Amkor Technology (NASDAQ:AMKR) EVP Mark Rogers Sells 5,000 Shares

Amkor Technology, Inc. (NASDAQ:AMKR) EVP Mark Rogers sold 5,000 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $59.78, for a total transaction of $298,900.00. Following the completion of the sale, the executive vice president directly owned 38,904 shares of the company’s stock, valued at approximately $2,325,681.12. This trade represents a 11.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amkor Technology Trading Down 7.2%

Shares of NASDAQ:AMKR traded down $3.95 during trading on Wednesday, reaching $50.89. 7,121,565 shares of the company were exchanged, compared to its average volume of 5,033,795. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.17 and a quick ratio of 1.91. The business’s fifty day simple moving average is $67.94 and its 200-day simple moving average is $61.12. The firm has a market capitalization of $12.64 billion, a PE ratio of 22.82 and a beta of 2.25. Amkor Technology, Inc. has a 12-month low of $22.74 and a 12-month high of $96.68.

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

Amkor Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Wednesday, September 2nd will be paid a $0.0835 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%. Amkor Technology’s dividend payout ratio (DPR) is 14.80%.

Institutional Trading of Amkor Technology

A number of hedge funds and other institutional investors have recently modified their holdings of AMKR. Fisher Asset Management LLC boosted its stake in shares of Amkor Technology by 204.5% during the fourth quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock valued at $82,712,000 after acquiring an additional 1,407,109 shares during the last quarter. UBS Group AG grew its holdings in shares of Amkor Technology by 205.5% during the fourth quarter. UBS Group AG now owns 1,254,658 shares of the semiconductor company’s stock worth $49,534,000 after buying an additional 843,983 shares in the last quarter. Black Swift Group LLC purchased a new stake in shares of Amkor Technology during the fourth quarter worth about $797,000. Jefferies Financial Group Inc. acquired a new position in shares of Amkor Technology in the fourth quarter valued at approximately $841,000. Finally, Weiss Asset Management LP lifted its stake in shares of Amkor Technology by 263.6% during the first quarter. Weiss Asset Management LP now owns 300,000 shares of the semiconductor company’s stock valued at $13,509,000 after buying an additional 217,484 shares during the period. 42.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on AMKR. The Goldman Sachs Group boosted their price objective on Amkor Technology from $43.00 to $65.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Weiss Ratings upgraded Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 target price on shares of Amkor Technology in a report on Tuesday, July 28th. Zacks Research raised shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Finally, B. Riley Financial cut their price objective on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus 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.