Amkor Technology, Inc. $AMKR Shares Bought by Virtu Financial LLC

Virtu Financial LLC raised its holdings in Amkor Technology, Inc. (NASDAQ:AMKR) by 341.1% during the 4th quarter, Holdings Channel reports. The firm owned 42,017 shares of the semiconductor company’s stock after purchasing an additional 32,491 shares during the quarter. Virtu Financial LLC’s holdings in Amkor Technology were worth $1,659,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. O Shaughnessy Asset Management LLC raised its position in shares of Amkor Technology by 2.1% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 9,799 shares of the semiconductor company’s stock worth $387,000 after purchasing an additional 202 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Amkor Technology by 0.6% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 36,221 shares of the semiconductor company’s stock worth $1,430,000 after acquiring an additional 218 shares during the last quarter. Root Financial Partners LLC raised its holdings in shares of Amkor Technology by 38.8% in the fourth quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock worth $37,000 after acquiring an additional 262 shares during the last quarter. Signaturefd LLC lifted its position in shares of Amkor Technology by 11.3% in the fourth quarter. Signaturefd LLC now owns 2,644 shares of the semiconductor company’s stock valued at $104,000 after acquiring an additional 269 shares in the last quarter. Finally, Meeder Advisory Services Inc. lifted its position in shares of Amkor Technology by 2.1% in the fourth quarter. Meeder Advisory Services Inc. now owns 14,522 shares of the semiconductor company’s stock valued at $573,000 after acquiring an additional 302 shares in the last quarter. 42.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently commented on AMKR shares. UBS Group reiterated a “neutral” rating and set a $80.00 price objective on shares of Amkor Technology in a research report on Tuesday, May 26th. Wall Street Zen cut shares of Amkor Technology from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 21st. Needham & Company LLC lifted their price target on shares of Amkor Technology from $65.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Melius Research raised shares of Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research report on Monday, April 6th. Finally, Zacks Research downgraded shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. Four research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, Amkor Technology has an average rating of “Hold” and a consensus price target of $67.38.

Insider Buying and Selling at Amkor Technology

In other Amkor Technology news, Director Winston J. Churchill sold 5,000 shares of Amkor Technology stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $78.20, for a total transaction of $391,000.00. Following the transaction, the director directly owned 28,781 shares of the company’s stock, valued at $2,250,674.20. The trade was a 14.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Guillaume Marie Jean Rutten sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $74.28, for a total transaction of $3,714,000.00. Following the sale, the director owned 502,558 shares of the company’s stock, valued at approximately $37,330,008.24. This represents a 9.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 119,000 shares of company stock worth $8,928,600. Company insiders own 26.40% of the company’s stock.

Amkor Technology Stock Performance

Shares of AMKR opened at $90.46 on Friday. The company has a current ratio of 2.01, a quick ratio of 1.74 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $22.42 billion, a P/E ratio of 51.69 and a beta of 2.25. The stock’s fifty day simple moving average is $71.94 and its 200 day simple moving average is $55.27. Amkor Technology, Inc. has a twelve month low of $19.79 and a twelve month high of $96.68.

Amkor Technology (NASDAQ:AMKR) last issued its earnings results on Monday, April 27th. The semiconductor company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.10. Amkor Technology had a return on equity of 9.88% and a net margin of 6.17%.The firm had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter last year, the firm earned $0.09 earnings per share. The firm’s revenue for the quarter was up 27.5% compared to the same quarter last year. On average, equities research analysts forecast that Amkor Technology, Inc. will post 2.08 earnings per share for the current year.

Amkor Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Wednesday, June 3rd will be paid a $0.0835 dividend. This represents a $0.33 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Wednesday, June 3rd. Amkor Technology’s payout ratio is currently 18.86%.

Amkor Technology Profile

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.