Insider Selling: Amkor Technology (NASDAQ:AMKR) CFO Sells $70,300.00 in Stock

Amkor Technology, Inc. (NASDAQ:AMKR) CFO Megan Faust sold 1,000 shares of the stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $70.30, for a total value of $70,300.00. Following the completion of the transaction, the chief financial officer directly owned 132,138 shares in the company, valued at approximately $9,289,301.40. This represents a 0.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Megan Faust also recently made the following trade(s):

• On Tuesday, May 19th, Megan Faust sold 1,000 shares of Amkor Technology stock. The shares were sold at an average price of $64.60, for a total value of $64,600.00.

Amkor Technology Stock Up 8.7%

AMKR stock opened at $82.78 on Friday. Amkor Technology, Inc. has a fifty-two week low of $19.79 and a fifty-two week high of $83.30. The business’s 50-day moving average is $67.96 and its two-hundred day moving average is $53.41. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.74 and a current ratio of 2.01. The company has a market cap of $20.52 billion, a price-to-earnings ratio of 47.30 and a beta of 2.25.

Amkor Technology (NASDAQ:AMKR) last posted its earnings results on Monday, April 27th. The semiconductor company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.10. Amkor Technology had a return on equity of 9.88% and a net margin of 6.17%.The company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the prior year, the company earned $0.09 earnings per share. Amkor Technology’s revenue was up 27.5% on a year-over-year basis. As a group, analysts forecast that Amkor Technology, Inc. will post 2.08 earnings per share for the current year.

Amkor Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Wednesday, June 3rd will be issued a $0.0835 dividend. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $0.33 dividend on an annualized basis and a yield of 0.4%. Amkor Technology’s dividend payout ratio is currently 18.86%.

Analyst Ratings Changes

Several research firms have recently commented on AMKR. B. Riley Financial raised their price objective on Amkor Technology from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. Wall Street Zen downgraded Amkor Technology from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 21st. Morgan Stanley raised their price objective on Amkor Technology from $45.00 to $69.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 28th. Needham & Company LLC raised their price objective on Amkor Technology from $65.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Finally, Melius Research raised Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a research note on Monday, April 6th. Four equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $67.38.

Institutional Trading of Amkor Technology

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bessemer Group Inc. raised its stake in 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 purchasing an additional 135 shares during the period. O Shaughnessy Asset Management LLC raised its stake in Amkor Technology by 2.1% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 9,799 shares of the semiconductor company’s stock valued at $387,000 after purchasing an additional 202 shares during the period. Vanguard Personalized Indexing Management LLC raised its stake in Amkor Technology by 0.6% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 36,221 shares of the semiconductor company’s stock valued at $1,430,000 after purchasing an additional 218 shares during the period. Evolve Private Wealth LLC raised its stake in Amkor Technology by 3.0% during the 1st quarter. Evolve Private Wealth LLC now owns 7,615 shares of the semiconductor company’s stock valued at $343,000 after purchasing an additional 222 shares during the period. Finally, Strs Ohio raised its stake in Amkor Technology by 8.6% during the 1st quarter. Strs Ohio now owns 2,971 shares of the semiconductor company’s stock valued at $134,000 after purchasing an additional 235 shares during the period. Institutional investors own 42.76% of the company’s stock.

Key Amkor Technology News

Here are the key news stories impacting Amkor Technology this week:

• Positive Sentiment: Investor optimism is rising around Amkor’s advanced packaging strategy, with recent coverage highlighting renewed focus on its long-term growth targets, AI-related packaging demand, and the company’s role in the semiconductor supply chain. Amkor Technology rallies as investors refocus on advanced packaging growth targets
• Positive Sentiment: Analysts and market commentary suggest Amkor could still have upside after its big run, driven by ongoing AI/compute packaging demand and the company’s improving execution on advanced solutions. Amkor Technology (AMKR) Stock After 277% One-Year Surge Is There Still Upside
• Positive Sentiment: Amkor’s HDFO platform is being watched as a potential growth driver for compute packaging, which could benefit the stock if adoption continues and AI demand stays strong. Can HDFO Adoption Strengthen Amkor’s Compute Growth Opportunity?
• Neutral Sentiment: Unusually large call-option activity suggests traders are positioning for more upside, but this is more a sentiment indicator than a fundamental catalyst.
• Negative Sentiment: Recent insider selling by CFO Megan Faust is a modest caution signal, though the sale was small and part of a pre-arranged 10b5-1 trading plan.

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.