Legal & General Group Plc Buys 17,041 Shares of Amkor Technology, Inc. $AMKR

Legal & General Group Plc boosted its position in Amkor Technology, Inc. (NASDAQ:AMKR) by 9.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 198,641 shares of the semiconductor company’s stock after purchasing an additional 17,041 shares during the quarter. Legal & General Group Plc’s holdings in Amkor Technology were worth $4,169,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of AMKR. Hantz Financial Services Inc. grew its position in shares of Amkor Technology by 1,050.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company’s stock worth $29,000 after buying an additional 1,250 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in Amkor Technology during the first quarter valued at approximately $27,000. MassMutual Private Wealth & Trust FSB boosted its stake in Amkor Technology by 416.8% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,602 shares of the semiconductor company’s stock valued at $34,000 after acquiring an additional 1,292 shares in the last quarter. Advisors Asset Management Inc. grew its holdings in Amkor Technology by 61.8% in the first quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 854 shares during the last quarter. Finally, Quaker Wealth Management LLC increased its position in shares of Amkor Technology by 301.1% during the second quarter. Quaker Wealth Management LLC now owns 2,514 shares of the semiconductor company’s stock worth $53,000 after purchasing an additional 3,764 shares in the last quarter. 42.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Amkor Technology news, EVP Farshad Haghighi sold 11,792 shares of the company’s stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $25.00, for a total value of $294,800.00. Following the sale, the executive vice president owned 8,354 shares in the company, valued at approximately $208,850. This represents a 58.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Mark N. Rogers sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $31.69, for a total transaction of $633,800.00. Following the sale, the executive vice president directly owned 23,862 shares in the company, valued at $756,186.78. The trade was a 45.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 61,792 shares of company stock valued at $1,852,800 over the last ninety days. Company insiders own 26.90% of the company’s stock.

Wall Street Analysts Forecast Growth

AMKR has been the subject of a number of recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a research report on Wednesday, October 8th. Wall Street Zen lowered Amkor Technology from a “buy” rating to a “hold” rating in a research note on Saturday. JPMorgan Chase & Co. upped their price objective on shares of Amkor Technology from $27.00 to $32.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. DA Davidson lifted their target price on shares of Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Finally, Zacks Research downgraded shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 25th. Four research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Amkor Technology has a consensus rating of “Hold” and a consensus price target of $29.63.

Amkor Technology Price Performance

Shares of NASDAQ AMKR opened at $43.23 on Friday. Amkor Technology, Inc. has a 52 week low of $14.03 and a 52 week high of $44.06. The business’s 50 day moving average price is $33.12 and its 200 day moving average price is $26.22. The company has a quick ratio of 1.60, a current ratio of 1.77 and a debt-to-equity ratio of 0.29. The firm has a market cap of $10.69 billion, a P/E ratio of 34.58 and a beta of 1.99.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings data on Monday, October 27th. The semiconductor company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.42 by $0.09. The business had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.93 billion. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. The business’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.49 EPS. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. On average, sell-side analysts expect that Amkor Technology, Inc. will post 1.47 earnings per share for the current year.

Amkor Technology Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Wednesday, December 3rd will be paid a $0.0835 dividend. The ex-dividend date is Wednesday, December 3rd. This is a positive change from Amkor Technology’s previous quarterly dividend of $0.08. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.8%. Amkor Technology’s dividend payout ratio (DPR) is currently 26.40%.

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.