Amkor Technology (NASDAQ:AMKR) Rating Lowered to “Hold” at Zacks Research

Amkor Technology (NASDAQ:AMKR) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Wednesday,Zacks.com reports.

Several other equities research analysts have also recently commented on AMKR. Needham & Company LLC lifted their target price on Amkor Technology from $50.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. B. Riley Financial lifted their price objective on Amkor Technology from $29.00 to $48.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. JPMorgan Chase & Co. boosted their price objective on Amkor Technology from $32.00 to $65.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. Wall Street Zen upgraded shares of Amkor Technology from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Amkor Technology in a research report on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, Amkor Technology currently has a consensus rating of “Hold” and an average target price of $49.86.

Amkor Technology Price Performance

AMKR opened at $48.49 on Wednesday. The stock has a fifty day moving average price of $47.60 and a 200 day moving average price of $36.92. Amkor Technology has a 1 year low of $14.03 and a 1 year high of $57.09. The stock has a market cap of $11.99 billion, a price-to-earnings ratio of 32.11 and a beta of 2.00. The company has a current ratio of 2.27, a quick ratio of 2.01 and a debt-to-equity ratio of 0.28.

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

Insider Buying and Selling at Amkor Technology

In other Amkor Technology news, EVP Kevin Engel sold 11,000 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $46.21, for a total transaction of $508,310.00. Following 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 document filed with the SEC, which is available at this hyperlink. Also, Director Gil C. Tily sold 20,000 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $46.44, for a total transaction of $928,800.00. Following the sale, the director directly owned 123,806 shares in the company, valued at approximately $5,749,550.64. The trade was a 13.91% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 98,500 shares of company stock worth $4,720,685. 26.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Amkor Technology

Institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in Amkor Technology by 4.6% during the 3rd quarter. Vanguard Group Inc. now owns 15,779,847 shares of the semiconductor company’s stock worth $448,148,000 after buying an additional 687,900 shares during the period. AQR Capital Management LLC increased its stake in shares of Amkor Technology by 18.4% in 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 period. American Century Companies Inc. raised its position in shares of Amkor Technology by 0.5% during the third quarter. American Century Companies Inc. now owns 3,835,987 shares of the semiconductor company’s stock worth $108,942,000 after acquiring an additional 17,656 shares during the last quarter. State Street Corp raised its holdings in Amkor Technology by 1.4% during the 4th quarter. State Street Corp now owns 3,473,925 shares of the semiconductor company’s stock worth $137,151,000 after purchasing an additional 47,514 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in shares of Amkor Technology by 37.4% in the 4th quarter. First Trust Advisors LP now owns 2,722,310 shares of the semiconductor company’s stock worth $107,477,000 after purchasing an additional 740,701 shares during the period. Institutional investors own 42.76% of the company’s stock.

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.