The trade was a 45.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Kevin Engel sold 11,000 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $46.21, for a total value of $508,310.00. Following the completion of the sale, the executive vice president owned 349 shares in the company, valued at $16,127.29. This represents a 96.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 96,000 shares of company stock worth $4,085,910 in the last three months. Company insiders own 26.90% of the company’s stock.

About Amkor Technology

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding AMKR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amkor Technology, Inc. (NASDAQ:AMKRFree Report).

Institutional Ownership by Quarter for Amkor Technology (NASDAQ:AMKR)

Receive News & Ratings for Amkor Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amkor Technology and related companies with MarketBeat.com's FREE daily email newsletter.