Amkor Technology (NASDAQ:AMKR) Shares Up 8.7% – Here’s Why

Amkor Technology, Inc. (NASDAQ:AMKR)’s share price traded up 8.7% on Wednesday . The company traded as high as $52.50 and last traded at $53.3090. 1,243,984 shares were traded during mid-day trading, a decline of 74% from the average session volume of 4,812,479 shares. The stock had previously closed at $49.05.

Analysts Set New Price Targets

AMKR has been the subject of several recent research reports. William Blair upgraded Amkor Technology to a “neutral” rating in a research report on Monday, January 12th. Zacks Research downgraded shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 25th. Needham & Company LLC boosted their price objective on shares of Amkor Technology from $37.00 to $50.00 and gave the company a “buy” rating in a research note on Monday, January 5th. DA Davidson increased their target price on shares of Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Finally, UBS Group cut shares of Amkor Technology from a “buy” rating to a “neutral” rating and upped their price target for the stock from $38.00 to $55.00 in a report on Monday, January 12th. Three research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $39.14.

Amkor Technology Stock Up 8.9%

The firm has a market cap of $13.20 billion, a PE ratio of 42.76 and a beta of 1.99. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.60 and a current ratio of 1.77. The company’s 50-day simple moving average is $41.47 and its two-hundred day simple moving average is $31.94.

Amkor Technology (NASDAQ:AMKR) last announced its earnings results on Monday, October 27th. The semiconductor company reported $0.51 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 company had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter in the prior year, the company earned $0.49 earnings per share. The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. On average, analysts predict that Amkor Technology, Inc. will post 1.47 earnings per share for the current fiscal year.

Amkor Technology Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 3rd were issued a $0.0835 dividend. This represents a $0.33 annualized dividend and a yield of 0.6%. This is a positive change from Amkor Technology’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Wednesday, December 3rd. Amkor Technology’s dividend payout ratio is presently 26.40%.

Insider Activity at Amkor Technology

In related news, Director Gil C. Tily sold 20,000 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $46.44, for a total transaction of $928,800.00. Following the transaction, the director owned 123,806 shares in the company, valued at $5,749,550.64. This represents a 13.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark N. Rogers sold 5,000 shares of Amkor Technology stock in a transaction on Friday, January 16th. The stock was sold at an average price of $49.28, for a total value of $246,400.00. Following the completion of the sale, the executive vice president directly owned 23,862 shares of the company’s stock, valued at $1,175,919.36. The trade was a 17.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 96,000 shares of company stock worth $4,085,910 in the last ninety days. 26.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AMKR. Sowell Financial Services LLC grew its holdings in Amkor Technology by 43.2% during the 4th quarter. Sowell Financial Services LLC now owns 25,425 shares of the semiconductor company’s stock valued at $1,004,000 after buying an additional 7,669 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Amkor Technology by 11.3% in the fourth quarter. Signaturefd LLC now owns 2,644 shares of the semiconductor company’s stock valued at $104,000 after purchasing an additional 269 shares in the last quarter. Lodestone Wealth Management LLC bought a new stake in Amkor Technology in the fourth quarter worth $306,000. J. Safra Sarasin Holding AG purchased a new stake in Amkor Technology during the fourth quarter valued at $455,000. Finally, USA Financial Formulas purchased a new stake in Amkor Technology during the fourth quarter valued at $179,000. 42.76% of the stock is currently owned by institutional investors.

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.