M&G PLC Has $10.37 Million Stock Holdings in Amkor Technology, Inc. $AMKR

M&G PLC trimmed its holdings in shares of Amkor Technology, Inc. (NASDAQ:AMKR) by 13.4% during the third quarter, HoldingsChannel reports. The fund owned 370,282 shares of the semiconductor company’s stock after selling 57,394 shares during the quarter. M&G PLC’s holdings in Amkor Technology were worth $10,368,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of AMKR. Royal Bank of Canada grew its stake in shares of Amkor Technology by 100.6% in the first 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. AQR Capital Management LLC raised its position in Amkor Technology by 38.3% during the 2nd quarter. AQR Capital Management LLC now owns 3,558,040 shares of the semiconductor company’s stock worth $74,541,000 after purchasing an additional 985,727 shares during the last quarter. American Century Companies Inc. lifted its holdings in Amkor Technology by 30.0% during the 2nd quarter. American Century Companies Inc. now owns 3,818,331 shares of the semiconductor company’s stock worth $80,147,000 after buying an additional 880,738 shares during the period. Norges Bank bought a new stake in shares of Amkor Technology in the 2nd quarter valued at about $17,221,000. Finally, Vanguard Group Inc. increased its stake in shares of Amkor Technology by 4.6% in the third quarter. Vanguard Group Inc. now owns 15,779,847 shares of the semiconductor company’s stock valued at $448,148,000 after buying an additional 687,900 shares during the period. 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 analyst reports. B. Riley Financial lifted their price objective on Amkor Technology from $29.00 to $48.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Wall Street Zen upgraded shares of Amkor Technology from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, January 21st. William Blair raised shares of Amkor Technology to a “neutral” rating in a research note on Monday, January 12th. Finally, Needham & Company LLC boosted their target price on shares of Amkor Technology from $50.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Amkor Technology currently has a consensus rating of “Hold” and an average price target of $49.86.

Insiders Place Their Bets

In other Amkor Technology news, EVP Kevin Engel sold 11,000 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $46.21, for a total value of $508,310.00. Following the transaction, the executive vice president owned 349 shares in the company, valued at approximately $16,127.29. This represents a 96.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Guillaume Marie Jean Rutten sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $53.14, for a total value of $531,400.00. Following the sale, the director owned 335,391 shares of the company’s stock, valued at approximately $17,822,677.74. This represents a 2.90% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 66,000 shares of company stock valued at $3,135,310. 26.90% of the stock is currently owned by corporate insiders.

Amkor Technology Trading Down 8.0%

NASDAQ:AMKR opened at $47.48 on Tuesday. Amkor Technology, Inc. has a 12 month low of $14.03 and a 12 month high of $57.09. 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 stock has a market capitalization of $11.74 billion, a price-to-earnings ratio of 31.44 and a beta of 2.00. The firm has a fifty day simple moving average of $46.80 and a two-hundred day simple moving average of $35.67.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.26. The firm had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.84 billion. Amkor Technology had a net margin of 5.57% and a return on equity of 8.66%. The business’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.43 earnings per share. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. Analysts expect that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.

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.