Fox Run Management L.L.C. bought a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 10,053 shares of the semiconductor company’s stock, valued at approximately $182,000.
Several other large investors also recently bought and sold shares of the stock. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Amkor Technology by 15.0% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 10,886 shares of the semiconductor company’s stock valued at $197,000 after buying an additional 1,423 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in Amkor Technology by 22.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 20,963 shares of the semiconductor company’s stock valued at $379,000 after acquiring an additional 3,885 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Amkor Technology by 32.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 22,260 shares of the semiconductor company’s stock worth $403,000 after acquiring an additional 5,447 shares during the last quarter. M&T Bank Corp lifted its stake in Amkor Technology by 36.9% in the first quarter. M&T Bank Corp now owns 52,816 shares of the semiconductor company’s stock worth $954,000 after acquiring an additional 14,236 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in Amkor Technology by 54.9% during the 1st quarter. GAMMA Investing LLC now owns 4,853 shares of the semiconductor company’s stock worth $88,000 after acquiring an additional 1,721 shares in the last quarter. Hedge funds and other institutional investors own 42.76% of the company’s stock.
Insider Activity at Amkor Technology
In related news, EVP Mark N. Rogers sold 15,000 shares of the stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $23.58, for a total transaction of $353,700.00. Following the completion of the sale, the executive vice president owned 23,862 shares in the company, valued at $562,665.96. This represents a 38.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Sujoda Management, Llc acquired 441,589 shares of the stock in a transaction on Friday, August 1st. The shares were acquired at an average cost of $21.85 per share, for a total transaction of $9,648,719.65. Following the completion of the transaction, the insider directly owned 3,789,479 shares in the company, valued at $82,800,116.15. The trade was a 13.19% increase in their position. The disclosure for this purchase can be found here. 26.90% of the stock is owned by insiders.
Amkor Technology Stock Down 3.1%
Amkor Technology (NASDAQ:AMKR – Get Free Report) last announced its earnings results on Monday, July 28th. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.06. The firm had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Amkor Technology had a return on equity of 7.23% and a net margin of 4.80%.The business’s revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.27 EPS. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. Analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current year.
Amkor Technology Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Wednesday, September 3rd will be issued a $0.0827 dividend. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, September 3rd. Amkor Technology’s payout ratio is presently 26.83%.
Analyst Upgrades and Downgrades
AMKR has been the topic of a number of analyst reports. Morgan Stanley restated an “equal weight” rating on shares of Amkor Technology in a report on Tuesday, July 29th. The Goldman Sachs Group started coverage on Amkor Technology in a report on Thursday, July 10th. They issued a “neutral” rating and a $20.00 target price on the stock. B. Riley upped their price objective on Amkor Technology from $18.00 to $24.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 29th. UBS Group raised their target price on Amkor Technology from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, July 29th. Finally, Needham & Company LLC boosted their target price on Amkor Technology from $22.00 to $28.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. Four analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $26.44.
Read Our Latest Research Report on AMKR
Amkor Technology Profile
Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.
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