Amkor Technology, Inc. (NASDAQ:AMKR – Get Free Report) Director Guillaume Marie Jean Rutten sold 25,000 shares of the stock in a transaction on 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 completion of the sale, the director directly owned 486,732 shares of the company’s stock, valued at $26,940,616.20. The trade was a 4.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Amkor Technology Stock Up 2.0%
Shares of NASDAQ:AMKR traded up $1.11 during midday trading on Friday, hitting $55.27. 2,899,078 shares of the company’s stock traded hands, compared to its average volume of 5,087,670. The firm’s fifty day moving average price is $70.33 and its two-hundred day moving average price is $60.79. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17. Amkor Technology, Inc. has a twelve month low of $22.68 and a twelve month high of $96.68. The company has a market cap of $13.73 billion, a PE ratio of 24.78 and a beta of 2.24.
Amkor Technology (NASDAQ:AMKR – Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the firm earned $0.22 EPS. The firm’s quarterly 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. On average, equities research analysts anticipate that Amkor Technology, Inc. will post 2.62 EPS for the current fiscal year.
Amkor Technology Announces Dividend
Institutional Trading of Amkor Technology
A number of hedge funds and other institutional investors have recently made changes to their positions in AMKR. Royal Bank of Canada increased its position in shares of Amkor Technology by 100.6% in the 1st quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock worth $349,000 after purchasing an additional 3,454,012 shares during the last quarter. Advisors Asset Management Inc. grew its stake in Amkor Technology by 61.8% in the first quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 854 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Amkor Technology by 913.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,509 shares of the semiconductor company’s stock worth $136,000 after purchasing an additional 6,768 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Amkor Technology by 73.4% in the first quarter. Goldman Sachs Group Inc. now owns 524,713 shares of the semiconductor company’s stock valued at $9,476,000 after buying an additional 222,107 shares during the last quarter. Finally, Caxton Associates LLP bought a new stake in Amkor Technology in the first quarter valued at about $271,000. Institutional investors own 42.76% of the company’s stock.
Wall Street Analyst Weigh In
AMKR has been the topic of a number of recent research reports. Zacks Research raised shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. B. Riley Financial lowered their price target on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a report on Tuesday, July 28th. Morgan Stanley boosted their price objective on shares of Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 28th. Needham & Company LLC restated a “buy” rating and set a $90.00 target price on shares of Amkor Technology in a research note on Tuesday, July 28th. Finally, Weiss Ratings raised Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. One equities 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 presently has a consensus rating of “Moderate Buy” and a consensus target price of $68.12.
Read 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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