Moody National Bank Trust Division bought a new stake in Amkor Technology, Inc. (NASDAQ:AMKR – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 20,682 shares of the semiconductor company’s stock, valued at approximately $587,000.
Several other large investors have also recently made changes to their positions in the company. Deutsche Bank AG lifted its holdings in Amkor Technology by 11.8% in the 1st quarter. Deutsche Bank AG now owns 21,429 shares of the semiconductor company’s stock valued at $387,000 after purchasing an additional 2,255 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Amkor Technology by 201.4% in the first quarter. Invesco Ltd. now owns 1,364,719 shares of the semiconductor company’s stock worth $24,647,000 after buying an additional 911,886 shares in the last quarter. Nuveen LLC acquired a new position in Amkor Technology during the first quarter worth about $4,813,000. Russell Investments Group Ltd. grew its stake in Amkor Technology by 64.9% during the 1st quarter. Russell Investments Group Ltd. now owns 285,820 shares of the semiconductor company’s stock valued at $5,162,000 after acquiring an additional 112,465 shares in the last quarter. Finally, Fox Run Management L.L.C. acquired a new stake in Amkor Technology in the 1st quarter valued at about $182,000. 42.76% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on AMKR. The Goldman Sachs Group upped their price target on Amkor Technology from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Tuesday, October 28th. Needham & Company LLC raised their target price on Amkor Technology from $32.00 to $37.00 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. JPMorgan Chase & Co. lifted their price target on Amkor Technology from $27.00 to $32.00 and gave the stock an “overweight” rating in a report on Tuesday, October 28th. Wall Street Zen lowered shares of Amkor Technology from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Finally, Zacks Research cut shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 25th. Four analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $29.63.
Amkor Technology Stock Performance
Shares of Amkor Technology stock opened at $39.30 on Friday. The firm has a market cap of $9.71 billion, a PE ratio of 31.44 and a beta of 1.99. The company has a quick ratio of 1.60, a current ratio of 1.77 and a debt-to-equity ratio of 0.29. Amkor Technology, Inc. has a 52 week low of $14.03 and a 52 week high of $47.28. The business’s fifty day simple moving average is $35.58 and its 200-day simple moving average is $27.76.
Amkor Technology (NASDAQ:AMKR – Get Free Report) last issued its quarterly earnings data on Monday, October 27th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.09. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.93 billion. During the same period in the previous year, the firm earned $0.49 EPS. Amkor Technology’s revenue was up 6.7% on a year-over-year basis. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. Equities 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. Stockholders of record on Wednesday, December 3rd will be issued a $0.0835 dividend. The ex-dividend date is Wednesday, December 3rd. This represents a $0.33 annualized dividend and a dividend yield of 0.9%. This is an increase from Amkor Technology’s previous quarterly dividend of $0.08. Amkor Technology’s dividend payout ratio (DPR) is currently 26.40%.
Insider Activity
In other 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 completion of the transaction, the chief executive officer directly owned 346,699 shares in the company, valued at $10,983,424.32. This trade represents a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Mark N. Rogers sold 20,000 shares of Amkor Technology stock in a transaction on Monday, November 17th. The shares were sold at an average price of $31.69, for a total value of $633,800.00. Following the completion of the sale, the executive vice president directly owned 23,862 shares of the company’s stock, valued at $756,186.78. The trade was a 45.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 101,000 shares of company stock worth $3,915,510 in the last three months. 26.90% of the stock is currently owned by corporate insiders.
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.
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