Amkor Technology (NASDAQ:AMKR) CFO Sells 1,000 Shares of Stock

Amkor Technology, Inc. (NASDAQ:AMKR) CFO Megan Faust sold 1,000 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $54.45, for a total transaction of $54,450.00. Following the transaction, the chief financial officer directly owned 135,105 shares in the company, valued at approximately $7,356,467.25. The trade was a 0.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Megan Faust also recently made the following trade(s):

• On Tuesday, June 9th, Megan Faust sold 1,000 shares of Amkor Technology stock. The stock was sold at an average price of $70.30, for a total transaction of $70,300.00.
• On Tuesday, May 19th, Megan Faust sold 1,000 shares of Amkor Technology stock. The stock was sold at an average price of $64.60, for a total transaction of $64,600.00.

Amkor Technology Trading Up 3.9%

NASDAQ:AMKR traded up $2.16 on Thursday, hitting $57.75. The stock had a trading volume of 3,089,219 shares, compared to its average volume of 5,040,161. The company has a fifty day moving average price of $68.84 and a two-hundred day moving average price of $60.90. Amkor Technology, Inc. has a 1-year low of $22.74 and a 1-year high of $96.68. The company has a quick ratio of 1.91, a current ratio of 2.17 and a debt-to-equity ratio of 0.50. The stock has a market cap of $14.35 billion, a price-to-earnings ratio of 25.90 and a beta of 2.24.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.23. The business had revenue of $1.90 billion during 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 business’s revenue was up 25.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.22 EPS. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Equities research analysts expect that Amkor Technology, Inc. will post 2.62 earnings per share for the current fiscal year.

Amkor Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Wednesday, September 2nd will be given a $0.0835 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $0.33 dividend on an annualized basis and a yield of 0.6%. Amkor Technology’s payout ratio is currently 14.80%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on AMKR shares. UBS Group upgraded Amkor Technology from a “neutral” rating to a “buy” rating and increased their price target for the stock from $80.00 to $90.00 in a report on Friday, July 24th. B. Riley Financial reduced their price objective on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a report on Tuesday, July 28th. The Goldman Sachs Group upped their target price on shares of Amkor Technology from $43.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday, April 28th. Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 target price on shares of Amkor Technology in a research note on Tuesday, July 28th. Finally, Morgan Stanley lifted their price target on shares of Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating 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. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $68.12.

Institutional Investors Weigh In On Amkor Technology

Institutional investors have recently modified their holdings of the company. BlackRock Inc. acquired a new position in Amkor Technology during the 2nd quarter worth about $1,060,005,000. AQR Capital Management LLC grew its position in Amkor Technology by 18.4% in the 3rd quarter. AQR Capital Management LLC now owns 4,211,529 shares of the semiconductor company’s stock valued at $119,607,000 after acquiring an additional 653,489 shares in the last quarter. State Street Corp grew its position in Amkor Technology by 1.4% in the 4th quarter. State Street Corp now owns 3,473,925 shares of the semiconductor company’s stock valued at $137,151,000 after acquiring an additional 47,514 shares in the last quarter. First Trust Advisors LP increased its stake in Amkor Technology by 37.4% during the fourth quarter. First Trust Advisors LP now owns 2,722,310 shares of the semiconductor company’s stock worth $107,477,000 after purchasing an additional 740,701 shares during the period. Finally, Principal Financial Group Inc. increased its stake in Amkor Technology by 19.3% during the first quarter. Principal Financial Group Inc. now owns 2,622,744 shares of the semiconductor company’s stock worth $118,107,000 after purchasing an additional 423,629 shares during the period. 42.76% of the stock is owned by institutional investors and hedge funds.

About Amkor Technology

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.