Aristeia Capital L.L.C. Buys New Position in Amkor Technology, Inc. $AMKR

Aristeia Capital L.L.C. bought a new stake in shares of Amkor Technology, Inc. (NASDAQ:AMKR) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 18,867 shares of the semiconductor company’s stock, valued at approximately $341,000.

Other hedge funds also recently modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Amkor Technology by 15.0% during the first 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 last quarter. Wealth Enhancement Advisory Services LLC boosted its position 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 worth $379,000 after purchasing an additional 3,885 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position 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 purchasing an additional 5,447 shares during the last quarter. M&T Bank Corp boosted its position 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 purchasing an additional 14,236 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in Amkor Technology by 54.9% in the first quarter. GAMMA Investing LLC now owns 4,853 shares of the semiconductor company’s stock worth $88,000 after purchasing an additional 1,721 shares during the last quarter. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Amkor Technology Stock Up 1.4%

Shares of NASDAQ AMKR opened at $24.64 on Monday. Amkor Technology, Inc. has a one year low of $14.03 and a one year high of $32.47. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.89 and a quick ratio of 1.70. The business’s fifty day moving average price is $22.83 and its 200-day moving average price is $20.23. The stock has a market capitalization of $6.09 billion, a PE ratio of 20.03 and a beta of 1.96.

Amkor Technology (NASDAQ:AMKR) last issued its quarterly earnings results on Monday, July 28th. The semiconductor company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.06. Amkor Technology had a return on equity of 7.23% and a net margin of 4.80%.The firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter in the prior year, the firm earned $0.27 EPS. The business’s revenue for the quarter was up 3.4% compared to the same quarter last year. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. On average, equities research analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current year.

Amkor Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Wednesday, September 3rd will be paid a dividend of $0.0827 per share. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Wednesday, September 3rd. Amkor Technology’s payout ratio is presently 26.83%.

Insider Activity at Amkor Technology

In related news, major shareholder Sujoda Management, Llc acquired 441,589 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The shares were bought at an average cost of $21.85 per share, for a total transaction of $9,648,719.65. Following the purchase, the insider owned 3,789,479 shares in the company, valued at $82,800,116.15. This trade represents a 13.19% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder John T. Kim acquired 441,589 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The shares were bought at an average price of $21.85 per share, for a total transaction of $9,648,719.65. Following the completion of the purchase, the insider owned 3,789,479 shares in the company, valued at $82,800,116.15. This trade represents a 13.19% increase in their position. The disclosure for this purchase can be found here. 26.90% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have weighed in on the company. The Goldman Sachs Group assumed coverage on Amkor Technology in a research report on Thursday, July 10th. They issued a “neutral” rating and a $20.00 price objective on the stock. UBS Group boosted their price objective on Amkor Technology from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, July 29th. B. Riley boosted 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. Morgan Stanley reissued an “equal weight” rating on shares of Amkor Technology in a research report on Tuesday, July 29th. Finally, Wall Street Zen raised Amkor Technology from a “hold” rating to a “buy” rating in a research report on Friday. Four research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Amkor Technology has an average rating of “Hold” and an average target price of $26.44.

Amkor Technology Company 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.