Amkor Technology (NASDAQ:AMKR) EVP Sells $508,310.00 in Stock

Amkor Technology, Inc. (NASDAQ:AMKR) EVP Kevin Engel sold 11,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $46.21, for a total transaction of $508,310.00. Following the completion of the transaction, the executive vice president owned 349 shares in the company, valued at $16,127.29. This represents a 96.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Amkor Technology Trading Down 8.3%

AMKR traded down $3.63 during trading on Tuesday, hitting $40.28. 5,377,714 shares of the stock traded hands, compared to its average volume of 2,467,854. The firm has a market capitalization of $9.96 billion, a P/E ratio of 32.22 and a beta of 1.99. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.77 and a quick ratio of 1.60. The firm has a 50-day moving average of $35.03 and a 200 day moving average of $27.45. Amkor Technology, Inc. has a 12-month low of $14.03 and a 12-month high of $47.28.

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

Amkor Technology Increases Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on AMKR shares. DA Davidson boosted their target price on Amkor Technology from $30.00 to $40.00 and gave the company a “buy” rating in a research note on Tuesday, October 28th. The Goldman Sachs Group increased their price target on shares of Amkor Technology from $26.00 to $29.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 28th. JPMorgan Chase & Co. raised their price objective on shares of Amkor Technology from $27.00 to $32.00 and gave the stock an “overweight” rating in a report on Tuesday, October 28th. 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 report on Tuesday, October 28th. Finally, Wall Street Zen lowered Amkor Technology from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. Four equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $29.63.

Institutional Investors Weigh In On Amkor Technology

A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in Amkor Technology by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 16,025,236 shares of the semiconductor company’s stock valued at $289,416,000 after buying an additional 361,010 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Amkor Technology by 2.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 13,398,430 shares of the semiconductor company’s stock valued at $241,980,000 after buying an additional 365,975 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Amkor Technology by 18.4% during the third quarter. AQR Capital Management LLC now owns 4,211,529 shares of the semiconductor company’s stock valued at $119,607,000 after buying an additional 653,489 shares during the last quarter. American Century Companies Inc. lifted its stake in Amkor Technology by 0.5% in the 3rd quarter. American Century Companies Inc. now owns 3,835,987 shares of the semiconductor company’s stock worth $108,942,000 after purchasing an additional 17,656 shares in the last quarter. Finally, Earnest Partners LLC raised its stake in Amkor Technology by 0.3% during the first quarter. Earnest Partners LLC now owns 2,334,787 shares of the semiconductor company’s stock valued at $42,166,000 after purchasing an additional 6,216 shares in the last quarter. Institutional investors own 42.76% of the company’s stock.

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.