Brokerages Set Amkor Technology, Inc. (NASDAQ:AMKR) Price Target at $51.13

Amkor Technology, Inc. (NASDAQ:AMKR) has been given a consensus rating of “Hold” by the eleven brokerages that are presently covering the firm, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $51.1250.

A number of analysts have recently issued reports on the stock. The Goldman Sachs Group increased their price objective on shares of Amkor Technology from $38.00 to $43.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 10th. B. Riley Financial reissued a “neutral” rating on shares of Amkor Technology in a research note on Monday. UBS Group set a $43.00 price objective on shares of Amkor Technology in a research note on Tuesday, February 10th. Zacks Research cut shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, January 21st.

Insider Transactions at Amkor Technology

In related news, CEO Kevin K. Engel sold 12,500 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $48.75, for a total transaction of $609,375.00. Following the completion of the transaction, the chief executive officer owned 2,953 shares in the company, valued at approximately $143,958.75. This represents a 80.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Guillaume Marie Jean Rutten sold 20,000 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $48.80, for a total transaction of $976,000.00. Following the transaction, the director owned 543,866 shares of the company’s stock, valued at approximately $26,540,660.80. This represents a 3.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 42,500 shares of company stock valued at $2,105,225 over the last three months. Corporate insiders own 26.40% of the company’s stock.

Hedge Funds Weigh In On Amkor Technology

A number of hedge funds and other institutional investors have recently modified their holdings of AMKR. Salomon & Ludwin LLC bought a new position in shares of Amkor Technology during the third quarter worth $25,000. Bessemer Group Inc. boosted its position in shares of Amkor Technology by 72.1% during the third quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 391 shares during the last quarter. IFP Advisors Inc boosted its position in shares of Amkor Technology by 91.2% during the third quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 447 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Amkor Technology by 180.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 440 shares during the last quarter. Finally, Root Financial Partners LLC boosted its position in shares of Amkor Technology by 38.8% during the fourth quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock worth $37,000 after acquiring an additional 262 shares during the last quarter. Institutional investors own 42.76% of the company’s stock.

Amkor Technology Stock Up 3.1%

Shares of AMKR stock opened at $69.44 on Tuesday. Amkor Technology has a 12 month low of $15.24 and a 12 month high of $69.69. The stock has a market cap of $17.21 billion, a P/E ratio of 45.99 and a beta of 1.94. The company has a current ratio of 2.27, a quick ratio of 2.01 and a debt-to-equity ratio of 0.28. The company has a 50 day simple moving average of $49.28 and a two-hundred day simple moving average of $43.19.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.26. The firm had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Amkor Technology had a net margin of 5.57% and a return on equity of 8.66%. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.43 earnings per share. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. On average, research analysts expect that Amkor Technology will post 1.62 earnings per share for the current year.

Amkor Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 12th were paid a $0.0835 dividend. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.5%. Amkor Technology’s dividend payout ratio is 21.85%.

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.