Key Points
- Director Douglas Alexander sold 5,000 Amkor shares at an average price of $55, generating $275,000. The transaction occurred under a pre-arranged Rule 10b5-1 plan, leaving him with 29,109 shares.
- Amkor recently exceeded quarterly expectations, reporting $0.70 EPS versus the $0.47 consensus and $1.90 billion in revenue versus $1.81 billion expected; revenue increased 25.6% year over year.
- Analysts maintain a “Moderate Buy” consensus with an average price target of $68.33, while the company offers a $0.0835 quarterly dividend and institutional investors own 42.76% of its shares.
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, October 2nd. The stock was sold at an average price of $55.00, for a total value of $275,000.00. Following the sale, the director directly owned 29,109 shares of the company's stock, valued at approximately $1,600,995. The trade was a 14.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amkor Technology Stock Performance
Shares of NASDAQ AMKR opened at $53.39 on Wednesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.17 and a quick ratio of 1.91. The firm has a market cap of $13.26 billion, a price-to-earnings ratio of 23.94, a P/E/G ratio of 0.67 and a beta of 2.21. The stock's fifty day moving average price is $51.41 and its two-hundred day moving average price is $61.92. Amkor Technology, Inc. has a one year low of $28.19 and a one year high of $96.68.
Amkor Technology (NASDAQ:AMKR - Get Free Report) last posted its earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.47 by $0.23. The company had revenue of $1.90 billion during 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%.The company's revenue was up 25.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, equities analysts forecast that Amkor Technology, Inc. will post 2.6 EPS for the current year.
Amkor Technology Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 22nd. Shareholders of record on Wednesday, September 2nd were given a dividend of $0.0835 per share. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Wednesday, September 2nd. Amkor Technology's dividend payout ratio is presently 14.80%.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on AMKR. B. Riley Financial dropped their price target on shares of Amkor Technology from $75.00 to $65.00 and set a "neutral" rating for the company in a research report on Tuesday, July 28th. Weiss Ratings upgraded Amkor Technology from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, July 31st. UBS Group raised Amkor Technology from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $80.00 to $90.00 in a report on Friday, July 24th. Bank of America initiated coverage on Amkor Technology in a research report on Thursday, August 27th. They set a "buy" rating and a $70.00 target price for the company. Finally, Morgan Stanley increased their target price on Amkor Technology from $69.00 to $70.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 28th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Amkor Technology has an average rating of "Moderate Buy" and an average target price of $68.33.
Get Our Latest Stock Report on Amkor Technology
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. BlackRock Inc. bought a new position in Amkor Technology in the second quarter valued at about $1,060,005,000. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of Amkor Technology during the second quarter worth about $152,110,000. Norges Bank acquired a new position in shares of Amkor Technology in the fourth quarter valued at approximately $53,702,000. Bank of New York Mellon Corp acquired a new position in shares of Amkor Technology in the second quarter valued at approximately $90,656,000. Finally, Bank of Nova Scotia bought a new position in Amkor Technology in the 2nd quarter valued at approximately $58,273,000. Institutional investors and hedge funds own 42.76% of the company's stock.
Key Stories Impacting Amkor Technology
Here are the key news stories impacting Amkor Technology this week:
- Positive Sentiment: Analysts’ consensus price target is approximately $68.33, implying substantial potential upside from recent trading levels. However, price targets are expectations rather than guarantees. Amkor Technology Consensus Price Target Article
- Positive Sentiment: Amkor’s yearlong rally has been supported by demand for AI-related semiconductors and advanced packaging, a potential long-term growth driver. The company also recently reported earnings and revenue above consensus estimates, reinforcing the investment case. Amkor AI Growth and Valuation Article
- Neutral Sentiment: Amkor plans to release third-quarter 2026 results on October 26. The report could provide important updates on AI-related packaging demand, margins, capital spending, and forward guidance, making it the next major catalyst for the stock. Amkor Third-Quarter 2026 Results Announcement
- Neutral Sentiment: AMKR is receiving heightened investor attention and remains a trending semiconductor stock, but the article provides no new earnings, guidance, or operational information. Amkor Trending Stock Article
- Negative Sentiment: Investors may be taking profits after the large annual advance. Zacks characterized the stock as a Hold, citing a premium valuation and the heavy capital requirements of Amkor’s expansion plans. Amkor Hold Recommendation Article
- Negative Sentiment: Director Douglas Alexander sold 5,000 shares under a pre-arranged Rule 10b5-1 plan. Because the sale was scheduled in advance, it is a limited signal, but it can still add short-term pressure or investor caution. Amkor Director Stock Sale
Amkor Technology Company Profile
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Get Free Report)
Amkor Technology, Inc (NASDAQ:AMKR) is a provider of outsourced semiconductor packaging and testing services. The company works with semiconductor manufacturers, fabless chip designers, foundries and integrated device manufacturers to assemble, package and test integrated circuits before they are incorporated into electronic products.
Its services include advanced packaging, flip-chip and wirebond assembly, wafer-level processing, system-in-package solutions, wafer bumping and semiconductor testing.
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