Amkor Technology, Inc. (NASDAQ:AMKR - Get Free Report) CEO Kevin Engel sold 12,500 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $48.75, for a total transaction of $609,375.00. Following the completion of the sale, the chief executive officer owned 2,953 shares of the company's stock, valued at approximately $143,958.75. This represents a 80.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Kevin Engel also recently made the following trade(s):
- On Friday, December 12th, Kevin Engel sold 11,000 shares of Amkor Technology stock. The stock was sold at an average price of $46.21, for a total transaction of $508,310.00.
Amkor Technology Trading Down 4.8%
Shares of AMKR stock opened at $48.49 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.01 and a current ratio of 2.27. The company has a market capitalization of $11.99 billion, a price-to-earnings ratio of 32.11 and a beta of 2.00. Amkor Technology, Inc. has a 52-week low of $14.03 and a 52-week high of $57.09. The company has a 50-day simple moving average of $47.60 and a two-hundred day simple moving average of $36.92.
Amkor Technology (NASDAQ:AMKR - Get Free Report) last posted its earnings results on Monday, February 9th. The semiconductor company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.43 by $0.26. The firm had revenue of $1.89 billion for the quarter, compared to analysts' expectations of $1.84 billion. Amkor Technology had a net margin of 5.57% and a return on equity of 8.66%. The company's quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.43 EPS. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. Research analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.
Amkor Technology Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th will be paid a $0.0835 dividend. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, March 12th. Amkor Technology's dividend payout ratio is 21.85%.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in AMKR. Salomon & Ludwin LLC purchased a new stake in shares of Amkor Technology in the third quarter worth $25,000. Bessemer Group Inc. increased its position in shares of Amkor Technology by 72.1% in the third quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 391 shares during the last quarter. IFP Advisors Inc increased its holdings in shares of Amkor Technology by 91.2% in the 3rd quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company's stock worth $27,000 after buying an additional 447 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in Amkor Technology by 180.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company's stock valued at $28,000 after acquiring an additional 440 shares during the last quarter. Finally, Hantz Financial Services Inc. increased its position in shares of Amkor Technology by 1,050.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 1,250 shares during the last quarter. Institutional investors own 42.76% of the company's stock.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. B. Riley Financial boosted their price target on shares of Amkor Technology from $29.00 to $48.00 and gave the stock a "neutral" rating in a report on Thursday, January 15th. William Blair raised shares of Amkor Technology to a "neutral" rating in a research report on Monday, January 12th. Weiss Ratings reiterated a "hold (c)" rating on shares of Amkor Technology in a research note on Wednesday, January 21st. Wall Street Zen upgraded shares of Amkor Technology from a "hold" rating to a "buy" rating in a research note on Saturday, February 14th. Finally, Zacks Research downgraded Amkor Technology from a "strong-buy" rating to a "hold" rating in a research note on Wednesday. Three investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $49.86.
Get Our Latest Analysis on Amkor Technology
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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