Amkor Technology, Inc. $AMKR Shares Bought by Wellington Grp LLC

Wellington Grp LLC lifted its stake in shares of Amkor Technology, Inc. (NASDAQ:AMKRFree Report) by 31.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 53,115 shares of the semiconductor company’s stock after acquiring an additional 12,598 shares during the period. Amkor Technology accounts for approximately 1.2% of Wellington Grp LLC’s portfolio, making the stock its 19th biggest holding. Wellington Grp LLC’s holdings in Amkor Technology were worth $4,580,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMKR. IFP Advisors Inc grew its holdings in shares of Amkor Technology by 91.2% during the third quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock worth $27,000 after buying an additional 447 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in Amkor Technology by 180.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 440 shares during the period. Root Financial Partners LLC grew its stake in Amkor Technology by 38.8% in the 4th quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock worth $37,000 after acquiring an additional 262 shares during the period. CoreCap Advisors LLC raised its holdings 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 during the last quarter. Finally, Advisors Asset Management Inc. raised its holdings in Amkor Technology by 61.8% in the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 854 shares during the last quarter. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Insider Buying and Selling at Amkor Technology

In other news, CFO Megan Faust sold 1,000 shares of the stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $54.45, for a total value of $54,450.00. Following the completion of the sale, the chief financial officer owned 135,105 shares of the company’s stock, valued at $7,356,467.25. This represents a 0.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Kevin K. Engel sold 3,221 shares of the firm’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $47.00, for a total transaction of $151,387.00. Following the completion of the transaction, the chief executive officer directly owned 9,666 shares in the company, valued at approximately $454,302. This represents a 24.99% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 50,221 shares of company stock worth $3,059,887. Company insiders own 26.40% of the company’s stock.

Wall Street Analyst Weigh In

AMKR has been the topic of several analyst reports. Morgan Stanley raised their price objective on Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 28th. B. Riley Financial dropped their target price on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a research note on Tuesday, July 28th. Bank of America assumed coverage on Amkor Technology in a research report on Thursday, August 27th. They set a “buy” rating and a $70.00 target price on the stock. Zacks Research raised Amkor Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Finally, Weiss Ratings upgraded Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Amkor Technology currently has a consensus rating of “Moderate Buy” and an average price target of $68.33.

Read Our Latest Stock Report on AMKR

Amkor Technology Price Performance

Shares of NASDAQ AMKR opened at $47.77 on Monday. The stock has a market capitalization of $11.87 billion, a PE ratio of 21.42, a P/E/G ratio of 0.59 and a beta of 2.22. 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 fifty day moving average of $58.67 and a 200-day moving average of $61.06. Amkor Technology, Inc. has a 52-week low of $24.18 and a 52-week high of $96.68.

Amkor Technology (NASDAQ:AMKRGet Free Report) last issued its earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.23. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The business had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period last year, the company posted $0.22 EPS. The business’s quarterly revenue was up 25.6% on a year-over-year basis. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, analysts anticipate that Amkor Technology, Inc. will post 2.6 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 paid a $0.0835 dividend. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, September 2nd. Amkor Technology’s payout ratio is currently 14.80%.

Amkor Technology Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding AMKR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amkor Technology, Inc. (NASDAQ:AMKRFree Report).

Institutional Ownership by Quarter for Amkor Technology (NASDAQ:AMKR)

Receive News & Ratings for Amkor Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amkor Technology and related companies with MarketBeat.com's FREE daily email newsletter.