Stock Traders Buy High Volume of Call Options on Amkor Technology (NASDAQ:AMKR)

Amkor Technology, Inc. (NASDAQ:AMKR) saw some unusual options trading activity on Monday. Stock traders purchased 31,957 call options on the stock. This is an increase of 598% compared to the typical volume of 4,576 call options.

Insider Transactions at Amkor Technology

In related news, EVP Farshad Haghighi sold 11,792 shares of the stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $25.00, for a total value of $294,800.00. Following the transaction, the executive vice president owned 8,354 shares of the company’s stock, valued at $208,850. This represents a 58.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the firm’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $30.74, for a total value of $307,400.00. Following the transaction, the chief executive officer owned 356,699 shares in the company, valued at $10,964,927.26. The trade was a 2.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 31,792 shares of company stock worth $902,200 over the last 90 days. Insiders own 26.90% of the company’s stock.

Institutional Trading of Amkor Technology

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AMKR. Salomon & Ludwin LLC purchased a new position in shares of Amkor Technology in the third quarter worth about $25,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Amkor Technology in the 1st quarter valued at $27,000. Hantz Financial Services Inc. increased its stake in shares of Amkor Technology by 1,050.4% in the second quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 1,250 shares during the period. MassMutual Private Wealth & Trust FSB increased its stake in shares of Amkor Technology by 416.8% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,602 shares of the semiconductor company’s stock worth $34,000 after acquiring an additional 1,292 shares during the period. Finally, Allworth Financial LP raised its holdings in shares of Amkor Technology by 166.3% during the first quarter. Allworth Financial LP now owns 2,173 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 1,357 shares during the last quarter. Institutional investors and hedge funds own 42.76% of the company’s stock.

Analyst Ratings Changes

AMKR has been the topic of several research reports. Needham & Company LLC raised their price target on Amkor Technology from $32.00 to $37.00 and gave the company a “buy” rating in a research note on Tuesday, October 28th. UBS Group lifted their price objective on shares of Amkor Technology from $23.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. Zacks Research upgraded Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. B. Riley lifted their price target on Amkor Technology from $18.00 to $24.00 and gave the company a “neutral” rating in a report on Tuesday, July 29th. Finally, Wall Street Zen upgraded Amkor Technology from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.63.

Amkor Technology Stock Up 16.1%

Shares of AMKR stock traded up $5.19 during trading hours on Monday, reaching $37.47. 5,620,596 shares of the company’s stock were exchanged, compared to its average volume of 2,291,885. Amkor Technology has a 1 year low of $14.03 and a 1 year high of $37.51. The company has a current ratio of 1.77, a quick ratio of 1.70 and a debt-to-equity ratio of 0.29. The stock has a market cap of $9.26 billion, a PE ratio of 29.96 and a beta of 1.98. The stock’s fifty day moving average price is $28.47 and its two-hundred day moving average price is $23.25.

Amkor Technology (NASDAQ:AMKR) last released its earnings results on Monday, October 27th. The semiconductor company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.09. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. The company had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.93 billion. During the same period last year, the business earned $0.49 EPS. Amkor Technology’s revenue for the quarter was up 6.7% on a year-over-year basis. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. Research analysts predict that Amkor Technology will post 1.47 EPS for the current year.

Amkor Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Wednesday, September 3rd were given a $0.0827 dividend. This represents a $0.33 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Wednesday, September 3rd. Amkor Technology’s dividend payout ratio is presently 26.40%.

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.