Amkor Technology (NASDAQ:AMKR) Director Gil Tily Sells 20,000 Shares

Amkor Technology, Inc. (NASDAQ:AMKR) Director Gil Tily sold 20,000 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $46.44, for a total value of $928,800.00. Following the completion of the sale, the director owned 123,806 shares of the company’s stock, valued at $5,749,550.64. This trade represents a 13.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Amkor Technology Stock Performance

Shares of NASDAQ:AMKR traded down $3.63 during mid-day trading on Tuesday, reaching $40.28. 5,377,714 shares of the company traded hands, compared to its average volume of 2,467,854. The company’s 50 day moving average price is $35.03 and its 200-day moving average price is $27.45. The firm has a market cap of $9.96 billion, a PE ratio of 32.22 and a beta of 1.99. Amkor Technology, Inc. has a 52 week low of $14.03 and a 52 week high of $47.28. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.77 and a quick ratio of 1.60.

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

Amkor Technology Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Investors of record on Wednesday, December 3rd will be given a $0.0835 dividend. This is a boost from Amkor Technology’s previous quarterly dividend of $0.08. This represents a $0.33 annualized dividend and a yield of 0.8%. The ex-dividend date is Wednesday, December 3rd. Amkor Technology’s dividend payout ratio (DPR) is presently 26.40%.

Hedge Funds Weigh In On Amkor Technology

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its position in Amkor Technology by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 16,025,236 shares of the semiconductor company’s stock worth $289,416,000 after purchasing an additional 361,010 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Amkor Technology by 4.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,092,078 shares of the semiconductor company’s stock valued at $37,783,000 after buying an additional 85,805 shares during the period. Deutsche Bank AG grew its stake in shares of Amkor Technology by 11.8% during the first quarter. Deutsche Bank AG now owns 21,429 shares of the semiconductor company’s stock valued at $387,000 after buying an additional 2,255 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Amkor Technology by 201.4% in the first quarter. Invesco Ltd. now owns 1,364,719 shares of the semiconductor company’s stock worth $24,647,000 after buying an additional 911,886 shares during the period. Finally, Nuveen LLC bought a new stake in shares of Amkor Technology during the 1st quarter worth approximately $4,813,000. 42.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on AMKR. Wall Street Zen cut shares of Amkor Technology from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. Needham & Company LLC increased their price target on shares of Amkor Technology from $32.00 to $37.00 and gave the company a “buy” rating in a report on Tuesday, October 28th. JPMorgan Chase & Co. lifted their price target on Amkor Technology from $27.00 to $32.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, October 8th. Finally, The Goldman Sachs Group upped their price objective on Amkor Technology from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Tuesday, October 28th. Four analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $29.63.

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.