Guillaume Marie Jean Rutten Sells 25,000 Shares of Amkor Technology (NASDAQ:AMKR) Stock

Amkor Technology, Inc. (NASDAQ:AMKRGet Free Report) Director Guillaume Marie Jean Rutten sold 25,000 shares of Amkor Technology stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $55.35, for a total transaction of $1,383,750.00. Following the sale, the director owned 486,732 shares of the company’s stock, valued at approximately $26,940,616.20. This represents a 4.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Amkor Technology Price Performance

Amkor Technology stock opened at $55.27 on Friday. The company’s 50 day simple moving average is $70.04 and its 200-day simple moving average is $60.75. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17. Amkor Technology, Inc. has a 1 year low of $22.68 and a 1 year high of $96.68. The company has a market capitalization of $13.73 billion, a price-to-earnings ratio of 24.78 and a beta of 2.24.

Amkor Technology (NASDAQ:AMKRGet Free Report) last posted its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.23. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The firm had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter last year, the company posted $0.22 EPS. The firm’s quarterly revenue was up 25.6% on a year-over-year basis. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, equities research analysts expect that Amkor Technology, Inc. will post 2.62 earnings per share for the current year.

Amkor Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Wednesday, June 3rd were given a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Wednesday, June 3rd. Amkor Technology’s dividend payout ratio (DPR) is currently 14.80%.

Institutional Trading of Amkor Technology

Several hedge funds have recently modified their holdings of AMKR. Bessemer Group Inc. increased its holdings in Amkor Technology by 12.5% during the 1st quarter. Bessemer Group Inc. now owns 1,216 shares of the semiconductor company’s stock worth $55,000 after purchasing an additional 135 shares during the period. Arista Wealth Management LLC boosted its stake in shares of Amkor Technology by 1.2% in the 2nd quarter. Arista Wealth Management LLC now owns 13,642 shares of the semiconductor company’s stock valued at $1,176,000 after buying an additional 157 shares during the period. CoreCap Advisors LLC boosted its stake in shares of Amkor Technology by 56.4% in the 2nd quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 158 shares during the period. O Shaughnessy Asset Management LLC grew its position in shares of Amkor Technology by 2.1% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 9,799 shares of the semiconductor company’s stock worth $387,000 after buying an additional 202 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC grew its position in shares of Amkor Technology by 0.6% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 36,221 shares of the semiconductor company’s stock worth $1,430,000 after buying an additional 218 shares in the last quarter. 42.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on AMKR shares. Morgan Stanley boosted their price objective on Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating in a report on Tuesday, July 28th. UBS Group upgraded Amkor Technology from a “neutral” rating to a “buy” rating and raised their target price for the company from $80.00 to $90.00 in a report on Friday, July 24th. Weiss Ratings raised Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. B. Riley Financial cut their price target on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 28th. Finally, The Goldman Sachs Group increased their price target on shares of Amkor Technology from $43.00 to $65.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Amkor Technology presently has a consensus rating of “Moderate Buy” and an average target price of $68.12.

Read Our Latest Stock Analysis on AMKR

Amkor Technology Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Amkor Technology (NASDAQ:AMKR)

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