Amkor Technology, Inc. (NASDAQ:AMKR) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Amkor Technology, Inc. (NASDAQ:AMKR) have been assigned an average recommendation of “Moderate Buy” from the eleven brokerages that are currently covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $68.1250.

Several equities analysts have weighed in on the company. UBS Group upgraded Amkor Technology from a “neutral” rating to a “buy” rating and raised their price target for the company from $80.00 to $90.00 in a report on Friday, July 24th. B. Riley Financial lowered their target price on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a research report on Tuesday, July 28th. The Goldman Sachs Group raised their target price on shares of Amkor Technology from $43.00 to $65.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Needham & Company LLC restated a “buy” rating and issued a $90.00 price target on shares of Amkor Technology in a research report on Tuesday, July 28th. Finally, Zacks Research raised shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th.

Amkor Technology Price Performance

AMKR opened at $50.26 on Monday. The firm has a 50-day simple moving average of $66.41 and a two-hundred day simple moving average of $61.15. Amkor Technology has a 52 week low of $23.22 and a 52 week high of $96.68. The company has a market capitalization of $12.49 billion, a PE ratio of 22.54 and a beta of 2.25. 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 (NASDAQ:AMKR) last issued its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.23. The firm had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.81 billion. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The business’s quarterly revenue was up 25.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Analysts forecast that Amkor Technology will post 2.62 earnings per share for the current fiscal year.

Amkor Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Wednesday, September 2nd will be issued a $0.0835 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.7%. Amkor Technology’s payout ratio is 14.80%.

Insider Activity

In other news, CEO Kevin K. Engel sold 3,221 shares of the company’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $47.00, for a total transaction of $151,387.00. Following the sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Douglas A. Alexander sold 5,000 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $55.81, for a total transaction of $279,050.00. Following the completion of the transaction, the director directly owned 29,109 shares of the company’s stock, valued at approximately $1,624,573.29. The trade was a 14.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 50,221 shares of company stock worth $3,059,887. 26.40% of the stock is owned by insiders.

Institutional Investors Weigh In On Amkor Technology

Institutional investors have recently modified their holdings of the stock. Readystate Asset Management LP purchased a new position in shares of Amkor Technology in the 2nd quarter worth approximately $3,000,000. Wedmont Private Capital raised its holdings in Amkor Technology by 5.7% during the 2nd quarter. Wedmont Private Capital now owns 13,051 shares of the semiconductor company’s stock valued at $1,125,000 after buying an additional 707 shares during the period. HB Wealth Management LLC raised its holdings in Amkor Technology by 26.8% during the 2nd quarter. HB Wealth Management LLC now owns 7,617 shares of the semiconductor company’s stock valued at $657,000 after buying an additional 1,610 shares during the period. AlphaGrep UK Ltd bought a new stake in Amkor Technology in the second quarter worth $315,000. Finally, Meadowbrook Wealth Management LLC bought a new stake in Amkor Technology in the second quarter worth $216,000. 42.76% of the stock is owned by institutional investors.

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.