Amkor Technology, Inc. (NASDAQ:AMKR - Get Free Report) EVP Mark Rogers sold 5,000 shares of the stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $59.43, for a total value of $297,150.00. Following the completion of the transaction, the executive vice president directly owned 38,904 shares of the company's stock, valued at approximately $2,312,064.72. The trade was a 11.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.
Amkor Technology Trading Up 3.1%
Shares of AMKR opened at $69.44 on Tuesday. Amkor Technology, Inc. has a 1 year low of $15.24 and a 1 year high of $69.69. The company has a current ratio of 2.27, a quick ratio of 2.01 and a debt-to-equity ratio of 0.28. The stock has a 50 day simple moving average of $49.28 and a 200-day simple moving average of $43.19. The stock has a market cap of $17.21 billion, a PE ratio of 45.99 and a beta of 1.94.
Amkor Technology (NASDAQ:AMKR - Get Free Report) last announced its earnings results on Monday, February 9th. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.43 by $0.26. The business had revenue of $1.89 billion during 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 firm's revenue for the quarter was up 15.9% on a year-over-year basis. During the same quarter last year, the company posted $0.43 EPS. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. On average, sell-side analysts predict that Amkor Technology, Inc. will post 1.62 EPS for the current fiscal year.
Amkor Technology Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 12th were given a dividend of $0.0835 per share. The ex-dividend date was Thursday, March 12th. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.5%. Amkor Technology's dividend payout ratio (DPR) is 21.85%.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on AMKR shares. JPMorgan Chase & Co. increased their target price on shares of Amkor Technology from $32.00 to $65.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 10th. Wall Street Zen cut Amkor Technology from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 21st. Melius Research raised Amkor Technology from a "hold" rating to a "buy" rating and set a $60.00 price target for the company in a report on Monday, April 6th. The Goldman Sachs Group raised their price target on Amkor Technology from $38.00 to $43.00 and gave the company a "neutral" rating in a report on Tuesday, February 10th. Finally, William Blair raised Amkor Technology to a "neutral" rating in a report on Monday, January 12th. Four equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $51.13.
View Our Latest Research Report on Amkor Technology
Institutional Investors Weigh In On Amkor Technology
Several hedge funds and other institutional investors have recently added to or reduced their stakes in AMKR. Salomon & Ludwin LLC acquired a new stake in Amkor Technology in the 3rd quarter valued at about $25,000. Bessemer Group Inc. increased its stake in shares of Amkor Technology by 72.1% in the 3rd quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company's stock valued at $26,000 after buying an additional 391 shares during the period. IFP Advisors Inc increased its stake 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 valued at $27,000 after buying an additional 447 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of Amkor Technology by 180.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company's stock valued at $28,000 after buying an additional 440 shares during the period. Finally, Root Financial Partners LLC increased its stake in shares of Amkor Technology by 38.8% in the 4th quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company's stock valued at $37,000 after buying an additional 262 shares during the period. Institutional investors and hedge funds own 42.76% of the company's stock.
About Amkor Technology
(
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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
