Key Points
- Amkor Technology EVP Mark Rogers sold 5,000 shares at an average price of $59.78, totaling $298,900. The transaction was conducted under a pre-arranged Rule 10b5-1 plan and reduced his direct holdings by 11.39% to 38,904 shares.
- Amkor reported stronger-than-expected quarterly results, with EPS of $0.70 versus the $0.47 consensus and revenue of $1.90 billion. Revenue increased 25.6% year over year, and the company guided for third-quarter EPS of $0.72–$0.82.
- The stock carries a “Moderate Buy” consensus rating from analysts, with an average price target of $68.12. Amkor also declared a quarterly dividend of $0.0835 per share, equivalent to an annualized yield of approximately 0.7%.
Amkor Technology, Inc. (NASDAQ:AMKR - Get Free Report) EVP Mark Rogers sold 5,000 shares of Amkor Technology stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $59.78, for a total transaction of $298,900.00. Following the sale, the executive vice president directly owned 38,904 shares of the company's stock, valued at $2,325,681.12. This represents a 11.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amkor Technology Stock Down 7.2%
Shares of NASDAQ AMKR opened at $50.89 on Thursday. Amkor Technology, Inc. has a 52-week low of $22.74 and a 52-week high of $96.68. The firm has a market capitalization of $12.64 billion, a price-to-earnings ratio of 22.82 and a beta of 2.24. The stock has a 50 day moving average price of $67.57 and a 200 day moving average price of $61.12. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17.
Amkor Technology (NASDAQ:AMKR - Get Free Report) last released its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.47 by $0.23. The company had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.81 billion. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.Amkor Technology's quarterly revenue was up 25.6% on a year-over-year basis. During the same period last year, the business posted $0.22 EPS. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Sell-side analysts expect that Amkor Technology, Inc. will post 2.62 earnings per share for the current year.
Amkor Technology Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Wednesday, September 2nd will be paid a $0.0835 dividend. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%. Amkor Technology's dividend payout ratio is 14.80%.
Wall Street Analyst Weigh In
A number of research analysts have commented on the stock. 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 increased their price objective on shares of Amkor Technology from $69.00 to $70.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 28th. Zacks Research raised shares of Amkor Technology from a "hold" rating to a "strong-buy" rating in a report on Monday, July 20th. B. Riley Financial reduced their price objective on shares of Amkor Technology from $75.00 to $65.00 and set a "neutral" rating for the company in a research note on Tuesday, July 28th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $90.00 target price on shares of Amkor Technology in a research report on Tuesday, July 28th. One 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, Amkor Technology has an average rating of "Moderate Buy" and an average price target of $68.12.
Read Our Latest Stock Report on AMKR
Institutional Trading of Amkor Technology
A number of institutional investors have recently modified their holdings of the company. Bessemer Group Inc. raised its stake in shares of Amkor Technology by 12.5% during the 1st quarter. Bessemer Group Inc. now owns 1,216 shares of the semiconductor company's stock worth $55,000 after acquiring an additional 135 shares in the last quarter. Arista Wealth Management LLC grew its holdings in Amkor Technology by 1.2% in the second quarter. Arista Wealth Management LLC now owns 13,642 shares of the semiconductor company's stock worth $1,176,000 after purchasing an additional 157 shares during the last quarter. CoreCap Advisors LLC increased its position in shares of Amkor Technology by 56.4% during the second quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company's stock worth $38,000 after purchasing an additional 158 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in shares of Amkor Technology by 2.1% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 9,799 shares of the semiconductor company's stock valued at $387,000 after purchasing an additional 202 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Amkor Technology by 0.6% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 36,221 shares of the semiconductor company's stock valued at $1,430,000 after purchasing an additional 218 shares during the last quarter. 42.76% of the stock is currently owned by institutional investors.
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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