Key Points
- Director Douglas Alexander sold 5,000 Amkor Technology shares at an average price of $55.81, generating $279,050. The Rule 10b5-1 transaction reduced his direct holdings by 14.66% to 29,109 shares.
- Amkor reported stronger-than-expected quarterly results, with EPS of $0.70 versus the $0.47 consensus estimate and revenue of $1.90 billion, up 25.6% year over year. The company guided for third-quarter EPS of $0.72–$0.82.
- Analysts maintain a “Moderate Buy” consensus rating, with an average price target of $68.12, although targets range from $65 to $90. Institutional investors own approximately 42.76% of the company.
Amkor Technology, Inc. (NASDAQ:AMKR - Get Free Report) Director Douglas Alexander sold 5,000 shares of Amkor Technology stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $55.81, for a total value of $279,050.00. Following the transaction, the director directly owned 29,109 shares in the company, valued at approximately $1,624,573.29. The trade was a 14.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amkor Technology Trading Up 2.7%
Shares of Amkor Technology stock opened at $54.30 on Wednesday. The company has a market capitalization of $13.49 billion, a P/E ratio of 24.35 and a beta of 2.24. The stock has a fifty day simple moving average of $69.23 and a 200 day simple moving average of $60.88. Amkor Technology, Inc. has a 12-month low of $22.74 and a 12-month high of $96.68. The company has a current ratio of 2.17, a quick ratio of 1.91 and a debt-to-equity ratio of 0.50.
Amkor Technology (NASDAQ:AMKR - Get Free Report) last issued its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.23. The business had revenue of $1.90 billion for the quarter, compared to analysts' expectations of $1.81 billion. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The business's revenue was up 25.6% on a year-over-year basis. During the same period last year, the business earned $0.22 EPS. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, sell-side analysts anticipate that Amkor Technology, Inc. will post 2.62 earnings per share for the current fiscal year.
Institutional Trading of Amkor Technology
A number of large investors have recently added to or reduced their stakes in AMKR. IFP Advisors Inc raised its position in Amkor Technology by 91.2% in the third quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company's stock worth $27,000 after acquiring an additional 447 shares during the period. Smartleaf Asset Management LLC boosted 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. Root Financial Partners LLC grew its position in shares of Amkor Technology by 38.8% during the 4th quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company's stock valued at $37,000 after acquiring an additional 262 shares during the period. CoreCap Advisors LLC grew its position in shares of Amkor Technology by 56.4% during the 2nd quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company's stock valued at $38,000 after acquiring an additional 158 shares during the period. Finally, Advisors Asset Management Inc. increased its stake in shares of Amkor Technology by 61.8% during the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company's stock worth $40,000 after purchasing an additional 854 shares during the last quarter. Hedge funds and other institutional investors own 42.76% of the company's stock.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on AMKR. 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 report on Tuesday, July 28th. Zacks Research upgraded shares of Amkor Technology from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 20th. Weiss Ratings raised shares of Amkor Technology from a "hold (c)" rating to a "hold (c+)" rating in a research report on Friday, July 31st. Morgan Stanley boosted their target price on Amkor Technology from $69.00 to $70.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 28th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $90.00 price target on shares of Amkor Technology in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $68.12.
Check Out Our Latest Stock Report 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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