Amkor Technology (NASDAQ:AMKR – Free Report) had its price objective lowered by B. Riley Financial from $75.00 to $65.00 in a report released on Tuesday,Benzinga reports. The firm currently has a neutral rating on the semiconductor company’s stock.
A number of other equities research analysts have also recently weighed in on AMKR. The Goldman Sachs Group upped their price objective on shares of Amkor Technology from $43.00 to $65.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Needham & Company LLC reiterated a “buy” rating and set a $90.00 target price on shares of Amkor Technology in a report on Tuesday. Zacks Research raised Amkor Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a research note on Friday, July 17th. Finally, Morgan Stanley raised their price objective on Amkor Technology from $45.00 to $69.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. One research 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 stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $68.12.
View Our Latest Stock Report on AMKR
Amkor Technology Stock Performance
Amkor Technology (NASDAQ:AMKR – Get Free Report) last released its earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.23. The firm had revenue of $1.90 billion for 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 company’s revenue was up 25.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.22 EPS. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, equities analysts forecast that Amkor Technology will post 2.4 earnings per share for the current fiscal year.
Amkor Technology Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Wednesday, June 3rd were given a $0.0835 dividend. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%. Amkor Technology’s payout ratio is 14.80%.
Insider Buying and Selling at Amkor Technology
In other Amkor Technology news, Director Roger Anthony Carolin sold 20,000 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $76.24, for a total transaction of $1,524,800.00. Following the transaction, the director owned 94,409 shares in the company, valued at approximately $7,197,742.16. This represents a 17.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Winston J. Churchill sold 7,000 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $76.45, for a total transaction of $535,150.00. Following the sale, the director directly owned 18,888 shares in the company, valued at approximately $1,443,987.60. The trade was a 27.04% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 114,000 shares of company stock worth $8,631,450. 26.40% of the stock is owned by company insiders.
Institutional Investors Weigh In On Amkor Technology
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bessemer Group Inc. lifted its holdings in shares of Amkor Technology by 12.5% during the 1st quarter. Bessemer Group Inc. now owns 1,216 shares of the semiconductor company’s stock valued at $55,000 after buying an additional 135 shares during the period. Arista Wealth Management LLC grew its holdings in shares of Amkor Technology by 1.2% in the second quarter. Arista Wealth Management LLC now owns 13,642 shares of the semiconductor company’s stock worth $1,176,000 after acquiring an additional 157 shares during the period. CoreCap Advisors LLC grew its holdings in shares of Amkor Technology by 56.4% in the second quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 158 shares during the period. O Shaughnessy Asset Management LLC increased its position in Amkor Technology by 2.1% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 9,799 shares of the semiconductor company’s stock valued at $387,000 after acquiring an additional 202 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its holdings in Amkor Technology by 0.6% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 36,221 shares of the semiconductor company’s stock valued at $1,430,000 after acquiring an additional 218 shares during the period. Hedge funds and other institutional investors own 42.76% of the company’s stock.
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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