Meeder Advisory Services Inc. Makes New Investment in Amkor Technology, Inc. $AMKR

Meeder Advisory Services Inc. purchased a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 13,708 shares of the semiconductor company’s stock, valued at approximately $1,182,000.

Several other hedge funds and other institutional investors have also made changes to their positions in AMKR. Meeder Asset Management Inc. acquired a new position in shares of Amkor Technology in the second quarter valued at approximately $2,103,000. Citizens Financial Group Inc. RI acquired a new stake in Amkor Technology during the 2nd quarter worth approximately $420,000. BlackRock Inc. purchased a new position in Amkor Technology in the 2nd quarter valued at approximately $1,060,005,000. Pallas Capital Advisors LLC purchased a new position in Amkor Technology in the 2nd quarter valued at approximately $1,328,000. Finally, Deutsche Bank AG acquired a new position in shares of Amkor Technology in the second quarter worth $7,702,000. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Amkor Technology Trading Down 7.2%

Shares of NASDAQ:AMKR opened at $50.89 on Thursday. Amkor Technology, Inc. has a 52 week low of $22.74 and a 52 week high of $96.68. The company’s 50 day moving average is $67.57 and its two-hundred day moving average is $61.12. The company has a market cap of $12.64 billion, a PE ratio of 22.82 and a beta of 2.24. The company has a current ratio of 2.17, a quick ratio of 1.91 and a debt-to-equity ratio of 0.50.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings data 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. The business had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.81 billion. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The company’s revenue for the quarter was up 25.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.22 EPS. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Equities analysts predict that Amkor Technology, Inc. will post 2.62 earnings per share for the current fiscal year.

Amkor Technology Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Wednesday, September 2nd will be issued a dividend of $0.0835 per share. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, September 2nd. Amkor Technology’s payout ratio is 14.80%.

Insider Activity at Amkor Technology

In other news, Director Douglas A. Alexander sold 5,000 shares of the stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $55.81, for a total value of $279,050.00. Following the transaction, the director owned 29,109 shares in the company, valued at approximately $1,624,573.29. This represents a 14.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Megan Faust sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $54.45, for a total value of $54,450.00. Following the sale, the chief financial officer directly owned 135,105 shares in the company, valued at $7,356,467.25. This trade represents a 0.73% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 50,221 shares of company stock worth $3,059,887 over the last three months. Company insiders own 26.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on AMKR shares. The Goldman Sachs Group upped their price objective on Amkor Technology from $43.00 to $65.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. Zacks Research upgraded Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Weiss Ratings raised Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. B. Riley Financial cut their price target on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a report on Tuesday, July 28th. Finally, UBS Group raised Amkor Technology from a “neutral” rating to a “buy” rating and increased their price target for the company from $80.00 to $90.00 in a research report 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $68.12.

Amkor Technology 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.