Transcend Capital Advisors LLC Invests $358,000 in Amkor Technology, Inc. $AMKR

Transcend Capital Advisors LLC acquired a new position in Amkor Technology, Inc. (NASDAQ:AMKRFree Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 9,071 shares of the semiconductor company’s stock, valued at approximately $358,000.

A number of other large investors have also recently made changes to their positions in AMKR. Salomon & Ludwin LLC bought a new stake in shares of Amkor Technology in the 3rd quarter worth approximately $25,000. Bessemer Group Inc. lifted its stake in shares of Amkor Technology by 72.1% in the 3rd quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 391 shares during the period. IFP Advisors Inc lifted its stake in shares of 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. Advisors Asset Management Inc. lifted its stake in shares of Amkor Technology by 61.8% in the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 854 shares during the period. Finally, FNY Investment Advisers LLC lifted its stake in shares of Amkor Technology by 83.5% in the 3rd quarter. FNY Investment Advisers LLC now owns 1,472 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 670 shares during the period. 42.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on AMKR. Morgan Stanley raised their target price on Amkor Technology from $28.00 to $45.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 10th. Zacks Research cut Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, January 21st. Melius Research upgraded Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 target price for the company in a research note on Monday, April 6th. Finally, B. Riley Financial raised their target price on Amkor Technology from $29.00 to $48.00 and gave the company a “neutral” rating in a research note on Thursday, January 15th. Four investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $51.13.

Get Our Latest Analysis on Amkor Technology

Insider Buying and Selling at Amkor Technology

In other Amkor Technology news, Director Guillaume Marie Jean Rutten sold 20,000 shares of Amkor Technology stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $48.80, for a total transaction of $976,000.00. Following the completion of the transaction, the director owned 543,866 shares in the company, valued at approximately $26,540,660.80. The trade was a 3.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Mark N. Rogers sold 5,000 shares of Amkor Technology stock in a transaction on Monday, March 16th. The shares were sold at an average price of $44.54, for a total value of $222,700.00. Following the transaction, the executive vice president owned 38,904 shares of the company’s stock, valued at $1,732,784.16. The trade was a 11.39% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 37,500 shares of company stock worth $1,808,075. 26.40% of the stock is owned by insiders.

Amkor Technology Stock Up 7.1%

Shares of NASDAQ:AMKR opened at $67.37 on Friday. The stock has a fifty day simple moving average of $48.94 and a two-hundred day simple moving average of $42.71. The stock has a market capitalization of $16.69 billion, a price-to-earnings ratio of 44.62 and a beta of 1.94. Amkor Technology, Inc. has a 12-month low of $15.24 and a 12-month high of $69.37. The company has a current ratio of 2.27, a quick ratio of 2.01 and a debt-to-equity ratio of 0.28.

Amkor Technology (NASDAQ:AMKRGet Free Report) last announced its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.26. The business had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Amkor Technology had a return on equity of 8.66% and a net margin of 5.57%.The firm’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.43 earnings per share. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. On average, research analysts anticipate that Amkor Technology, Inc. will post 1.47 earnings per share for the current fiscal year.

Amkor Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th were paid a dividend of $0.0835 per share. The ex-dividend date was Thursday, March 12th. This represents a $0.33 dividend on an annualized basis and a yield of 0.5%. Amkor Technology’s payout ratio is presently 21.85%.

About Amkor Technology

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Amkor Technology (NASDAQ:AMKR)

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