Inspire Investing LLC raised its stake in Amkor Technology, Inc. (NASDAQ:AMKR – Free Report) by 22.0% in the 1st quarter, Holdings Channel.com reports. The fund owned 19,088 shares of the semiconductor company’s stock after buying an additional 3,446 shares during the quarter. Inspire Investing LLC’s holdings in Amkor Technology were worth $345,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AMKR. Deutsche Bank AG lifted its stake in shares of Amkor Technology by 43.5% in the 4th quarter. Deutsche Bank AG now owns 19,174 shares of the semiconductor company’s stock valued at $493,000 after acquiring an additional 5,816 shares during the last quarter. Lazard Asset Management LLC grew its holdings in Amkor Technology by 60.9% during the 4th quarter. Lazard Asset Management LLC now owns 75,787 shares of the semiconductor company’s stock worth $1,945,000 after acquiring an additional 28,698 shares during the period. Millennium Management LLC grew its holdings in Amkor Technology by 752.1% during the 4th quarter. Millennium Management LLC now owns 61,190 shares of the semiconductor company’s stock worth $1,572,000 after acquiring an additional 54,009 shares during the period. Nomura Holdings Inc. acquired a new stake in Amkor Technology during the 4th quarter worth about $387,000. Finally, Nissay Asset Management Corp Japan ADV grew its stake in shares of Amkor Technology by 3.5% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 52,847 shares of the semiconductor company’s stock valued at $1,377,000 after buying an additional 1,793 shares during the period. 42.76% of the stock is currently owned by institutional investors.
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Insider Buying and Selling at Amkor Technology
In other news, major shareholder John T. Kim acquired 441,589 shares of the firm’s stock in a transaction dated Friday, August 1st. The shares were purchased at an average cost of $21.85 per share, for a total transaction of $9,648,719.65. Following the transaction, the insider directly owned 3,789,479 shares of the company’s stock, valued at approximately $82,800,116.15. This trade represents a 13.19% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Sujoda Management, Llc acquired 441,589 shares of the firm’s stock in a transaction dated Friday, August 1st. The shares were purchased at an average price of $21.85 per share, for a total transaction of $9,648,719.65. Following the completion of the transaction, the insider directly owned 3,789,479 shares in the company, valued at approximately $82,800,116.15. This trade represents a 13.19% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 26.90% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts have recently commented on the company. Wall Street Zen upgraded Amkor Technology from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Morgan Stanley reiterated an “equal weight” rating on shares of Amkor Technology in a research note on Tuesday, July 29th. JPMorgan Chase & Co. boosted their target price on shares of Amkor Technology from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Tuesday, July 29th. B. Riley boosted their target price on shares of Amkor Technology from $18.00 to $24.00 and gave the company a “neutral” rating in a report on Tuesday, July 29th. Finally, Needham & Company LLC boosted their price target on shares of Amkor Technology from $22.00 to $28.00 and gave the company a “buy” rating in a research report on Tuesday, July 29th. Four equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $26.44.
View Our Latest Research Report on Amkor Technology
Amkor Technology Price Performance
Shares of AMKR opened at $25.46 on Monday. The firm’s 50-day simple moving average is $23.16 and its two-hundred day simple moving average is $20.34. Amkor Technology, Inc. has a fifty-two week low of $14.03 and a fifty-two week high of $32.47. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.70 and a current ratio of 1.89. The stock has a market cap of $6.29 billion, a PE ratio of 20.70 and a beta of 1.96.
Amkor Technology (NASDAQ:AMKR – Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The semiconductor company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.06. Amkor Technology had a net margin of 4.80% and a return on equity of 7.23%. The firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter in the prior year, the company posted $0.27 earnings per share. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. Analysts anticipate that Amkor Technology, Inc. will post 1.47 earnings per share for the current fiscal year.
Amkor Technology Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 3rd will be given a $0.0827 dividend. The ex-dividend date is Wednesday, September 3rd. This represents a $0.33 annualized dividend and a yield of 1.3%. Amkor Technology’s dividend payout ratio (DPR) is presently 26.83%.
Amkor Technology Profile
(Free Report)
Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.
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