Amkor Technology (NASDAQ:AMKR) CEO Guillaume Marie Jean Rutten Sells 10,000 Shares

Amkor Technology, Inc. (NASDAQ:AMKR) CEO Guillaume Marie Jean Rutten sold 10,000 shares of Amkor Technology stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $31.68, for a total value of $316,800.00. Following the sale, the chief executive officer owned 346,699 shares of the company’s stock, valued at approximately $10,983,424.32. This trade represents a 2.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Guillaume Marie Jean Rutten also recently made the following trade(s):

• On Wednesday, October 15th, Guillaume Marie Jean Rutten sold 10,000 shares of Amkor Technology stock. The stock was sold at an average price of $30.74, for a total transaction of $307,400.00.
• On Tuesday, September 23rd, Guillaume Marie Jean Rutten sold 10,000 shares of Amkor Technology stock. The shares were sold at an average price of $30.00, for a total transaction of $300,000.00.

Amkor Technology Price Performance

Amkor Technology stock traded up $0.74 during mid-day trading on Wednesday, hitting $31.43. 2,257,378 shares of the company traded hands, compared to its average volume of 2,358,153. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.70 and a current ratio of 1.77. Amkor Technology, Inc. has a one year low of $14.03 and a one year high of $38.22. The stock has a market cap of $7.77 billion, a price-to-earnings ratio of 25.14 and a beta of 2.02. The stock has a fifty day moving average price of $30.79 and a 200-day moving average price of $24.70.

Amkor Technology (NASDAQ:AMKR) last issued its quarterly earnings results on Monday, October 27th. The semiconductor company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.09. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.93 billion. During the same quarter in the prior year, the firm earned $0.49 EPS. The business’s revenue for the quarter was up 6.7% compared to the same quarter last year. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. On average, equities analysts predict that Amkor Technology, Inc. will post 1.47 earnings per share for the current fiscal year.

Amkor Technology Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 3rd will be paid a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a yield of 1.1%. This is an increase from Amkor Technology’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend is Wednesday, December 3rd. Amkor Technology’s dividend payout ratio is presently 26.40%.

Hedge Funds Weigh In On Amkor Technology

Large investors have recently bought and sold shares of the stock. Bessemer Group Inc. lifted its position in Amkor Technology by 72.1% during the third quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 391 shares in the last quarter. Allworth Financial LP lifted its stake in shares of Amkor Technology by 21.5% during the 2nd quarter. Allworth Financial LP now owns 2,640 shares of the semiconductor company’s stock valued at $55,000 after buying an additional 467 shares in the last quarter. Ulland Investment Advisors LLC boosted its holdings in Amkor Technology by 2.8% in the 3rd quarter. Ulland Investment Advisors LLC now owns 18,260 shares of the semiconductor company’s stock worth $519,000 after buying an additional 500 shares during the period. Arizona State Retirement System increased its stake in Amkor Technology by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 36,553 shares of the semiconductor company’s stock worth $1,038,000 after buying an additional 503 shares in the last quarter. Finally, Advisors Asset Management Inc. raised its holdings in Amkor Technology by 24.5% during the second quarter. Advisors Asset Management Inc. now owns 2,784 shares of the semiconductor company’s stock valued at $58,000 after acquiring an additional 548 shares during the period. 42.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on AMKR. B. Riley increased their price objective on Amkor Technology from $18.00 to $24.00 and gave the company a “neutral” rating in a research report on Tuesday, July 29th. Needham & Company LLC upped their target price on Amkor Technology from $32.00 to $37.00 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Morgan Stanley reissued an “equal weight” rating on shares of Amkor Technology in a research note on Tuesday, July 29th. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday, October 8th. Finally, DA Davidson upped their price objective on shares of Amkor Technology from $30.00 to $40.00 and gave the company a “buy” rating in a research note on Tuesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $29.63.

Amkor Technology Company Profile

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.