Amkor Technology (NASDAQ:AMKR) Stock Rating Lowered by Wall Street Zen

Amkor Technology (NASDAQ:AMKR) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

Several other research analysts also recently issued reports on AMKR. The Goldman Sachs Group reiterated a “neutral” rating on shares of Amkor Technology in a report on Friday. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a research report on Wednesday, October 8th. JPMorgan Chase & Co. increased their target price on Amkor Technology from $27.00 to $32.00 and gave the company an “overweight” rating in a research report on Tuesday, October 28th. DA Davidson lifted their price target on Amkor Technology from $30.00 to $40.00 and gave the company a “buy” rating in a research note on Tuesday, October 28th. Finally, Zacks Research downgraded Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 25th. Four equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Amkor Technology presently has an average rating of “Hold” and a consensus price target of $35.00.

Amkor Technology Stock Up 2.5%

AMKR stock opened at $52.29 on Friday. The firm has a 50-day moving average price of $39.52 and a 200-day moving average price of $30.57. Amkor Technology has a 12 month low of $14.03 and a 12 month high of $53.53. The company has a current ratio of 1.77, a quick ratio of 1.60 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $12.93 billion, a P/E ratio of 41.83 and a beta of 1.99.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings results on Monday, October 27th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.09. The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.93 billion. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. The firm’s revenue was up 6.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.49 EPS. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. As a group, equities research analysts anticipate that Amkor Technology will post 1.47 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Maryfrances Mccourt sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $46.02, for a total value of $920,400.00. Following the transaction, the director owned 55,918 shares in the company, valued at approximately $2,573,346.36. The trade was a 26.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $31.68, for a total transaction of $316,800.00. Following the sale, the chief executive officer owned 346,699 shares of the company’s stock, valued at approximately $10,983,424.32. This trade represents a 2.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 91,000 shares of company stock valued at $3,615,510 over the last three months. Insiders own 26.90% of the company’s stock.

Hedge Funds Weigh In On Amkor Technology

Hedge funds and other institutional investors have recently bought and sold shares of the company. Salomon & Ludwin LLC acquired a new stake in Amkor Technology during the 3rd quarter worth about $25,000. Bessemer Group Inc. grew its stake in 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 purchasing an additional 391 shares during the period. IFP Advisors Inc increased its holdings in Amkor Technology by 91.2% in the third quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 447 shares in the last quarter. Hantz Financial Services Inc. lifted its stake in Amkor Technology by 1,050.4% in the second quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 1,250 shares during the period. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Amkor Technology by 416.8% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,602 shares of the semiconductor company’s stock worth $34,000 after buying an additional 1,292 shares in the last quarter. Institutional investors and hedge funds 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.