Royal Bank of Canada Sells 41,309 Shares of Amkor Technology, Inc. $AMKR

Royal Bank of Canada trimmed its position in Amkor Technology, Inc. (NASDAQ:AMKR) by 43.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,122 shares of the semiconductor company’s stock after selling 41,309 shares during the period. Royal Bank of Canada’s holdings in Amkor Technology were worth $2,438,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Bessemer Group Inc. boosted its holdings in shares of Amkor Technology by 12.5% during the 1st quarter. Bessemer Group Inc. now owns 1,216 shares of the semiconductor company’s stock valued at $55,000 after buying an additional 135 shares in the last quarter. O Shaughnessy Asset Management LLC increased its stake in shares of Amkor Technology by 2.1% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 9,799 shares of the semiconductor company’s stock worth $387,000 after acquiring an additional 202 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its position in Amkor Technology by 0.6% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 36,221 shares of the semiconductor company’s stock valued at $1,430,000 after acquiring an additional 218 shares during the period. Evolve Private Wealth LLC lifted its position in Amkor Technology by 3.0% during the 1st quarter. Evolve Private Wealth LLC now owns 7,615 shares of the semiconductor company’s stock valued at $343,000 after acquiring an additional 222 shares during the period. Finally, Strs Ohio lifted its position in Amkor Technology by 8.6% during the 1st quarter. Strs Ohio now owns 2,971 shares of the semiconductor company’s stock valued at $134,000 after acquiring an additional 235 shares during the period. Institutional investors own 42.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Morgan Stanley upped their price objective on shares of Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 28th. Zacks Research upgraded shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Weiss Ratings raised Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. The Goldman Sachs Group upped their price target on Amkor Technology from $43.00 to $65.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. Finally, B. Riley Financial reduced their price objective on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a research report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $68.12.

Insider Activity at Amkor Technology

In other Amkor Technology news, CEO Kevin K. Engel sold 3,221 shares of the company’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $47.00, for a total transaction of $151,387.00. Following the transaction, the chief executive officer owned 9,666 shares in the company, valued at approximately $454,302. This represents a 24.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Douglas A. Alexander sold 5,000 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $55.81, for a total transaction of $279,050.00. Following the sale, the director directly owned 29,109 shares in the company, valued at approximately $1,624,573.29. The trade was a 14.66% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 46,221 shares of company stock valued at $2,825,587 over the last three months. 26.40% of the stock is owned by insiders.

Amkor Technology Price Performance

Shares of NASDAQ AMKR opened at $58.99 on Monday. Amkor Technology, Inc. has a twelve month low of $22.74 and a twelve month high of $96.68. The firm has a market cap of $14.66 billion, a P/E ratio of 26.45 and a beta of 2.25. The company has a 50 day moving average of $68.40 and a 200 day moving average of $61.01. The company has a quick ratio of 1.91, a current ratio of 2.17 and a debt-to-equity ratio of 0.50.

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

Amkor Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Wednesday, September 2nd will be given a dividend of $0.0835 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $0.33 annualized dividend and a dividend yield of 0.6%. Amkor Technology’s dividend payout ratio (DPR) is 14.80%.

Amkor Technology Company 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.