Stock Traders Buy Large Volume of Amkor Technology Put Options (NASDAQ:AMKR)

Amkor Technology, Inc. (NASDAQ:AMKR) was the target of some unusual options trading activity on Tuesday. Traders bought 38,737 put options on the stock. This represents an increase of approximately 998% compared to the typical volume of 3,528 put options.

Insiders Place Their Bets

In other news, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the business’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $30.74, for a total value of $307,400.00. Following the completion of the sale, the chief executive officer owned 356,699 shares in the company, valued at approximately $10,964,927.26. The trade was a 2.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder John T. Kim purchased 441,589 shares of Amkor Technology stock in a transaction dated Friday, August 1st. The stock was acquired at an average price of $21.85 per share, with a total value of $9,648,719.65. Following the acquisition, the insider owned 3,789,479 shares in the company, valued at approximately $82,800,116.15. This represents a 13.19% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have sold 46,792 shares of company stock worth $1,255,900. 26.90% of the stock is owned by corporate insiders.

Institutional Trading of Amkor Technology

Several large investors have recently made changes to their positions in AMKR. Royal Bank of Canada boosted its holdings in shares of Amkor Technology by 100.6% in the 1st quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock valued at $349,000 after acquiring an additional 3,454,012 shares during the last quarter. SW Investment Management LLC boosted its holdings 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 valued at $47,859,000 after acquiring an additional 1,250,000 shares during the last quarter. AQR Capital Management LLC boosted its holdings 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 valued at $74,541,000 after acquiring an additional 985,727 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Amkor Technology by 201.4% in the 1st quarter. Invesco Ltd. now owns 1,364,719 shares of the semiconductor company’s stock valued at $24,647,000 after acquiring an additional 911,886 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings 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 valued at $80,147,000 after acquiring an additional 880,738 shares during the last quarter. 42.76% of the stock is owned by hedge funds and other institutional investors.

Amkor Technology Stock Down 3.1%

NASDAQ:AMKR opened at $32.16 on Wednesday. The company has a market cap of $7.95 billion, a PE ratio of 25.73 and a beta of 1.98. Amkor Technology has a twelve month low of $14.03 and a twelve month high of $33.82. The company has a current ratio of 1.89, a quick ratio of 1.70 and a debt-to-equity ratio of 0.28. The company’s 50 day moving average is $27.94 and its two-hundred day moving average is $22.88.

Amkor Technology (NASDAQ:AMKR) last released its earnings results on Monday, October 27th. The semiconductor company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.09. The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.93 billion. Amkor Technology had a net margin of 4.77% and a return on equity of 7.32%. Amkor Technology’s revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.49 EPS. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. Analysts anticipate that Amkor Technology will post 1.47 EPS for the current year.

Amkor Technology Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. UBS Group boosted their price target on shares of Amkor Technology from $23.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. B. Riley boosted their price objective on shares of Amkor Technology from $18.00 to $24.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 29th. Morgan Stanley reiterated an “equal weight” rating on shares of Amkor Technology in a research note on Tuesday, July 29th. The Goldman Sachs Group boosted their price objective on shares of Amkor Technology from $26.00 to $29.00 and gave the stock a “neutral” rating in a research note on Tuesday. Finally, Needham & Company LLC boosted their price objective on shares of Amkor Technology from $32.00 to $37.00 and gave the stock a “buy” rating in a research note on Tuesday. Four equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Amkor Technology has a consensus rating of “Hold” and an average price target of $29.63.

About Amkor Technology

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.