Amkor Technology (NASDAQ:AMKR) Trading Up 7.5% – Still a Buy?

Amkor Technology, Inc. (NASDAQ:AMKR)’s share price was up 7.5% during trading on Tuesday . The company traded as high as $49.20 and last traded at $49.5790. Approximately 914,946 shares were traded during trading, a decline of 80% from the average daily volume of 4,591,561 shares. The stock had previously closed at $46.12.

Analyst Upgrades and Downgrades

AMKR has been the subject of several research analyst reports. Wall Street Zen downgraded shares of Amkor Technology from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 21st. Needham & Company LLC increased their price target on shares of Amkor Technology from $50.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. The Goldman Sachs Group raised their price objective on shares of Amkor Technology from $38.00 to $43.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 10th. Morgan Stanley upped their target price on Amkor Technology from $28.00 to $45.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 10th. Finally, William Blair upgraded Amkor Technology to a “neutral” rating in a research note on Monday, January 12th. Three analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $49.86.

Amkor Technology Stock Performance

The stock’s 50-day simple moving average is $47.83 and its 200-day simple moving average is $39.86. The stock has a market cap of $11.67 billion, a price-to-earnings ratio of 31.23 and a beta of 1.94. 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 released its earnings results 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. The company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.84 billion. Amkor Technology had a return on equity of 8.66% and a net margin of 5.57%.Amkor Technology’s quarterly revenue was up 15.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.43 EPS. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. Analysts forecast that Amkor Technology, Inc. will post 1.47 earnings per share for the current fiscal year.

Amkor Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th will be issued a $0.0835 dividend. This represents a $0.33 annualized dividend 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 currently 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 shares were sold at an average price of $44.54, for a total transaction of $222,700.00. Following the completion of the sale, the executive vice president owned 38,904 shares of the company’s stock, valued at approximately $1,732,784.16. This represents a 11.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Kevin K. Engel sold 12,500 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $48.75, for a total transaction of $609,375.00. Following the sale, the chief executive officer owned 2,953 shares in the company, valued at $143,958.75. This represents a 80.89% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 52,500 shares of company stock worth $2,585,875. 26.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Amkor Technology

Several hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its position in shares of 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 last quarter. AQR Capital Management LLC raised its stake in 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 acquiring an additional 653,489 shares in the last quarter. American Century Companies Inc. lifted its holdings 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 acquiring an additional 17,656 shares during the last quarter. State Street Corp boosted its stake in shares of Amkor Technology by 1.4% in the 4th quarter. State Street Corp now owns 3,473,925 shares of the semiconductor company’s stock valued at $137,151,000 after purchasing an additional 47,514 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake 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 valued at $107,477,000 after purchasing an additional 740,701 shares in the last quarter. Institutional investors own 42.76% of the company’s stock.

Amkor Technology Company Profile

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.