Oliver Luxxe Assets LLC decreased its stake in Amkor Technology, Inc. (NASDAQ:AMKR – Free Report) by 39.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,586 shares of the semiconductor company’s stock after selling 22,244 shares during the period. Oliver Luxxe Assets LLC’s holdings in Amkor Technology were worth $2,982,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of the stock. AQR Capital Management LLC increased its position in Amkor Technology by 18.4% during the third quarter. AQR Capital Management LLC now owns 4,211,529 shares of the semiconductor company’s stock worth $119,607,000 after buying an additional 653,489 shares during the last quarter. State Street Corp raised its stake in Amkor Technology by 1.4% in the fourth quarter. State Street Corp now owns 3,473,925 shares of the semiconductor company’s stock valued at $137,151,000 after buying an additional 47,514 shares during the period. First Trust Advisors LP lifted its position in shares of Amkor Technology by 37.4% in the fourth quarter. First Trust Advisors LP now owns 2,722,310 shares of the semiconductor company’s stock valued at $107,477,000 after buying an additional 740,701 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Amkor Technology by 19.3% in the first quarter. Principal Financial Group Inc. now owns 2,622,744 shares of the semiconductor company’s stock valued at $118,107,000 after buying an additional 423,629 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its stake in shares of Amkor Technology by 204.5% during the 4th quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock worth $82,712,000 after acquiring an additional 1,407,109 shares during the period. 42.76% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Amkor Technology
In related news, EVP Mark N. Rogers sold 5,000 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $86.21, for a total value of $431,050.00. Following the transaction, the executive vice president owned 38,904 shares in the company, valued at approximately $3,353,913.84. This trade represents a 11.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $77.30, for a total value of $1,159,500.00. Following the completion of 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 position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 60,221 shares of company stock worth $4,009,737. Corporate insiders own 26.40% of the company’s stock.
Amkor Technology Price Performance
Amkor Technology (NASDAQ:AMKR – Get Free Report) last posted its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.23. The firm had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.81 billion. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The company’s quarterly revenue was up 25.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.22 EPS. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Equities research analysts predict that Amkor Technology, Inc. will post 2.62 earnings per share for the current year.
Amkor Technology Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Wednesday, June 3rd were paid a dividend of $0.0835 per share. This represents a $0.33 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Wednesday, June 3rd. Amkor Technology’s dividend payout ratio (DPR) is 14.80%.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the company. Weiss Ratings upgraded Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 price objective on shares of Amkor Technology in a research report on Tuesday, July 28th. Zacks Research upgraded shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. B. Riley Financial dropped their price objective 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. Finally, The Goldman Sachs Group increased their price objective on shares of Amkor Technology from $43.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amkor Technology presently has a consensus rating of “Moderate Buy” and an average target price of $68.12.
Check Out Our Latest Analysis on AMKR
Amkor Technology 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.
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