Handelsbanken Fonder AB Boosts Stock Position in Amkor Technology, Inc. $AMKR

Handelsbanken Fonder AB lifted its holdings in shares of Amkor Technology, Inc. (NASDAQ:AMKR) by 56.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 43,076 shares of the semiconductor company’s stock after buying an additional 15,500 shares during the period. Handelsbanken Fonder AB’s holdings in Amkor Technology were worth $1,223,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC purchased a new stake in Amkor Technology in the 3rd quarter worth $25,000. Bessemer Group Inc. grew its position in shares of Amkor Technology by 72.1% in the third quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 391 shares during the period. Hantz Financial Services Inc. grew its position in shares of 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 purchasing an additional 1,250 shares during the period. Essex Investment Management Co. LLC purchased a new stake in shares of Amkor Technology during the third quarter worth about $43,000. Finally, Advisors Asset Management Inc. increased its stake in shares of Amkor Technology by 61.8% during the first quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 854 shares in the last quarter. Institutional investors and hedge funds own 42.76% of the company’s stock.

Amkor Technology Stock Performance

Shares of Amkor Technology stock opened at $45.77 on Thursday. The business’s 50 day moving average price is $48.06 and its 200 day moving average price is $37.63. The company has a market cap of $11.32 billion, a price-to-earnings ratio of 30.31 and a beta of 1.94. 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 one year low of $14.03 and a one year high of $57.09.

Amkor Technology (NASDAQ:AMKR) last issued its earnings results on Monday, February 9th. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.26. The business had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.84 billion. Amkor Technology had a return on equity of 8.66% and a net margin of 5.57%.The company’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same period last year, the company earned $0.43 EPS. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. On average, research analysts predict that Amkor Technology, Inc. will post 1.47 EPS for the current year.

Amkor Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th will be paid a dividend of $0.0835 per share. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%. Amkor Technology’s payout ratio is 21.85%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Zacks Research lowered shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. Morgan Stanley raised their target price on Amkor Technology from $28.00 to $45.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 10th. B. Riley Financial boosted their price target on Amkor Technology from $29.00 to $48.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. The Goldman Sachs Group raised their price objective on Amkor Technology from $38.00 to $43.00 and gave the company a “neutral” rating in a report on Tuesday, February 10th. Finally, UBS Group set a $43.00 target price on shares of Amkor Technology in a report on Tuesday, February 10th. Three research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $49.86.

Insider Buying and Selling

In other news, Director Gil C. Tily sold 20,000 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $46.44, for a total value of $928,800.00. Following the completion of the sale, the director owned 123,806 shares of the company’s stock, valued at $5,749,550.64. This represents a 13.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Kevin Engel sold 11,000 shares of Amkor Technology 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 sale, the executive vice president directly owned 349 shares in the company, valued at approximately $16,127.29. The trade was a 96.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 98,500 shares of company stock worth $4,720,685 over the last ninety days. 26.90% of the stock is currently owned by insiders.

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.