Amkor Technology, Inc. (NASDAQ:AMKR) Receives $68.33 Consensus Target Price from Brokerages

Shares of Amkor Technology, Inc. (NASDAQ:AMKR) have received a consensus rating of “Moderate Buy” from the twelve brokerages that are currently covering the company, MarketBeat.com reports. Five analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $68.3333.

A number of brokerages have recently weighed in on AMKR. UBS Group raised shares of Amkor Technology from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $80.00 to $90.00 in a report on Friday, July 24th. Zacks Research raised Amkor Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. B. Riley Financial dropped their price target on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 28th. Bank of America began coverage on Amkor Technology in a report on Thursday, August 27th. They issued a “buy” rating and a $70.00 price objective on the stock. Finally, Morgan Stanley raised their price objective on Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 28th.

Insider Buying and Selling at Amkor Technology

In other news, EVP Mark Rogers sold 5,000 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $59.78, for a total value of $298,900.00. Following the sale, the executive vice president directly owned 38,904 shares of the company’s stock, valued at $2,325,681.12. This represents a 11.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Megan Faust sold 1,000 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $49.05, for a total transaction of $49,050.00. Following the transaction, the chief financial officer directly owned 134,105 shares of the company’s stock, valued at approximately $6,577,850.25. This trade represents a 0.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 40,221 shares of company stock worth $2,216,587. Corporate insiders own 26.40% of the company’s stock.

Institutional Trading of Amkor Technology

Hedge funds have recently modified their holdings of the stock. Whetstone Capital Advisors LLC purchased a new position in Amkor Technology during the second quarter valued at approximately $397,000. NewEdge Advisors LLC increased its holdings in shares of Amkor Technology by 1,283.9% during the 2nd quarter. NewEdge Advisors LLC now owns 5,937 shares of the semiconductor company’s stock valued at $512,000 after purchasing an additional 5,508 shares in the last quarter. Arizona State Retirement System increased its holdings in shares of Amkor Technology by 0.7% during the 2nd quarter. Arizona State Retirement System now owns 34,189 shares of the semiconductor company’s stock valued at $2,948,000 after purchasing an additional 240 shares in the last quarter. Waverly Advisors LLC lifted its stake in shares of Amkor Technology by 5.5% in the 2nd quarter. Waverly Advisors LLC now owns 7,201 shares of the semiconductor company’s stock valued at $621,000 after purchasing an additional 377 shares during the period. Finally, Nykredit A S acquired a new position in shares of Amkor Technology in the 2nd quarter valued at $351,000. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Amkor Technology Trading Up 3.6%

Amkor Technology stock opened at $47.95 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17. The stock has a market cap of $11.91 billion, a PE ratio of 21.50, a price-to-earnings-growth ratio of 0.57 and a beta of 2.22. The stock has a 50-day moving average of $54.20 and a two-hundred day moving average of $61.11. Amkor Technology has a one year low of $27.55 and a one year high of $96.68.

Amkor Technology (NASDAQ:AMKR) last posted 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 firm had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.81 billion. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The company’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, research analysts anticipate that Amkor Technology will post 2.6 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders 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 dividend on an annualized basis and a yield of 0.7%. Amkor Technology’s dividend payout ratio (DPR) is currently 14.80%.

Amkor Technology Company Profile

Amkor Technology, Inc (NASDAQ: AMKR) is a provider of outsourced semiconductor packaging and testing services. The company supports semiconductor manufacturers and electronics companies by assembling and testing integrated circuits after wafer fabrication, helping prepare chips for use in electronic devices.

Its services include wafer bumping and probing, semiconductor assembly, advanced packaging, final testing, and related product design and logistics support. Amkor offers packaging technologies for applications including communications, consumer electronics, computing, automotive, industrial, and other markets.