Oasis Management Co Ltd. Takes $1.22 Million Position in Amkor Technology, Inc. $AMKR

Oasis Management Co Ltd. purchased a new stake in Amkor Technology, Inc. (NASDAQ:AMKRFree Report) in the fourth quarter, HoldingsChannel reports. The firm purchased 30,800 shares of the semiconductor company’s stock, valued at approximately $1,216,000.

Other large investors have also made changes to their positions in the company. Fisher Asset Management LLC boosted its stake in shares of Amkor Technology by 204.5% during the fourth quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock valued at $82,712,000 after acquiring an additional 1,407,109 shares during the last quarter. UBS Group AG boosted its stake in shares of Amkor Technology by 205.5% during the fourth 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 during the last quarter. Black Swift Group LLC acquired a new stake in shares of Amkor Technology during the fourth quarter valued at $797,000. GF Fund Management CO. LTD. acquired a new stake in shares of Amkor Technology during the fourth quarter valued at $4,868,000. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of Amkor Technology during the fourth quarter valued at $841,000. Institutional investors and hedge funds own 42.76% of the company’s stock.

More Amkor Technology News

Here are the key news stories impacting Amkor Technology this week:

  • Positive Sentiment: Investor optimism is rising around Amkor’s advanced packaging strategy, with recent coverage highlighting renewed focus on its long-term growth targets, AI-related packaging demand, and the company’s role in the semiconductor supply chain. Amkor Technology rallies as investors refocus on advanced packaging growth targets
  • Positive Sentiment: Analysts and market commentary suggest Amkor could still have upside after its big run, driven by ongoing AI/compute packaging demand and the company’s improving execution on advanced solutions. Amkor Technology (AMKR) Stock After 277% One-Year Surge Is There Still Upside
  • Positive Sentiment: Amkor’s HDFO platform is being watched as a potential growth driver for compute packaging, which could benefit the stock if adoption continues and AI demand stays strong. Can HDFO Adoption Strengthen Amkor’s Compute Growth Opportunity?
  • Neutral Sentiment: Unusually large call-option activity suggests traders are positioning for more upside, but this is more a sentiment indicator than a fundamental catalyst.
  • Negative Sentiment: Recent insider selling by CFO Megan Faust is a modest caution signal, though the sale was small and part of a pre-arranged 10b5-1 trading plan.

Analysts Set New Price Targets

AMKR has been the topic of a number of analyst reports. Melius Research raised Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a research note on Monday, April 6th. The Goldman Sachs Group increased their price objective on Amkor Technology from $43.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Wall Street Zen lowered Amkor Technology from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 21st. Zacks Research lowered Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. Finally, B. Riley Financial increased their price objective on Amkor Technology from $65.00 to $70.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Four equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $67.38.

Read Our Latest Stock Analysis on Amkor Technology

Amkor Technology Stock Up 8.7%

Shares of NASDAQ:AMKR opened at $82.78 on Friday. The stock’s 50-day moving average price is $67.96 and its two-hundred day moving average price is $53.41. The company has a current ratio of 2.01, a quick ratio of 1.74 and a debt-to-equity ratio of 0.28. Amkor Technology, Inc. has a 12-month low of $19.79 and a 12-month high of $83.30. The firm has a market cap of $20.52 billion, a price-to-earnings ratio of 47.30 and a beta of 2.25.

Amkor Technology (NASDAQ:AMKRGet Free Report) last issued its quarterly earnings results on Monday, April 27th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $1.63 billion. During the same period last year, the company earned $0.09 EPS. The firm’s quarterly revenue was up 27.5% on a year-over-year basis. On average, research analysts forecast that Amkor Technology, Inc. will post 2.08 EPS 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 issued a $0.0835 dividend. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Wednesday, June 3rd. Amkor Technology’s dividend payout ratio (DPR) is 18.86%.

Insider Buying and Selling

In other news, Director Winston J. Churchill sold 7,000 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $76.45, for a total value of $535,150.00. Following the transaction, the director directly owned 18,888 shares in the company, valued at $1,443,987.60. This trade represents a 27.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Mark N. Rogers sold 5,000 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $71.63, for a total value of $358,150.00. Following the completion of the transaction, the executive vice president owned 38,904 shares in the company, valued at approximately $2,786,693.52. This trade represents a 11.39% decrease in their ownership of the stock. 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. Over the last quarter, insiders sold 114,000 shares of company stock worth $8,329,250. Corporate insiders own 26.40% 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.

See Also

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)

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