Amkor Technology (NASDAQ:AMKR) CEO Kevin Engel Sells 3,221 Shares of Stock

Amkor Technology, Inc. (NASDAQ:AMKR) CEO Kevin Engel sold 3,221 shares of the business’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $47.00, for a total transaction of $151,387.00. Following the completion of the sale, the chief executive officer directly owned 9,666 shares in the company, valued at approximately $454,302. This represents a 24.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Amkor Technology Stock Up 3.3%

Shares of NASDAQ:AMKR opened at $49.87 on Friday. The firm has a market cap of $12.39 billion, a P/E ratio of 22.36 and a beta of 2.20. Amkor Technology, Inc. has a 12-month low of $21.57 and a 12-month high of $96.68. The business has a fifty day simple moving average of $71.67 and a 200 day simple moving average of $60.61. The company has a quick ratio of 1.74, a current ratio of 2.17 and a debt-to-equity ratio of 0.50.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings results on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.23. The firm had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.81 billion. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The business’s revenue was up 25.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.22 EPS. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Analysts predict that Amkor Technology, Inc. will post 2.62 earnings per share for the current year.

Amkor Technology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Wednesday, June 3rd were issued a $0.0835 dividend. The ex-dividend date was Wednesday, June 3rd. This represents a $0.33 annualized dividend and a yield of 0.7%. Amkor Technology’s dividend payout ratio is presently 14.80%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on AMKR shares. Needham & Company LLC reissued a “buy” rating and set a $90.00 target price on shares of Amkor Technology in a research report on Tuesday. UBS Group upgraded shares of Amkor Technology from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $80.00 to $90.00 in a research report on Friday, July 24th. Morgan Stanley upped their price objective on shares of Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating in a research note on Tuesday. B. Riley Financial decreased their price objective on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a research report on Tuesday. Finally, Zacks Research raised shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Amkor Technology presently has an average rating of “Moderate Buy” and a consensus price target of $68.12.

Institutional Investors Weigh In On Amkor Technology

Several large investors have recently added to or reduced their stakes in AMKR. Fisher Asset Management LLC grew its position in shares of Amkor Technology by 204.5% during the 4th quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock worth $82,712,000 after buying an additional 1,407,109 shares during the period. UBS Group AG increased its stake in shares of Amkor Technology by 205.5% in the 4th quarter. UBS Group AG now owns 1,254,658 shares of the semiconductor company’s stock valued at $49,534,000 after acquiring an additional 843,983 shares in the last quarter. Black Swift Group LLC acquired a new position in shares of Amkor Technology during the 4th quarter valued at $797,000. Jefferies Financial Group Inc. acquired a new position in shares of Amkor Technology during the 4th quarter valued at $841,000. Finally, GF Fund Management CO. LTD. bought a new position in Amkor Technology during the fourth quarter worth $4,868,000. Institutional investors and hedge funds own 42.76% of the company’s stock.

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.