Mark Rogers Sells 5,000 Shares of Amkor Technology (NASDAQ:AMKR) Stock

Amkor Technology, Inc. (NASDAQ:AMKR) EVP Mark Rogers sold 5,000 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $59.78, for a total transaction of $298,900.00. Following the sale, the executive vice president owned 38,904 shares of the company’s stock, valued at approximately $2,325,681.12. The trade was a 11.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amkor Technology Stock Down 0.1%

Shares of NASDAQ:AMKR opened at $50.86 on Friday. The company’s fifty day moving average is $67.06 and its two-hundred day moving average is $61.14. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17. Amkor Technology, Inc. has a 1-year low of $22.81 and a 1-year high of $96.68. The stock has a market capitalization of $12.64 billion, a price-to-earnings ratio of 22.81 and a beta of 2.24.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings results on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.47 by $0.23. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The business had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period in the previous year, the business posted $0.22 EPS. The company’s quarterly revenue was up 25.6% on a year-over-year basis. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Equities analysts anticipate that Amkor Technology, Inc. will post 2.62 EPS for the current year.

Amkor Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Wednesday, September 2nd will be paid a $0.0835 dividend. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Wednesday, September 2nd. Amkor Technology’s payout ratio is presently 14.80%.

Wall Street Analysts Forecast Growth

AMKR has been the topic of a number of research reports. Zacks Research upgraded Amkor Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. B. Riley Financial lowered their price objective on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a research note on Tuesday, July 28th. Needham & Company LLC reaffirmed a “buy” rating and issued a $90.00 target price on shares of Amkor Technology in a research report on Tuesday, July 28th. The Goldman Sachs Group raised their target price on Amkor Technology from $43.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Finally, Morgan Stanley boosted their price target on shares of Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating in a report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Amkor Technology presently has an average rating of “Moderate Buy” and a consensus price target of $68.12.

Hedge Funds Weigh In On Amkor Technology

Several hedge funds and other institutional investors have recently made changes to their positions in AMKR. Royal Bank of Canada increased its position in 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 period. Advisors Asset Management Inc. boosted its position in Amkor Technology by 61.8% during the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock worth $40,000 after acquiring an additional 854 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Amkor Technology by 913.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,509 shares of the semiconductor company’s stock worth $136,000 after purchasing an additional 6,768 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Amkor Technology by 73.4% in the first quarter. Goldman Sachs Group Inc. now owns 524,713 shares of the semiconductor company’s stock worth $9,476,000 after purchasing an additional 222,107 shares in the last quarter. Finally, Caxton Associates LLP acquired a new position in shares of Amkor Technology during the first quarter valued at $271,000. 42.76% of the stock is currently owned by institutional investors and hedge funds.

About Amkor Technology

Amkor Technology, Inc (NASDAQ:AMKR) is a leading provider of outsourced semiconductor packaging and test (OSAT) services, supporting integrated device manufacturers and semiconductor foundries worldwide. The company offers a broad range of advanced packaging solutions, including wafer bumping, flip chip, system-in-package and ball grid array technologies, designed to meet the performance, power and form-factor demands of applications across consumer electronics, automotive, communications and industrial markets.

In addition to packaging, Amkor delivers comprehensive test services such as wafer probing, final test, system-level test and digital, analog and mixed-signal testing, enabling customers to accelerate time-to-market and reduce total costs.