Amkor Technology (NASDAQ:AMKR) Stock Price Down 7.9% Following Insider Selling

Shares of Amkor Technology, Inc. (NASDAQ:AMKR) dropped 7.9% during trading on Tuesday following insider selling activity. The stock traded as low as $40.50 and last traded at $40.4280. Approximately 1,246,680 shares changed hands during trading, a decline of 49% from the average daily volume of 2,447,873 shares. The stock had previously closed at $43.91.

Specifically, Director Gil C. Tily sold 20,000 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $46.44, for a total value of $928,800.00. Following the completion of the sale, the director owned 123,806 shares in the company, valued at $5,749,550.64. This represents a 13.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Kevin Engel sold 11,000 shares of the company’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $46.21, for a total transaction of $508,310.00. Following the completion of the sale, the executive vice president directly owned 349 shares of the company’s stock, valued at $16,127.29. The trade was a 96.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In other Amkor Technology news, Director Maryfrances Mccourt sold 20,000 shares of Amkor Technology stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $46.02, for a total transaction of $920,400.00. Following the transaction, the director owned 55,918 shares of the company’s stock, valued at $2,573,346.36. This trade represents a 26.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on AMKR. Wall Street Zen lowered Amkor Technology from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Needham & Company LLC raised their target price on Amkor Technology from $32.00 to $37.00 and gave the company a “buy” rating in a research report on Tuesday, October 28th. DA Davidson boosted their price target on shares of Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday, October 8th. Finally, The Goldman Sachs Group lifted their price objective on shares of Amkor Technology from $26.00 to $29.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 28th. Four research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $29.63.

Amkor Technology Price Performance

The firm’s 50 day moving average price is $35.41 and its two-hundred day moving average price is $27.68. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.77 and a quick ratio of 1.60. The stock has a market cap of $9.71 billion, a PE ratio of 31.44 and a beta of 1.99.

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

Amkor Technology Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 3rd will be paid a $0.0835 dividend. The ex-dividend date is Wednesday, December 3rd. This represents a $0.33 annualized dividend and a yield of 0.9%. This is a boost from Amkor Technology’s previous quarterly dividend of $0.08. Amkor Technology’s dividend payout ratio is currently 26.40%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. FNY Investment Advisers LLC boosted its stake in Amkor Technology by 83.5% during the third quarter. FNY Investment Advisers LLC now owns 1,472 shares of the semiconductor company’s stock valued at $41,000 after buying an additional 670 shares during the period. Allworth Financial LP raised its holdings in shares of Amkor Technology by 51.7% in the 3rd quarter. Allworth Financial LP now owns 4,005 shares of the semiconductor company’s stock valued at $114,000 after acquiring an additional 1,365 shares in the last quarter. IFP Advisors Inc boosted its position in shares of Amkor Technology by 91.2% during the 3rd quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 447 shares during the last quarter. Caerus Investment Advisors LLC purchased a new position in shares of Amkor Technology during the third quarter worth about $202,000. Finally, Faithward Advisors LLC increased its position in shares of Amkor Technology by 1.8% in the third quarter. Faithward Advisors LLC now owns 128,463 shares of the semiconductor company’s stock worth $3,648,000 after purchasing an additional 2,326 shares during the last quarter. 42.76% of the stock is currently owned by hedge funds and other institutional investors.

Amkor Technology Company Profile

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.