Megan Faust Sells 1,000 Shares of Amkor Technology (NASDAQ:AMKR) Stock

Amkor Technology, Inc. (NASDAQ:AMKR) CFO Megan Faust sold 1,000 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $54.45, for a total value of $54,450.00. Following the completion of the sale, the chief financial officer owned 135,105 shares in the company, valued at approximately $7,356,467.25. This trade represents a 0.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Megan Faust also recently made the following trade(s):

• On Tuesday, June 9th, Megan Faust sold 1,000 shares of Amkor Technology stock. The shares were sold at an average price of $70.30, for a total value of $70,300.00.
• On Tuesday, May 19th, Megan Faust sold 1,000 shares of Amkor Technology stock. The stock was sold at an average price of $64.60, for a total transaction of $64,600.00.

Amkor Technology Stock Performance

Shares of NASDAQ AMKR opened at $58.99 on Friday. Amkor Technology, Inc. has a 12 month low of $22.74 and a 12 month high of $96.68. The company has a market capitalization of $14.66 billion, a P/E ratio of 26.45 and a beta of 2.24. The stock has a 50 day moving average of $68.40 and a 200-day moving average of $60.94. The company has a current ratio of 2.17, a quick ratio of 1.91 and a debt-to-equity ratio of 0.50.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.23. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The business had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same period last year, the firm posted $0.22 EPS. The firm’s revenue for the quarter was up 25.6% compared to the same quarter last year. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, equities research analysts predict that Amkor Technology, Inc. will post 2.62 EPS for the current year.

Amkor Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Wednesday, September 2nd will be issued a dividend of $0.0835 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $0.33 annualized dividend and a dividend yield of 0.6%. Amkor Technology’s payout ratio is 14.80%.

Institutional Investors Weigh In On Amkor Technology

Large investors have recently modified their holdings of the stock. CoreCap Advisors LLC lifted its stake in Amkor Technology by 56.4% in the second quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 158 shares during the last quarter. Clearstead Trust LLC purchased a new stake in Amkor Technology in the second quarter worth $43,000. Ceredex Value Advisors LLC purchased a new stake in Amkor Technology in the second quarter worth $47,000. Solstein Capital LLC bought a new stake in shares of Amkor Technology in the second quarter valued at $52,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Amkor Technology in the second quarter valued at $54,000. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Zacks Research raised Amkor Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Needham & Company LLC reaffirmed a “buy” rating and issued a $90.00 price target on shares of Amkor Technology in a research note on Tuesday, July 28th. Morgan Stanley increased their price target on Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 28th. B. Riley Financial reduced their price target on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a research report on Tuesday, July 28th. Finally, The Goldman Sachs Group boosted their target price on shares of Amkor Technology from $43.00 to $65.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amkor Technology currently has a consensus rating of “Moderate Buy” and an average target price of $68.12.

About Amkor Technology

Amkor Technology, Inc (NASDAQ:AMKR) is a leading provider of outsourced semiconductor packaging and test (OSAT) services, supporting integrated device manufacturers and semiconductor foundries worldwide. The company offers a broad range of advanced packaging solutions, including wafer bumping, flip chip, system-in-package and ball grid array technologies, designed to meet the performance, power and form-factor demands of applications across consumer electronics, automotive, communications and industrial markets.

In addition to packaging, Amkor delivers comprehensive test services such as wafer probing, final test, system-level test and digital, analog and mixed-signal testing, enabling customers to accelerate time-to-market and reduce total costs.