Envestnet Asset Management Inc. Acquires 167,748 Shares of Amkor Technology, Inc. $AMKR

Envestnet Asset Management Inc. grew its holdings in Amkor Technology, Inc. (NASDAQ:AMKR) by 27.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 779,849 shares of the semiconductor company’s stock after buying an additional 167,748 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Amkor Technology were worth $16,369,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Royal Bank of Canada increased its position in Amkor Technology by 100.6% in the 1st quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock valued at $349,000 after acquiring an additional 3,454,012 shares in the last quarter. SW Investment Management LLC lifted its position in shares of Amkor Technology by 89.3% during the first quarter. SW Investment Management LLC now owns 2,650,000 shares of the semiconductor company’s stock worth $47,859,000 after purchasing an additional 1,250,000 shares in the last quarter. Invesco Ltd. grew its stake in shares of Amkor Technology by 201.4% during the first quarter. Invesco Ltd. now owns 1,364,719 shares of the semiconductor company’s stock valued at $24,647,000 after purchasing an additional 911,886 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Amkor Technology by 41.8% in the first quarter. AQR Capital Management LLC now owns 2,572,313 shares of the semiconductor company’s stock valued at $45,967,000 after purchasing an additional 757,956 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its holdings in shares of Amkor Technology by 111.4% in the first quarter. Jacobs Levy Equity Management Inc. now owns 1,426,515 shares of the semiconductor company’s stock valued at $25,763,000 after purchasing an additional 751,730 shares in the last quarter. Institutional investors and hedge funds own 42.76% of the company’s stock.

Insider Buying and Selling

In related news, EVP Farshad Haghighi sold 11,792 shares of the company’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $25.00, for a total value of $294,800.00. Following the completion of the sale, the executive vice president owned 8,354 shares in the company, valued at $208,850. This represents a 58.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the company’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $30.74, for a total transaction of $307,400.00. Following the completion of the sale, the chief executive officer owned 356,699 shares of the company’s stock, valued at approximately $10,964,927.26. This represents a 2.73% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 31,792 shares of company stock valued at $902,200. Corporate insiders own 26.90% of the company’s stock.

Amkor Technology Stock Down 3.8%

Shares of Amkor Technology stock opened at $35.15 on Friday. The business has a fifty day simple moving average of $29.41 and a 200 day simple moving average of $23.71. The stock has a market cap of $8.69 billion, a PE ratio of 28.12 and a beta of 2.02. The company has a quick ratio of 1.70, a current ratio of 1.77 and a debt-to-equity ratio of 0.29. Amkor Technology, Inc. has a 12 month low of $14.03 and a 12 month high of $38.22.

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

Amkor Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Wednesday, September 3rd were paid a dividend of $0.0827 per share. The ex-dividend date of this dividend was Wednesday, September 3rd. This represents a $0.33 annualized dividend and a yield of 0.9%. Amkor Technology’s dividend payout ratio (DPR) is presently 26.40%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. B. Riley increased their price objective on Amkor Technology from $18.00 to $24.00 and gave the company a “neutral” rating in a research report on Tuesday, July 29th. JPMorgan Chase & Co. upped their price target on Amkor Technology from $27.00 to $32.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. DA Davidson lifted their price objective on Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Needham & Company LLC boosted their price objective on Amkor Technology from $32.00 to $37.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Finally, Zacks Research upgraded shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.63.

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.