Amkor Technology, Inc. $AMKR Shares Sold by Williams & Novak LLC

Williams & Novak LLC decreased its stake in Amkor Technology, Inc. (NASDAQ:AMKR) by 4.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,741 shares of the semiconductor company’s stock after selling 500 shares during the period. Williams & Novak LLC’s holdings in Amkor Technology were worth $246,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in AMKR. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Amkor Technology in the first quarter valued at about $27,000. UMB Bank n.a. lifted its stake in shares of Amkor Technology by 677.0% in the first quarter. UMB Bank n.a. now owns 1,756 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 1,530 shares during the period. MassMutual Private Wealth & Trust FSB lifted its stake in shares of Amkor Technology by 416.8% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,602 shares of the semiconductor company’s stock valued at $34,000 after purchasing an additional 1,292 shares during the period. Allworth Financial LP lifted its stake in shares of Amkor Technology by 166.3% in the first quarter. Allworth Financial LP now owns 2,173 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 1,357 shares during the period. Finally, Advisors Asset Management Inc. lifted its stake in shares of Amkor Technology by 61.8% in the first quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 854 shares during the period. Institutional investors and hedge funds own 42.76% of the company’s stock.

Insider Transactions at Amkor Technology

In related news, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $30.00, for a total value of $300,000.00. Following the completion of the sale, the chief executive officer directly owned 358,007 shares in the company, valued at approximately $10,740,210. The trade was a 2.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Sujoda Management, Llc bought 441,589 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was bought at an average price of $21.85 per share, with a total value of $9,648,719.65. Following the completion of the acquisition, the insider owned 3,789,479 shares of the company’s stock, valued at $82,800,116.15. This trade represents a 13.19% increase in their position. The disclosure for this purchase can be found here. Insiders sold 36,792 shares of company stock valued at $948,500 in the last quarter. Insiders own 26.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on AMKR shares. The Goldman Sachs Group raised their target price on shares of Amkor Technology from $22.00 to $26.00 and gave the company a “neutral” rating in a report on Thursday. UBS Group raised their target price on shares of Amkor Technology from $23.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. Needham & Company LLC raised their target price on shares of Amkor Technology from $22.00 to $28.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday. Finally, Morgan Stanley restated an “equal weight” rating on shares of Amkor Technology in a report on Tuesday, July 29th. Four analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $27.11.

Amkor Technology Stock Performance

Shares of NASDAQ AMKR opened at $28.26 on Friday. The company has a market cap of $6.98 billion, a PE ratio of 22.98 and a beta of 1.98. Amkor Technology, Inc. has a 12 month low of $14.03 and a 12 month high of $33.54. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.89 and a quick ratio of 1.70. The company has a 50-day simple moving average of $25.97 and a 200-day simple moving average of $21.59.

Amkor Technology (NASDAQ:AMKR) last issued its quarterly earnings results on Monday, July 28th. The semiconductor company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.06. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.42 billion. Amkor Technology had a net margin of 4.80% and a return on equity of 7.23%. The company’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.27 earnings per share. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. On average, equities analysts anticipate that Amkor Technology, Inc. will post 1.47 earnings per share for the current year.

Amkor Technology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Wednesday, September 3rd were issued a $0.0827 dividend. This represents a $0.33 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Wednesday, September 3rd. Amkor Technology’s payout ratio is presently 26.83%.

About Amkor Technology

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.