Amkor Technology (NASDAQ:AMKR) Director Sells $275,000.00 in Stock

Amkor Technology, Inc. (NASDAQ:AMKR) Director Douglas Alexander sold 5,000 shares of the stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $55.00, for a total value of $275,000.00. Following the completion of the sale, the director directly owned 29,109 shares of the company’s stock, valued at approximately $1,600,995. This represents a 14.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amkor Technology Stock Down 2.4%

Shares of NASDAQ:AMKR opened at $51.00 on Friday. The company has a quick ratio of 1.91, a current ratio of 2.17 and a debt-to-equity ratio of 0.50. Amkor Technology, Inc. has a 52-week low of $28.19 and a 52-week high of $96.68. The business has a fifty day moving average of $51.65 and a two-hundred day moving average of $61.99. The stock has a market cap of $12.67 billion, a P/E ratio of 22.87, a PEG ratio of 0.64 and a beta of 2.21.

Amkor Technology (NASDAQ:AMKR) last issued its earnings results on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.23. The company had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.81 billion. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. Amkor Technology’s quarterly revenue was up 25.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, research analysts expect that Amkor Technology, Inc. will post 2.6 earnings per share for the current year.

Amkor Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 22nd. Shareholders of record on Wednesday, September 2nd were paid a dividend of $0.0835 per share. The ex-dividend date of this dividend was Wednesday, September 2nd. This represents a $0.33 annualized dividend and a yield of 0.7%. Amkor Technology’s dividend payout ratio (DPR) is 14.80%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Morgan Stanley increased their price target on Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating 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 report on Friday, July 31st. UBS Group raised shares of Amkor Technology from a “neutral” rating to a “buy” rating and upped their target price for the company from $80.00 to $90.00 in a research report on Friday, July 24th. Bank of America assumed coverage on shares of Amkor Technology in a research note on Thursday, August 27th. They set a “buy” rating and a $70.00 target price for the company. Finally, Zacks Research cut shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amkor Technology currently has a consensus rating of “Moderate Buy” and a consensus target price of $68.33.

Hedge Funds Weigh In On Amkor Technology

Several hedge funds have recently bought and sold shares of the company. CoreCap Advisors LLC grew its position in Amkor Technology by 56.4% in the 2nd quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 158 shares in the last quarter. Clearstead Trust LLC acquired a new stake in shares of Amkor Technology during the second quarter worth about $43,000. Ceredex Value Advisors LLC purchased a new position in shares of Amkor Technology in the second quarter valued at approximately $47,000. Solstein Capital LLC purchased a new position in shares of Amkor Technology in the second quarter valued at approximately $52,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Amkor Technology in the second quarter valued at approximately $54,000. Institutional investors and hedge funds own 42.76% of the company’s stock.

Amkor Technology Company Profile

Amkor Technology, Inc (NASDAQ:AMKR) is a provider of outsourced semiconductor packaging and testing services. The company works with semiconductor manufacturers, fabless chip designers, foundries and integrated device manufacturers to assemble, package and test integrated circuits before they are incorporated into electronic products.

Its services include advanced packaging, flip-chip and wirebond assembly, wafer-level processing, system-in-package solutions, wafer bumping and semiconductor testing.