Segall Bryant & Hamill LLC lowered its position in Amkor Technology, Inc. (NASDAQ:AMKR – Free Report) by 11.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,714 shares of the semiconductor company’s stock after selling 12,453 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Amkor Technology were worth $2,114,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd bought a new position in shares of Amkor Technology in the first quarter worth approximately $27,000. Hantz Financial Services Inc. grew its holdings in Amkor Technology by 1,050.4% in the 2nd 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 last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in 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 worth $34,000 after acquiring an additional 1,292 shares during the last quarter. Advisors Asset Management Inc. increased its position in shares of Amkor Technology by 61.8% in the first quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 854 shares during the period. Finally, AlphaQuest LLC bought a new position in shares of Amkor Technology during the first quarter valued at about $53,000. 42.76% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on AMKR shares. Zacks Research raised Amkor Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. The Goldman Sachs Group increased their price target on shares of Amkor Technology from $26.00 to $29.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 28th. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday, October 8th. JPMorgan Chase & Co. upped their target price on Amkor Technology from $27.00 to $32.00 and gave the stock an “overweight” rating in a report on Tuesday, October 28th. Finally, Morgan Stanley reissued an “equal weight” rating on shares of Amkor Technology in a research report on Tuesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Amkor Technology has an average rating of “Moderate Buy” and a consensus price target of $29.63.
Amkor Technology Stock Up 3.4%
Amkor Technology stock opened at $33.13 on Tuesday. Amkor Technology, Inc. has a 12 month low of $14.03 and a 12 month high of $38.22. The stock has a fifty day simple moving average of $31.30 and a two-hundred day simple moving average of $25.09. 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 firm has a market cap of $8.19 billion, a price-to-earnings ratio of 26.50 and a beta of 2.02.
Amkor Technology (NASDAQ:AMKR – Get Free Report) last announced its quarterly earnings results on Monday, October 27th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.09. Amkor Technology had a return on equity of 7.26% and a net margin of 4.77%.The firm had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.93 billion. During the same period in the prior year, the company posted $0.49 earnings per share. The company’s quarterly revenue was up 6.7% on a year-over-year basis. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. Equities analysts predict 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. Stockholders of record on Wednesday, December 3rd will be issued a dividend of $0.0835 per share. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, December 3rd. This is a boost from Amkor Technology’s previous quarterly dividend of $0.08. Amkor Technology’s payout ratio is 26.40%.
Insider Transactions at Amkor Technology
In other Amkor Technology news, EVP Mark N. Rogers sold 20,000 shares of Amkor Technology stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $31.69, for a total value of $633,800.00. Following the completion of the sale, the executive vice president owned 23,862 shares of the company’s stock, valued at approximately $756,186.78. The trade was a 45.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Farshad Haghighi sold 11,792 shares of the business’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $25.00, for a total transaction of $294,800.00. Following the sale, the executive vice president owned 8,354 shares of the company’s stock, valued at approximately $208,850. This represents a 58.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 61,792 shares of company stock worth $1,852,800 over the last three months. 26.90% of the stock is currently owned by company insiders.
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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