Artemis Wealth Advisors LLC Buys Shares of 35,000 Amkor Technology, Inc. $AMKR

Artemis Wealth Advisors LLC bought a new stake in Amkor Technology, Inc. (NASDAQ:AMKR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 35,000 shares of the semiconductor company’s stock, valued at approximately $1,382,000. Amkor Technology makes up 0.2% of Artemis Wealth Advisors LLC’s portfolio, making the stock its 23rd largest holding.

Several other institutional investors have also recently bought and sold shares of the company. Barclays PLC lifted its stake in Amkor Technology by 6.3% in the 4th quarter. Barclays PLC now owns 202,211 shares of the semiconductor company’s stock valued at $7,983,000 after acquiring an additional 11,994 shares in the last quarter. Atlas Capital Advisors Inc. bought a new stake in shares of Amkor Technology during the 4th quarter worth approximately $966,000. Kestra Advisory Services LLC bought a new stake in shares of Amkor Technology during the 4th quarter worth approximately $123,000. Segall Bryant & Hamill LLC raised its stake in shares of Amkor Technology by 57.8% during the 4th quarter. Segall Bryant & Hamill LLC now owns 897,637 shares of the semiconductor company’s stock worth $35,439,000 after purchasing an additional 328,755 shares in the last quarter. Finally, Bridgewater Associates LP bought a new stake in shares of Amkor Technology during the 4th quarter worth approximately $3,006,000. Institutional investors own 42.76% of the company’s stock.

Key Stories Impacting Amkor Technology

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.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on AMKR shares. B. Riley Financial upped their price objective on Amkor Technology from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Amkor Technology in a research note on Monday, April 20th. Wall Street Zen cut Amkor Technology from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 21st. Melius Research upgraded 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. Finally, Needham & Company LLC upped their price objective on Amkor Technology from $65.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Four equities research analysts have rated the stock with a Buy rating and seven have issued 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 price target of $67.38.

Insider Buying and Selling at Amkor Technology

In related news, Director Roger Anthony Carolin sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $76.24, for a total transaction of $1,524,800.00. Following the transaction, the director directly owned 94,409 shares of the company’s stock, valued at approximately $7,197,742.16. The trade was a 17.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Winston J. Churchill sold 7,000 shares of the business’s stock in a transaction that occurred on 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. The trade was a 27.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 114,000 shares of company stock worth $8,329,250 in the last three months. 26.40% of the stock is owned by insiders.

Amkor Technology Stock Up 8.7%

AMKR stock opened at $82.78 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 $20.52 billion, a PE ratio of 47.30 and a beta of 2.25. Amkor Technology, Inc. has a 1-year low of $19.79 and a 1-year high of $83.30. The business’s 50 day simple moving average is $67.96 and its 200 day simple moving average is $53.41.

Amkor Technology (NASDAQ:AMKR) last posted its earnings results on Monday, April 27th. The semiconductor company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.10. The business had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.63 billion. Amkor Technology had a return on equity of 9.88% and a net margin of 6.17%.The firm’s revenue was up 27.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.09 EPS. As a group, research analysts anticipate that Amkor Technology, Inc. will post 2.08 EPS for the current year.

Amkor Technology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Wednesday, June 3rd will be issued a dividend of $0.0835 per share. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.4%. Amkor Technology’s payout ratio is presently 18.86%.

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.