Man Group plc Acquires Shares of 304,152 Amkor Technology, Inc. $AMKR

Man Group plc bought a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 304,152 shares of the semiconductor company’s stock, valued at approximately $26,227,000. Man Group plc owned about 0.12% of Amkor Technology as of its most recent SEC filing.

A number of other large investors have also modified their holdings of AMKR. BlackRock Inc. purchased a new position in shares of Amkor Technology in the second quarter worth about $1,060,005,000. AQR Capital Management LLC grew its stake in Amkor Technology by 18.4% during 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 raised its holdings 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 during the last quarter. First Trust Advisors LP raised its holdings in Amkor Technology by 37.4% in the 4th quarter. First Trust Advisors LP now owns 2,722,310 shares of the semiconductor company’s stock valued at $107,477,000 after acquiring an additional 740,701 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in Amkor Technology by 19.3% in the 1st 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 in the last quarter. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Insider Activity at Amkor Technology

In other Amkor Technology news, Director Douglas A. Alexander sold 5,000 shares of Amkor Technology stock in a transaction on Friday, August 7th. The stock was sold at an average price of $55.81, for a total value of $279,050.00. Following the sale, the director owned 29,109 shares in the company, valued at $1,624,573.29. The trade was a 14.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 company’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $54.45, for a total value of $54,450.00. Following the completion of the transaction, the chief financial officer directly owned 135,105 shares in the company, valued at approximately $7,356,467.25. This trade represents a 0.73% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 50,221 shares of company stock valued at $3,059,887 over the last 90 days. Corporate insiders own 26.40% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Zacks Research upgraded Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Needham & Company LLC reaffirmed a “buy” rating and issued a $90.00 price target on shares of Amkor Technology in a report on Tuesday, July 28th. Morgan Stanley lifted their price objective on Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 28th. UBS Group raised Amkor Technology from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $80.00 to $90.00 in a research note on Friday, July 24th. Finally, Weiss Ratings upgraded Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Amkor Technology currently has an average rating of “Moderate Buy” and a consensus price target of $68.12.

Amkor Technology Stock Performance

NASDAQ:AMKR opened at $48.40 on Thursday. The company’s 50-day moving average is $64.14 and its two-hundred day moving average is $61.23. Amkor Technology, Inc. has a 1-year low of $23.36 and a 1-year high of $96.68. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.17 and a quick ratio of 1.91. The firm has a market capitalization of $12.02 billion, a price-to-earnings ratio of 21.70 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. Analysts forecast that Amkor Technology, Inc. will post 2.62 EPS for the current year.

Amkor Technology Announces Dividend

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 paid a dividend of $0.0835 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $0.33 annualized dividend and a yield of 0.7%. Amkor Technology’s dividend payout ratio (DPR) is 14.80%.

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.