Focus Partners Advisor Solutions LLC acquired a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 9,833 shares of the semiconductor company’s stock, valued at approximately $848,000.
Other institutional investors also recently bought and sold shares of the company. Fisher Asset Management LLC boosted its position in shares of Amkor Technology by 204.5% in the 4th quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock worth $82,712,000 after purchasing an additional 1,407,109 shares in the last quarter. UBS Group AG boosted its holdings in Amkor Technology by 205.5% in the fourth quarter. UBS Group AG now owns 1,254,658 shares of the semiconductor company’s stock worth $49,534,000 after acquiring an additional 843,983 shares in the last quarter. Black Swift Group LLC purchased a new stake in shares of Amkor Technology during the fourth quarter worth about $797,000. Jefferies Financial Group Inc. purchased a new stake in Amkor Technology during the 4th quarter worth approximately $841,000. Finally, Weiss Asset Management LP increased its stake in Amkor Technology by 263.6% during the 1st quarter. Weiss Asset Management LP now owns 300,000 shares of the semiconductor company’s stock valued at $13,509,000 after purchasing an additional 217,484 shares in the last quarter. 42.76% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on AMKR. Morgan Stanley boosted their price objective on shares of Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating in a report on Tuesday, July 28th. The Goldman Sachs Group boosted their price target on Amkor Technology from $43.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. B. Riley Financial cut their price objective on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a report on Tuesday, July 28th. UBS Group upgraded Amkor Technology from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $80.00 to $90.00 in a research note on Friday, July 24th. Finally, Weiss Ratings raised Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. 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 stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $68.12.
Insider Activity
In related news, Director Douglas A. 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 value of $279,050.00. Following the completion of the transaction, the director directly owned 29,109 shares in the company, valued at $1,624,573.29. The trade was a 14.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Winston J. Churchill sold 5,000 shares of the 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 sale, the director directly owned 28,781 shares in the company, valued at $2,250,674.20. This trade represents a 14.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 45,221 shares of company stock worth $2,760,987. 26.40% of the stock is currently owned by corporate insiders.
Amkor Technology Stock Performance
NASDAQ AMKR opened at $61.30 on Tuesday. The firm has a market capitalization of $15.23 billion, a P/E ratio of 27.49 and a beta of 2.25. The stock has a 50-day simple moving average of $68.26 and a two-hundred day simple moving average of $61.09. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17. Amkor Technology, Inc. has a fifty-two week low of $22.74 and a fifty-two week high of $96.68.
Amkor Technology (NASDAQ:AMKR – Get Free Report) last posted its earnings results on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.47 by $0.23. The firm had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.81 billion. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.Amkor Technology’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same period last year, the company earned $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, equities analysts forecast that Amkor Technology, Inc. will post 2.62 earnings per share for the current year.
Amkor Technology Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Wednesday, September 2nd will be paid a dividend of $0.0835 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.5%. Amkor Technology’s dividend payout ratio (DPR) is presently 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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