Connor Clark & Lunn Investment Management Ltd. Invests $35.63 Million in Amkor Technology, Inc. $AMKR

Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Amkor Technology, Inc. (NASDAQ:AMKR) in the 2nd quarter, HoldingsChannel reports. The fund acquired 413,254 shares of the semiconductor company’s stock, valued at approximately $35,635,000.

Other large investors also recently made changes to their positions in the company. Bessemer Group Inc. increased its holdings in Amkor Technology by 12.5% during the first quarter. Bessemer Group Inc. now owns 1,216 shares of the semiconductor company’s stock worth $55,000 after buying an additional 135 shares during the last quarter. Arista Wealth Management LLC lifted its stake in Amkor Technology by 1.2% in the second quarter. Arista Wealth Management LLC now owns 13,642 shares of the semiconductor company’s stock valued at $1,176,000 after acquiring an additional 157 shares during the last quarter. CoreCap Advisors LLC lifted its stake in Amkor Technology by 56.4% in the second quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 158 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its stake in Amkor Technology by 2.1% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 9,799 shares of the semiconductor company’s stock valued at $387,000 after acquiring an additional 202 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC grew its position in shares of Amkor Technology by 0.6% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 36,221 shares of the semiconductor company’s stock valued at $1,430,000 after acquiring an additional 218 shares during the period. Institutional investors and hedge funds own 42.76% of the company’s stock.

Insider Activity at Amkor Technology

In related news, Director Guillaume Marie Jean Rutten sold 25,000 shares of Amkor Technology stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $55.35, for a total transaction of $1,383,750.00. Following the completion of the sale, the director directly owned 486,732 shares of the company’s stock, valued at approximately $26,940,616.20. This trade represents a 4.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Mark N. 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 value of $298,900.00. Following the sale, the executive vice president directly owned 38,904 shares of the company’s stock, valued at approximately $2,325,681.12. The trade was a 11.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 50,221 shares of company stock valued at $3,059,887. Insiders own 26.40% of the company’s stock.

Amkor Technology Price Performance

Shares of AMKR opened at $47.90 on Tuesday. The company’s 50-day moving average is $65.66 and its 200-day moving average is $61.17. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.17 and a quick ratio of 1.91. The firm has a market capitalization of $11.90 billion, a PE ratio of 21.48 and a beta of 2.24. Amkor Technology, Inc. has a fifty-two week low of $23.36 and a fifty-two week high of $96.68.

Amkor Technology (NASDAQ:AMKR) last announced 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. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The business had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the previous year, the firm posted $0.22 EPS. 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. Equities analysts forecast that Amkor Technology, Inc. will post 2.62 EPS 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 issued a dividend of $0.0835 per share. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Wednesday, September 2nd. Amkor Technology’s payout ratio is currently 14.80%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Needham & Company LLC restated a “buy” rating and set a $90.00 price objective on shares of Amkor Technology in a research note on Tuesday, July 28th. Weiss Ratings upgraded Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Morgan Stanley boosted their price target on Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 28th. Zacks Research upgraded Amkor Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Finally, UBS Group raised Amkor Technology from a “neutral” rating to a “buy” rating and raised their price objective 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 issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target 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.