Insider Selling: Amkor Technology (NASDAQ:AMKR) EVP Sells $298,900.00 in Stock

Amkor Technology, Inc. (NASDAQ:AMKR) EVP Mark Rogers sold 5,000 shares of Amkor Technology stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $59.78, for a total transaction of $298,900.00. Following the completion of the transaction, the executive vice president directly owned 38,904 shares in the company, valued at approximately $2,325,681.12. The trade was a 11.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amkor Technology Trading Down 1.2%

NASDAQ AMKR opened at $50.26 on Friday. Amkor Technology, Inc. has a 52 week low of $23.22 and a 52 week high of $96.68. The company has a 50 day moving average price of $66.41 and a 200 day moving average price of $61.06. The company has a quick ratio of 1.91, a current ratio of 2.17 and a debt-to-equity ratio of 0.50. The firm has a market cap of $12.49 billion, a PE ratio of 22.54 and a beta of 2.24.

Amkor Technology (NASDAQ:AMKR) last announced its earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.23. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The company had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period last year, the firm earned $0.22 earnings per share. Amkor Technology’s revenue 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. As a group, sell-side analysts forecast that Amkor Technology, Inc. will post 2.62 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Wednesday, September 2nd will be given a $0.0835 dividend. 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 0.7%. Amkor Technology’s dividend payout ratio (DPR) is presently 14.80%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. CoreCap Advisors LLC lifted its holdings in shares of 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 purchasing an additional 158 shares during the period. Clearstead Trust LLC purchased a new stake in Amkor Technology in the second quarter valued at approximately $43,000. Ceredex Value Advisors LLC acquired a new position in Amkor Technology in the 2nd quarter worth approximately $47,000. Solstein Capital LLC purchased a new position in Amkor Technology during the 2nd quarter worth approximately $52,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Amkor Technology during the 2nd quarter valued at approximately $54,000. 42.76% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. UBS Group upgraded 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 note on Friday, July 24th. Zacks Research upgraded shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. B. Riley Financial decreased their price objective on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a research report on Tuesday, July 28th. 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 research note on Tuesday, July 28th. Finally, Weiss Ratings raised shares of Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. One 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. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $68.12.

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.