Amkor Technology (NASDAQ:AMKR) Cut to Buy at Wall Street Zen

Wall Street Zen cut shares of Amkor Technology (NASDAQ:AMKR) from a strong-buy rating to a buy rating in a research report sent to investors on Saturday.

Several other brokerages have also issued reports on AMKR. The Goldman Sachs Group boosted their price target on Amkor Technology from $38.00 to $43.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Morgan Stanley raised their price objective on shares of Amkor Technology from $28.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 10th. Zacks Research lowered shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. UBS Group set a $43.00 target price on shares of Amkor Technology in a research report on Tuesday, February 10th. Finally, JPMorgan Chase & Co. increased their target price on shares of Amkor Technology from $32.00 to $65.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 10th. Three investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Amkor Technology presently has an average rating of “Hold” and a consensus target price of $49.86.

Amkor Technology Stock Performance

Shares of AMKR opened at $46.12 on Friday. The company has a current ratio of 2.27, a quick ratio of 2.01 and a debt-to-equity ratio of 0.28. The firm’s fifty day simple moving average is $47.84 and its two-hundred day simple moving average is $39.61. Amkor Technology has a 12 month low of $14.03 and a 12 month high of $57.09. The stock has a market capitalization of $11.41 billion, a P/E ratio of 30.54 and a beta of 1.94.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.26. Amkor Technology had a return on equity of 8.66% and a net margin of 5.57%.The firm had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.84 billion. During the same period last year, the company posted $0.43 EPS. The business’s quarterly revenue was up 15.9% on a year-over-year basis. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. As a group, analysts predict that Amkor Technology will post 1.47 EPS for the current year.

Amkor Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th will be paid a $0.0835 dividend. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, March 12th. Amkor Technology’s dividend payout ratio (DPR) is 21.85%.

Insider Activity

In other news, EVP Mark N. Rogers sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $44.54, for a total transaction of $222,700.00. Following the transaction, the executive vice president directly owned 38,904 shares of the company’s stock, valued at $1,732,784.16. This represents a 11.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Kevin K. Engel sold 12,500 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $48.75, for a total value of $609,375.00. Following the completion of the transaction, the chief executive officer owned 2,953 shares in the company, valued at approximately $143,958.75. This represents a 80.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 52,500 shares of company stock worth $2,585,875 over the last quarter. 26.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Royal Bank of Canada increased its position in shares of Amkor Technology by 100.6% during the first quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock worth $349,000 after acquiring an additional 3,454,012 shares in the last quarter. Fisher Asset Management LLC lifted its position in Amkor Technology by 204.5% in the 4th quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock valued at $82,712,000 after acquiring an additional 1,407,109 shares in the last quarter. Norges Bank acquired a new position in Amkor Technology during the 4th quarter valued at about $53,702,000. Arrowstreet Capital Limited Partnership boosted its stake in Amkor Technology by 305.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,574,607 shares of the semiconductor company’s stock valued at $44,719,000 after purchasing an additional 1,186,313 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in Amkor Technology by 38.3% during the 2nd quarter. AQR Capital Management LLC now owns 3,558,040 shares of the semiconductor company’s stock worth $74,541,000 after purchasing an additional 985,727 shares in the last quarter. 42.76% of the stock is owned by institutional investors.

About Amkor Technology

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.