Amkor Technology, Inc. (NASDAQ:AMKR – Get Free Report) Director Guillaume Marie Jean Rutten sold 25,000 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $55.35, for a total transaction of $1,383,750.00. Following the sale, the director directly owned 486,732 shares of the company’s stock, valued at $26,940,616.20. This represents a 4.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Amkor Technology Stock Up 2.0%
AMKR opened at $55.27 on Friday. The company has a market cap of $13.73 billion, a PE ratio of 24.78 and a beta of 2.24. Amkor Technology, Inc. has a twelve month low of $22.68 and a twelve month high of $96.68. The company has a 50-day moving average price of $70.04 and a 200 day moving average price of $60.75. 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 – Get Free Report) last posted its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.23. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The company had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the previous year, the firm posted $0.22 EPS. Amkor Technology’s revenue was up 25.6% compared to the same quarter last year. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Sell-side analysts expect that Amkor Technology, Inc. will post 2.62 earnings per share for the current fiscal year.
Amkor Technology Announces Dividend
Institutional Investors Weigh In On Amkor Technology
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Fisher Asset Management LLC grew its stake in shares of Amkor Technology by 204.5% in the 4th quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock valued at $82,712,000 after buying an additional 1,407,109 shares during the period. UBS Group AG increased its holdings in shares of Amkor Technology by 205.5% during the 4th quarter. UBS Group AG now owns 1,254,658 shares of the semiconductor company’s stock worth $49,534,000 after buying an additional 843,983 shares during the last quarter. Black Swift Group LLC purchased a new stake in shares of Amkor Technology during the 4th quarter valued at approximately $797,000. Jefferies Financial Group Inc. purchased a new stake in shares of Amkor Technology during the 4th quarter valued at approximately $841,000. Finally, GF Fund Management CO. LTD. purchased a new stake in shares of Amkor Technology during the 4th quarter valued at approximately $4,868,000. Institutional investors and hedge funds own 42.76% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently commented on AMKR shares. Zacks Research raised Amkor Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Morgan Stanley lifted their target price on shares of Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 28th. Weiss Ratings raised shares of Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. UBS Group upgraded shares of Amkor Technology from a “neutral” rating to a “buy” rating and increased their target price for the company from $80.00 to $90.00 in a research report on Friday, July 24th. Finally, B. Riley Financial reduced their target price 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, July 28th. One research 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, the company presently has an average rating of “Moderate Buy” and a consensus target price of $68.12.
View Our Latest Research Report on AMKR
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.
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