Vanguard Group Inc. grew its position in Amkor Technology, Inc. (NASDAQ:AMKR – Free Report) by 4.6% during the third quarter, HoldingsChannel.com reports. The fund owned 15,779,847 shares of the semiconductor company’s stock after acquiring an additional 687,900 shares during the quarter. Vanguard Group Inc. owned about 0.06% of Amkor Technology worth $448,148,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Allianz Asset Management GmbH boosted its stake in shares of Amkor Technology by 47.0% during the 3rd quarter. Allianz Asset Management GmbH now owns 519,461 shares of the semiconductor company’s stock worth $14,753,000 after purchasing an additional 166,091 shares during the period. Norges Bank purchased a new position in shares of Amkor Technology during the second quarter valued at approximately $17,221,000. WINTON GROUP Ltd grew its stake in shares of Amkor Technology by 70.4% during the second quarter. WINTON GROUP Ltd now owns 97,108 shares of the semiconductor company’s stock valued at $2,038,000 after buying an additional 40,129 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Amkor Technology by 53.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 59,386 shares of the semiconductor company’s stock worth $1,767,000 after buying an additional 20,710 shares during the period. Finally, Squarepoint Ops LLC lifted its stake in shares of Amkor Technology by 61.1% during the 2nd quarter. Squarepoint Ops LLC now owns 229,734 shares of the semiconductor company’s stock worth $4,822,000 after acquiring an additional 87,138 shares during the last quarter. 42.76% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts have commented on AMKR shares. The Goldman Sachs Group upped their price objective on Amkor Technology from $38.00 to $43.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. UBS Group set a $43.00 price target on shares of Amkor Technology in a research note on Tuesday, February 10th. Wall Street Zen raised shares of Amkor Technology from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. Zacks Research raised shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $49.86.
Insider Activity at Amkor Technology
In other news, Director Maryfrances Mccourt sold 20,000 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $46.02, for a total transaction of $920,400.00. Following the transaction, the director owned 55,918 shares in the company, valued at $2,573,346.36. This represents a 26.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Kevin Engel sold 11,000 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $46.21, for a total transaction of $508,310.00. Following the completion of the transaction, the executive vice president directly owned 349 shares of the company’s stock, valued at $16,127.29. The trade was a 96.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 66,000 shares of company stock worth $3,135,310 over the last ninety days. Corporate insiders own 26.90% of the company’s stock.
Amkor Technology Stock Up 5.0%
NASDAQ:AMKR opened at $50.94 on Thursday. The company’s 50-day simple moving average is $47.41 and its 200-day simple moving average is $36.84. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.01 and a current ratio of 2.27. Amkor Technology, Inc. has a fifty-two week low of $14.03 and a fifty-two week high of $57.09. The stock has a market capitalization of $12.60 billion, a P/E ratio of 33.74 and a beta of 2.00.
Amkor Technology (NASDAQ:AMKR – Get Free Report) last posted its earnings results on Monday, February 9th. The semiconductor company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.26. The company had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Amkor Technology had a net margin of 5.57% and a return on equity of 8.66%. Amkor Technology’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.43 earnings per share. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. On average, equities analysts anticipate that Amkor Technology, Inc. will post 1.47 earnings per share for the current fiscal year.
Amkor Technology Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 12th will be paid a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, March 12th. Amkor Technology’s payout ratio is 21.85%.
Amkor Technology 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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