Amkor Technology (NASDAQ:AMKR) Sets New 1-Year High – Here’s What Happened

Amkor Technology, Inc. (NASDAQ:AMKR)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $39.00 and last traded at $39.4690, with a volume of 356849 shares changing hands. The stock had previously closed at $37.74.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Zacks Research downgraded Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 25th. The Goldman Sachs Group boosted their target price on Amkor Technology from $26.00 to $29.00 and gave the stock a “neutral” rating in a report on Tuesday, October 28th. DA Davidson raised their price target on Amkor Technology from $30.00 to $40.00 and gave the company a “buy” rating in a report on Tuesday, October 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a research report on Wednesday, October 8th. Finally, Wall Street Zen raised shares of Amkor Technology from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Four research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $29.63.

Amkor Technology Price Performance

The company has a quick ratio of 1.70, a current ratio of 1.77 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $9.82 billion, a price-to-earnings ratio of 31.79 and a beta of 2.02. The business’s 50 day simple moving average is $32.05 and its 200-day simple moving average is $25.66.

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

Amkor Technology Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Investors of record on Wednesday, December 3rd will be given a dividend of $0.0835 per share. The ex-dividend date is Wednesday, December 3rd. This represents a $0.33 dividend on an annualized basis and a yield of 0.8%. This is a positive change from Amkor Technology’s previous quarterly dividend of $0.08. Amkor Technology’s dividend payout ratio is currently 26.40%.

Insider Buying and Selling at Amkor Technology

In related news, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $31.68, for a total transaction of $316,800.00. Following the sale, the chief executive officer owned 346,699 shares of the company’s stock, valued at $10,983,424.32. This trade represents a 2.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Mark N. Rogers sold 20,000 shares of the business’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $31.69, for a total value of $633,800.00. Following the sale, the executive vice president owned 23,862 shares in the company, valued at $756,186.78. This represents a 45.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 61,792 shares of company stock worth $1,852,800 over the last quarter. Corporate insiders own 26.90% of the company’s stock.

Institutional Trading of Amkor Technology

A number of hedge funds have recently made changes to their positions in AMKR. Vanguard Group Inc. increased its stake in shares of Amkor Technology by 2.3% in the first 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 period. Dimensional Fund Advisors LP raised its stake in shares of Amkor Technology by 2.8% during the first quarter. Dimensional Fund Advisors LP now owns 13,398,430 shares of the semiconductor company’s stock valued at $241,980,000 after acquiring an additional 365,975 shares during the last quarter. AQR Capital Management LLC lifted its holdings 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 worth $119,607,000 after purchasing an additional 653,489 shares during the period. American Century Companies Inc. grew its stake in shares of Amkor Technology by 0.5% in the third 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 during the last quarter. Finally, SW Investment Management LLC increased its holdings in Amkor Technology by 89.3% in the first quarter. SW Investment Management LLC now owns 2,650,000 shares of the semiconductor company’s stock valued at $47,859,000 after purchasing an additional 1,250,000 shares during the period. 42.76% of the stock is owned by institutional investors and hedge funds.

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.