Key Points
- EVP Mark Rogers sold 5,000 shares on January 16 at an average price of $49.28 for a total of $246,400, reducing his direct ownership by 17.32% to 23,862 shares.
- Amkor reported better-than-expected results with $0.51 EPS versus $0.42 consensus and revenue of $1.99 billion (up 6.7% year-over-year), and it raised its quarterly dividend to $0.0835 ($0.33 annualized, ~0.7% yield).
Amkor Technology, Inc. (NASDAQ:AMKR - Get Free Report) EVP Mark Rogers sold 5,000 shares of the stock in a transaction on Friday, January 16th. The shares were sold at an average price of $49.28, for a total value of $246,400.00. Following the transaction, the executive vice president directly owned 23,862 shares of the company's stock, valued at approximately $1,175,919.36. The trade was a 17.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Amkor Technology Stock Up 2.2%
AMKR opened at $49.05 on Wednesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.60 and a current ratio of 1.77. The company has a market capitalization of $12.12 billion, a PE ratio of 39.24 and a beta of 1.99. The stock's fifty day moving average is $41.47 and its 200-day moving average is $31.94. Amkor Technology, Inc. has a one year low of $14.03 and a one year high of $54.20.
Amkor Technology (NASDAQ:AMKR - Get Free Report) last released 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 analyst estimates of $1.93 billion. During the same period in the previous year, the company earned $0.49 earnings per share. Amkor Technology'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. On average, equities analysts predict that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.
Amkor Technology Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Wednesday, December 3rd were paid a $0.0835 dividend. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. This is an increase from Amkor Technology's previous quarterly dividend of $0.08. Amkor Technology's dividend payout ratio is presently 26.40%.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on AMKR. B. Riley lifted their price target on shares of Amkor Technology from $29.00 to $48.00 and gave the stock a "neutral" rating in a research report on Thursday, January 15th. William Blair upgraded Amkor Technology to a "neutral" rating in a report on Monday, January 12th. Wall Street Zen lowered Amkor Technology from a "buy" rating to a "hold" rating in a research report on Saturday, January 10th. Needham & Company LLC increased their price target on Amkor Technology from $37.00 to $50.00 and gave the company a "buy" rating in a research report on Monday, January 5th. Finally, 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 research note on Tuesday, October 28th. Three research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $39.14.
Read Our Latest Stock Analysis on AMKR
Institutional Trading of Amkor Technology
Hedge funds have recently modified their holdings of the business. Sequoia Financial Advisors LLC purchased a new position in shares of Amkor Technology during the second quarter valued at $311,000. Mirae Asset Global Investments Co. Ltd. boosted its position in Amkor Technology by 5.0% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 394,690 shares of the semiconductor company's stock worth $8,285,000 after acquiring an additional 18,737 shares during the period. CWM LLC grew its stake in Amkor Technology by 85.3% during the 2nd quarter. CWM LLC now owns 51,940 shares of the semiconductor company's stock valued at $1,090,000 after acquiring an additional 23,914 shares in the last quarter. WINTON GROUP Ltd increased its holdings in shares of Amkor Technology by 70.4% in the 2nd quarter. WINTON GROUP Ltd now owns 97,108 shares of the semiconductor company's stock valued at $2,038,000 after purchasing an additional 40,129 shares during the period. Finally, Allianz Asset Management GmbH lifted its position in shares of Amkor Technology by 118.5% in the second quarter. Allianz Asset Management GmbH now owns 353,370 shares of the semiconductor company's stock worth $7,417,000 after purchasing an additional 191,626 shares in the last quarter. Hedge funds and other institutional investors own 42.76% of the company's stock.
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.
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