Amkor Technology, Inc. (NASDAQ:AMKR – Get Free Report) Director Douglas Alexander sold 5,000 shares of the business’s 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 transaction, the director owned 29,109 shares in the company, valued at approximately $1,624,573.29. This trade represents a 14.66% 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 the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amkor Technology Stock Up 2.7%
NASDAQ AMKR traded up $1.43 during trading on Tuesday, hitting $54.30. The company’s stock had a trading volume of 2,645,514 shares, compared to its average volume of 5,058,212. Amkor Technology, Inc. has a fifty-two week low of $22.74 and a fifty-two week high of $96.68. The company has a market cap of $13.49 billion, a PE ratio of 24.35 and a beta of 2.25. 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 business’s 50 day simple moving average is $69.64 and its 200-day simple moving average is $60.87.
Amkor Technology (NASDAQ:AMKR – Get Free Report) last released its earnings results on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.23. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The company had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same period last year, the business earned $0.22 EPS. Amkor Technology’s revenue for the quarter was up 25.6% on a year-over-year basis. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, equities analysts anticipate that Amkor Technology, Inc. will post 2.62 EPS for the current fiscal year.
Amkor Technology Announces Dividend
Institutional Investors Weigh In On Amkor Technology
Several hedge funds have recently bought and sold shares of AMKR. BlackRock Inc. acquired a new stake in shares of Amkor Technology during the 2nd quarter worth approximately $1,060,005,000. AQR Capital Management LLC boosted its holdings in Amkor Technology by 18.4% during the third quarter. AQR Capital Management LLC now owns 4,211,529 shares of the semiconductor company’s stock worth $119,607,000 after buying an additional 653,489 shares in the last quarter. State Street Corp increased its holdings in Amkor Technology by 1.4% in the fourth quarter. State Street Corp now owns 3,473,925 shares of the semiconductor company’s stock valued at $137,151,000 after buying an additional 47,514 shares in the last quarter. First Trust Advisors LP raised its position in shares of Amkor Technology by 37.4% in the fourth quarter. First Trust Advisors LP now owns 2,722,310 shares of the semiconductor company’s stock worth $107,477,000 after acquiring an additional 740,701 shares during the period. Finally, Principal Financial Group Inc. boosted its stake in shares of Amkor Technology by 19.3% during the 1st quarter. Principal Financial Group Inc. now owns 2,622,744 shares of the semiconductor company’s stock worth $118,107,000 after acquiring an additional 423,629 shares in the last quarter. Hedge funds and other institutional investors own 42.76% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on AMKR shares. Weiss Ratings upgraded Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Morgan Stanley raised their price target on shares of Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 28th. Zacks Research upgraded shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. The Goldman Sachs Group upped their price objective on shares of Amkor Technology from $43.00 to $65.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Finally, UBS Group upgraded shares of Amkor Technology from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $80.00 to $90.00 in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $68.12.
Get Our Latest Analysis on Amkor Technology
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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