Corient Private Wealth LP Takes $15.70 Million Position in Amkor Technology, Inc. $AMKR

Corient Private Wealth LP acquired a new stake in shares of Amkor Technology, Inc. (NASDAQ:AMKR) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 182,010 shares of the semiconductor company’s stock, valued at approximately $15,695,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. IFP Advisors Inc boosted its holdings in Amkor Technology by 91.2% in the 3rd quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 447 shares during the period. Smartleaf Asset Management LLC grew its position in shares of Amkor Technology by 180.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 440 shares in the last quarter. Root Financial Partners LLC increased its holdings in shares of Amkor Technology by 38.8% in the fourth quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 262 shares during the period. CoreCap Advisors LLC increased its holdings in shares of Amkor Technology by 56.4% in the second quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 158 shares during the period. Finally, Advisors Asset Management Inc. raised 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 worth $40,000 after buying an additional 854 shares in the last quarter. 42.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on AMKR. Needham & Company LLC reissued a “buy” rating and set a $90.00 price objective on shares of Amkor Technology in a research note on Tuesday, July 28th. Weiss Ratings upgraded Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. UBS Group raised Amkor Technology from a “neutral” rating to a “buy” rating and raised their price target for the company from $80.00 to $90.00 in a report on Friday, July 24th. B. Riley Financial dropped their price target on 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, Morgan Stanley boosted their price objective on Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $68.33.

Insider Transactions at Amkor Technology

In other news, Director Winston J. Churchill sold 5,000 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $78.20, for a total transaction of $391,000.00. Following the transaction, the director directly owned 28,781 shares in the company, valued at approximately $2,250,674.20. This represents a 14.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Mark N. Rogers sold 5,000 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $59.78, for a total value of $298,900.00. Following the transaction, the executive vice president owned 38,904 shares in the company, valued at $2,325,681.12. This trade represents a 11.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 50,221 shares of company stock worth $3,059,887. Company insiders own 26.40% of the company’s stock.

Amkor Technology Stock Performance

NASDAQ AMKR opened at $47.88 on Friday. Amkor Technology, Inc. has a 52-week low of $23.36 and a 52-week high of $96.68. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17. The company has a market capitalization of $11.90 billion, a P/E ratio of 21.47 and a beta of 2.24. The company has a fifty day moving average of $62.52 and a 200-day moving average of $61.15.

Amkor Technology (NASDAQ:AMKR) last announced 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 during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the previous year, the business earned $0.22 earnings per share. 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 2.6 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

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

Amkor Technology Company Profile

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.