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 firm’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $49.05, for a total transaction of $49,050.00. Following the transaction, the chief financial officer directly owned 134,105 shares of the company’s stock, valued at $6,577,850.25. This represents a 0.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, August 11th, Megan Faust sold 1,000 shares of Amkor Technology stock. The shares were sold at an average price of $54.45, for a total transaction of $54,450.00.

Amkor Technology Stock Performance

Shares of Amkor Technology stock traded down $1.82 during trading on Thursday, hitting $49.53. 3,160,957 shares of the company’s stock were exchanged, compared to its average volume of 4,973,156. 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 business has a 50-day simple moving average of $56.69 and a 200-day simple moving average of $61.12. Amkor Technology, Inc. has a 52-week low of $24.86 and a 52-week high of $96.68. The stock has a market capitalization of $12.31 billion, a price-to-earnings ratio of 22.21, a PEG ratio of 0.62 and a beta of 2.22.

Amkor Technology (NASDAQ:AMKR) last posted its earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.23. The company had revenue of $1.90 billion during the quarter, compared to the consensus estimate 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 previous year, the firm posted $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, research analysts forecast that Amkor Technology, Inc. will post 2.6 EPS for the current year.

Amkor Technology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders 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 dividend yield of 0.7%. Amkor Technology’s dividend payout ratio is presently 14.80%.

Institutional Investors Weigh In On Amkor Technology

A number of institutional investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc increased 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 worth $27,000 after acquiring an additional 447 shares in the last quarter. Smartleaf Asset Management LLC grew its position in shares of Amkor Technology by 180.3% in the fourth 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 during the period. Root Financial Partners LLC increased its stake in shares of Amkor Technology by 38.8% during 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 in the last quarter. CoreCap Advisors LLC increased its stake in shares of Amkor Technology by 56.4% during 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 in the last quarter. Finally, Advisors Asset Management Inc. raised its position in shares of Amkor Technology by 61.8% during the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 854 shares during the last quarter. Institutional investors and hedge funds own 42.76% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on AMKR. Zacks Research upgraded Amkor Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. UBS Group raised shares of Amkor Technology from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $80.00 to $90.00 in a research note on Friday, July 24th. Morgan Stanley lifted their target price on shares of Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating in a report on Tuesday, July 28th. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 target price on shares of Amkor Technology in a research note on Tuesday, July 28th. Finally, B. Riley Financial dropped their price target on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $68.33.

Amkor Technology Company Profile

Amkor Technology, Inc (NASDAQ: AMKR) is a provider of outsourced semiconductor packaging and testing services. The company supports semiconductor manufacturers and electronics companies by assembling and testing integrated circuits after wafer fabrication, helping prepare chips for use in electronic devices.

Its services include wafer bumping and probing, semiconductor assembly, advanced packaging, final testing, and related product design and logistics support. Amkor offers packaging technologies for applications including communications, consumer electronics, computing, automotive, industrial, and other markets.