Amkor Technology, Inc. (NASDAQ:AMKR) Receives Consensus Rating of “Hold” from Analysts

Shares of Amkor Technology, Inc. (NASDAQ:AMKRGet Free Report) have earned an average rating of “Hold” from the eleven ratings firms that are currently covering the company, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $27.1111.

A number of research analysts have recently commented on AMKR shares. Needham & Company LLC increased their price objective on Amkor Technology from $22.00 to $28.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday, October 8th. JPMorgan Chase & Co. increased their price objective on Amkor Technology from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Tuesday, July 29th. Wall Street Zen raised Amkor Technology from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Finally, UBS Group increased their price objective on Amkor Technology from $23.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, July 29th.

Read Our Latest Research Report on Amkor Technology

Insider Transactions at Amkor Technology

In other Amkor Technology news, major shareholder Sujoda Management, Llc bought 441,589 shares of the stock in a transaction on Friday, August 1st. The shares were purchased at an average price of $21.85 per share, with a total value of $9,648,719.65. Following the acquisition, the insider directly owned 3,789,479 shares of the company’s stock, valued at $82,800,116.15. This represents a 13.19% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, major shareholder John T. Kim bought 441,589 shares of the stock in a transaction on Friday, August 1st. The stock was acquired at an average cost of $21.85 per share, for a total transaction of $9,648,719.65. Following the acquisition, the insider directly owned 3,789,479 shares in the company, valued at approximately $82,800,116.15. The trade was a 13.19% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 46,792 shares of company stock worth $1,255,900. Insiders own 26.90% of the company’s stock.

Institutional Trading of Amkor Technology

A number of hedge funds have recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Amkor Technology by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 16,025,236 shares of the semiconductor company’s stock worth $289,416,000 after acquiring an additional 361,010 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Amkor Technology by 2.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 13,398,430 shares of the semiconductor company’s stock worth $241,980,000 after acquiring an additional 365,975 shares during the period. American Century Companies Inc. lifted its position in shares of Amkor Technology by 30.0% in the 2nd quarter. American Century Companies Inc. now owns 3,818,331 shares of the semiconductor company’s stock worth $80,147,000 after acquiring an additional 880,738 shares during the period. AQR Capital Management LLC lifted its position in shares of Amkor Technology by 38.3% in the 2nd quarter. AQR Capital Management LLC now owns 3,558,040 shares of the semiconductor company’s stock worth $74,541,000 after acquiring an additional 985,727 shares during the period. Finally, SW Investment Management LLC lifted its position in shares of Amkor Technology by 89.3% in the 1st quarter. SW Investment Management LLC now owns 2,650,000 shares of the semiconductor company’s stock worth $47,859,000 after acquiring an additional 1,250,000 shares during the period. Institutional investors own 42.76% of the company’s stock.

Amkor Technology Stock Up 3.2%

AMKR opened at $32.28 on Tuesday. Amkor Technology has a fifty-two week low of $14.03 and a fifty-two week high of $33.54. The business has a 50-day moving average of $26.98 and a 200-day moving average of $22.21. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.89 and a quick ratio of 1.70. The company has a market capitalization of $7.98 billion, a PE ratio of 26.24 and a beta of 1.98.

Amkor Technology (NASDAQ:AMKRGet Free Report) last issued its quarterly earnings data on Monday, July 28th. The semiconductor company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.06. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.42 billion. Amkor Technology had a return on equity of 7.23% and a net margin of 4.80%.The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.27 EPS. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. Equities research analysts forecast that Amkor Technology will post 1.47 EPS for the current fiscal year.

Amkor Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 3rd were issued a $0.0827 dividend. The ex-dividend date of this dividend was Wednesday, September 3rd. This represents a $0.33 dividend on an annualized basis and a yield of 1.0%. Amkor Technology’s dividend payout ratio (DPR) is 26.83%.

Amkor Technology Company Profile

(Get 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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Analyst Recommendations for Amkor Technology (NASDAQ:AMKR)

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