Bull Harbor Capital LLC acquired a new stake in Amkor Technology, Inc. (NASDAQ:AMKR – Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 13,399 shares of the semiconductor company’s stock, valued at approximately $603,000.
Several other large investors also recently made changes to their positions in the business. Smartleaf Asset Management LLC lifted its position in Amkor Technology by 180.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock worth $28,000 after buying an additional 440 shares in the last quarter. Root Financial Partners LLC lifted its position in shares of Amkor Technology by 38.8% during the fourth quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 262 shares in the last quarter. IFP Advisors Inc grew its stake in shares of Amkor Technology by 91.2% during the third quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 447 shares during the last quarter. Hollencrest Capital Management acquired a new stake in shares of Amkor Technology in the first quarter valued at approximately $45,000. Finally, State of Wyoming bought a new position in Amkor Technology in the 4th quarter worth approximately $41,000. Institutional investors own 42.76% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on the company. The Goldman Sachs Group lifted their target price on Amkor Technology from $43.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. UBS Group upgraded shares of Amkor Technology from a “neutral” rating to a “buy” rating and upped their target price for the company from $80.00 to $90.00 in a research report on Friday, July 24th. Needham & Company LLC reiterated a “buy” rating and set a $90.00 price target on shares of Amkor Technology in a research report on Tuesday. Zacks Research upgraded shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Finally, Morgan Stanley lifted their target price on shares of Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $68.12.
Insider Activity at Amkor Technology
In related news, CFO Megan Faust sold 1,000 shares of the firm’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $70.30, for a total transaction of $70,300.00. Following the sale, the chief financial officer directly owned 132,138 shares in the company, valued at $9,289,301.40. This trade represents a 0.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Winston J. Churchill sold 5,000 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $78.20, for a total transaction of $391,000.00. Following the completion of the transaction, the director directly owned 28,781 shares of the company’s stock, valued at approximately $2,250,674.20. The trade was a 14.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 114,000 shares of company stock valued at $8,631,450 over the last three months. Insiders own 26.40% of the company’s stock.
Amkor Technology Stock Performance
Shares of Amkor Technology stock opened at $48.26 on Friday. The stock’s fifty day simple moving average is $71.99 and its 200 day simple moving average is $60.68. The company has a current ratio of 2.17, a quick ratio of 1.74 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $11.99 billion, a PE ratio of 21.64 and a beta of 2.20. Amkor Technology, Inc. has a 12 month low of $21.57 and a 12 month high of $96.68.
Amkor Technology (NASDAQ:AMKR – Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.23. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The company had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the company earned $0.22 earnings per share. The company’s revenue for the quarter was up 25.6% compared to the same quarter last year. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, research analysts predict that Amkor Technology, Inc. will post 2.4 EPS for the current year.
Amkor Technology Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Wednesday, June 3rd were issued a $0.0835 dividend. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Wednesday, June 3rd. Amkor Technology’s dividend payout ratio is 14.80%.
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.
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