Amkor Technology, Inc. (NASDAQ:AMKR) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Amkor Technology, Inc. (NASDAQ:AMKR) have received a consensus rating of “Moderate Buy” from the twelve brokerages that are presently covering the company, Marketbeat reports. Five investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $68.3333.

AMKR has been the subject of a number of research analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 target price on shares of Amkor Technology in a research report on Tuesday, July 28th. Weiss Ratings raised shares of Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Morgan Stanley increased their price objective on Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 28th. UBS Group raised Amkor Technology from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $80.00 to $90.00 in a research report on Friday, July 24th. Finally, Bank of America began coverage on Amkor Technology in a research note on Thursday, August 27th. They issued a “buy” rating and a $70.00 target price on the stock.

Amkor Technology Price Performance

Shares of AMKR opened at $49.53 on Friday. The company has a market capitalization of $12.31 billion, a price-to-earnings ratio of 22.21, a P/E/G ratio of 0.63 and a beta of 2.22. Amkor Technology has a fifty-two week low of $24.86 and a fifty-two week high of $96.68. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.17 and a quick ratio of 1.91. The business’s 50-day moving average is $56.29 and its 200-day moving average is $61.13.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.23. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The business had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period in the prior year, the firm earned $0.22 earnings per share. The firm’s revenue was up 25.6% compared to the same quarter last year. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Equities research analysts expect that Amkor Technology will post 2.6 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Wednesday, September 2nd will be issued a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Wednesday, September 2nd. Amkor Technology’s payout ratio is currently 14.80%.

Insider Transactions at Amkor Technology

In related news, CFO Megan Faust sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $49.05, for a total transaction of $49,050.00. Following the transaction, the chief financial officer owned 134,105 shares of the company’s stock, valued at approximately $6,577,850.25. This trade represents a 0.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Douglas Alexander sold 5,000 shares of Amkor Technology stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $55.81, for a total transaction of $279,050.00. Following the completion of the sale, the director owned 29,109 shares of the company’s stock, valued at $1,624,573.29. This trade represents a 14.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 45,221 shares of company stock valued at $2,647,637 in the last ninety days. 26.40% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Whetstone Capital Advisors LLC bought a new stake in Amkor Technology in the second quarter worth $397,000. NewEdge Advisors LLC raised its holdings in Amkor Technology by 1,283.9% during the second quarter. NewEdge Advisors LLC now owns 5,937 shares of the semiconductor company’s stock valued at $512,000 after buying an additional 5,508 shares in the last quarter. Arizona State Retirement System lifted its position in shares of Amkor Technology by 0.7% in the second quarter. Arizona State Retirement System now owns 34,189 shares of the semiconductor company’s stock worth $2,948,000 after buying an additional 240 shares during the last quarter. Waverly Advisors LLC lifted its position in shares of Amkor Technology by 5.5% in the second quarter. Waverly Advisors LLC now owns 7,201 shares of the semiconductor company’s stock worth $621,000 after buying an additional 377 shares during the last quarter. Finally, Nykredit A S bought a new stake in shares of Amkor Technology during the 2nd quarter worth about $351,000. Institutional investors own 42.76% of the company’s stock.

About Amkor Technology

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.