Quantinno Capital Management LP grew its stake in shares of Amkor Technology, Inc. (NASDAQ:AMKR – Free Report) by 13.7% during the 1st quarter, HoldingsChannel.com reports. The fund owned 107,655 shares of the semiconductor company’s stock after purchasing an additional 12,991 shares during the quarter. Quantinno Capital Management LP’s holdings in Amkor Technology were worth $4,848,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of AMKR. IFP Advisors Inc increased its stake in Amkor Technology by 91.2% during 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 in the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Amkor Technology by 180.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock worth $28,000 after buying an additional 440 shares during the period. Root Financial Partners LLC lifted 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 buying an additional 262 shares during the period. Advisors Asset Management Inc. grew its holdings in shares of Amkor Technology by 61.8% during the first quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock valued at $40,000 after buying an additional 854 shares during the last quarter. Finally, State of Wyoming purchased a new stake in shares of Amkor Technology during the fourth quarter valued at $41,000. 42.76% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, CFO Megan Faust sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $70.30, for a total transaction of $70,300.00. Following the sale, the chief financial officer owned 132,138 shares of the company’s stock, valued at $9,289,301.40. This trade represents a 0.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gil C. Tily sold 15,000 shares of Amkor Technology stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $77.30, for a total transaction of $1,159,500.00. Following the transaction, the director directly owned 108,806 shares of the company’s stock, valued at approximately $8,410,703.80. This trade represents a 12.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 35,221 shares of company stock valued at $2,625,987 in the last three months. 26.40% of the stock is currently owned by company insiders.
Amkor Technology Price Performance
Amkor Technology (NASDAQ:AMKR – Get Free Report) last released its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.23. The business had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.81 billion. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The company’s revenue was up 25.6% on a year-over-year basis. During the same quarter last year, the business posted $0.22 EPS. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Research analysts expect that Amkor Technology, Inc. will post 2.62 EPS for the current year.
Amkor Technology Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Wednesday, June 3rd were given a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a yield of 0.6%. The ex-dividend date was Wednesday, June 3rd. Amkor Technology’s dividend payout ratio (DPR) is currently 14.80%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on AMKR shares. Needham & Company LLC restated a “buy” rating and issued a $90.00 target price on shares of Amkor Technology in a research note on Tuesday, July 28th. Zacks Research upgraded Amkor Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. UBS Group raised Amkor Technology from a “neutral” rating to a “buy” rating and increased their price objective for the company from $80.00 to $90.00 in a report on Friday, July 24th. B. Riley Financial reduced their price objective on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a research note on Tuesday, July 28th. Finally, Morgan Stanley lifted their target price 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, five have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $68.12.
View Our Latest Stock Analysis on Amkor Technology
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.
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