KBC Group NV Sells 25,392 Shares of Amkor Technology, Inc. $AMKR

KBC Group NV decreased its holdings in shares of Amkor Technology, Inc. (NASDAQ:AMKR) by 35.5% during the second quarter, according to its most recent filing with the SEC. The firm owned 46,187 shares of the semiconductor company’s stock after selling 25,392 shares during the period. KBC Group NV’s holdings in Amkor Technology were worth $969,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AMKR. Caitong International Asset Management Co. Ltd bought a new position in Amkor Technology in the first quarter worth approximately $27,000. Hantz Financial Services Inc. boosted its position in Amkor Technology by 1,050.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 1,250 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Amkor Technology by 416.8% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,602 shares of the semiconductor company’s stock valued at $34,000 after acquiring an additional 1,292 shares during the period. Advisors Asset Management Inc. raised its position in shares of Amkor Technology by 61.8% in the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock worth $40,000 after acquiring an additional 854 shares in the last quarter. Finally, AlphaQuest LLC bought a new position in shares of Amkor Technology in the 1st quarter worth $53,000. 42.76% of the stock is currently owned by institutional investors.

Amkor Technology Price Performance

Amkor Technology stock opened at $30.89 on Tuesday. The firm has a market capitalization of $7.64 billion, a price-to-earnings ratio of 24.71 and a beta of 2.02. The company has a fifty day simple moving average of $30.68 and a 200-day simple moving average of $24.61. Amkor Technology, Inc. has a 52-week low of $14.03 and a 52-week high of $38.22. The company has a quick ratio of 1.70, a current ratio of 1.77 and a debt-to-equity ratio of 0.29.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings results on Monday, October 27th. The semiconductor company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.09. The business had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.93 billion. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. The business’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.49 EPS. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. On average, equities analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.

Amkor Technology Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 3rd will be given a $0.0835 dividend. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $0.33 dividend on an annualized basis and a yield of 1.1%. This is an increase from Amkor Technology’s previous quarterly dividend of $0.08. Amkor Technology’s dividend payout ratio is 26.40%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. DA Davidson lifted their target price on Amkor Technology from $30.00 to $40.00 and gave the company a “buy” rating in a research note on Tuesday, October 28th. The Goldman Sachs Group raised their price target on shares of Amkor Technology from $26.00 to $29.00 and gave the company a “neutral” rating in a report on Tuesday, October 28th. Zacks Research raised shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. Morgan Stanley reissued an “equal weight” rating on shares of Amkor Technology in a research report on Tuesday, July 29th. Finally, Needham & Company LLC raised their target price on shares of Amkor Technology from $32.00 to $37.00 and gave the company a “buy” rating in a research note on Tuesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Amkor Technology currently has an average rating of “Moderate Buy” and an average target price of $29.63.

Insider Activity at Amkor Technology

In other Amkor Technology news, EVP Farshad Haghighi sold 11,792 shares of the business’s 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 completion of the sale, the executive vice president owned 8,354 shares in the company, valued at approximately $208,850. The trade was a 58.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $30.74, for a total transaction of $307,400.00. Following the transaction, the chief executive officer owned 356,699 shares in the company, valued at approximately $10,964,927.26. This trade represents a 2.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 31,792 shares of company stock valued at $902,200 in the last quarter. 26.90% of the stock is currently owned by company insiders.

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.