Amkor Technology (NASDAQ:AMKR) Director Douglas Alexander Sells 5,000 Shares

Amkor Technology, Inc. (NASDAQ:AMKR) Director Douglas Alexander sold 5,000 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $55.81, for a total transaction of $279,050.00. Following the completion of the transaction, the director owned 29,109 shares in the company, valued at approximately $1,624,573.29. The trade was a 14.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amkor Technology Stock Performance

Shares of AMKR opened at $54.30 on Wednesday. The company has a current ratio of 2.17, a quick ratio of 1.91 and a debt-to-equity ratio of 0.50. The firm’s fifty day simple moving average is $69.23 and its two-hundred day simple moving average is $60.88. Amkor Technology, Inc. has a 12 month low of $22.74 and a 12 month high of $96.68. The stock has a market capitalization of $13.49 billion, a P/E ratio of 24.35 and a beta of 2.24.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 earnings per share 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 firm had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period last year, the company posted $0.22 EPS. The business’s quarterly revenue was up 25.6% on a year-over-year basis. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, analysts predict that Amkor Technology, Inc. will post 2.62 EPS for the current year.

Institutional Trading of Amkor Technology

Hedge funds have recently bought and sold shares of the business. CoreCap Advisors LLC raised its holdings in Amkor Technology by 56.4% during the second quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock worth $38,000 after buying an additional 158 shares during the last quarter. Clearstead Trust LLC bought a new stake in shares of Amkor Technology during the second quarter worth about $43,000. Ceredex Value Advisors LLC acquired a new stake in shares of Amkor Technology in the 2nd quarter worth about $47,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Amkor Technology in the 2nd quarter worth about $54,000. Finally, Smartleaf Asset Management LLC lifted its position in Amkor Technology by 180.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 440 shares in the last quarter. Institutional investors and hedge funds own 42.76% of the company’s stock.

Analyst Ratings Changes

AMKR has been the topic of a number of research analyst reports. Needham & Company LLC restated a “buy” rating and set a $90.00 price target on shares of Amkor Technology in a report on Tuesday, July 28th. Weiss Ratings upgraded shares of Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. The Goldman Sachs Group boosted their target price on shares of Amkor Technology from $43.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday, April 28th. B. Riley Financial reduced their price target on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a report on Tuesday, July 28th. Finally, UBS Group raised shares of Amkor Technology from a “neutral” rating to a “buy” rating and lifted their price target for the company from $80.00 to $90.00 in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $68.12.

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.