Amkor Technology, Inc. $AMKR Shares Sold by EMC Capital Management

EMC Capital Management trimmed its holdings in Amkor Technology, Inc. (NASDAQ:AMKR) by 50.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,342 shares of the semiconductor company’s stock after selling 10,494 shares during the period. EMC Capital Management’s holdings in Amkor Technology were worth $217,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Royal Bank of Canada grew its stake in Amkor Technology by 100.6% during 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 in the last quarter. SW Investment Management LLC grew its position in shares of Amkor Technology by 89.3% in the first quarter. SW Investment Management LLC now owns 2,650,000 shares of the semiconductor company’s stock valued at $47,859,000 after purchasing an additional 1,250,000 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Amkor Technology by 201.4% in the first quarter. Invesco Ltd. now owns 1,364,719 shares of the semiconductor company’s stock valued at $24,647,000 after purchasing an additional 911,886 shares during the last quarter. AQR Capital Management LLC lifted its position in Amkor Technology by 41.8% during the first quarter. AQR Capital Management LLC now owns 2,572,313 shares of the semiconductor company’s stock worth $45,967,000 after buying an additional 757,956 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its position in Amkor Technology by 111.4% during the first quarter. Jacobs Levy Equity Management Inc. now owns 1,426,515 shares of the semiconductor company’s stock worth $25,763,000 after buying an additional 751,730 shares in the last quarter. 42.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Zacks Research raised Amkor Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. JPMorgan Chase & Co. raised their price objective on shares of Amkor Technology from $27.00 to $32.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 28th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Amkor Technology in a research note on Tuesday, July 29th. B. Riley increased their price target on shares of Amkor Technology from $18.00 to $24.00 and gave the company a “neutral” rating in a research note on Tuesday, July 29th. Finally, Needham & Company LLC raised their price target on shares of Amkor Technology from $32.00 to $37.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $29.63.

Insider Buying and Selling at Amkor Technology

In related news, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $30.74, for a total transaction of $307,400.00. Following the transaction, the chief executive officer owned 356,699 shares of the company’s stock, valued at approximately $10,964,927.26. This represents a 2.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Farshad Haghighi sold 11,792 shares of Amkor Technology stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $25.00, for a total value of $294,800.00. Following the completion of the transaction, the executive vice president directly owned 8,354 shares of the company’s stock, valued at approximately $208,850. This represents a 58.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 31,792 shares of company stock valued at $902,200. Company insiders own 26.90% of the company’s stock.

Amkor Technology Trading Down 0.6%

NASDAQ AMKR opened at $30.69 on Wednesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.77 and a quick ratio of 1.70. The stock has a market capitalization of $7.59 billion, a P/E ratio of 24.55 and a beta of 2.02. The firm’s 50-day moving average is $30.79 and its two-hundred day moving average is $24.70. Amkor Technology, Inc. has a 12 month low of $14.03 and a 12 month high of $38.22.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings results on Monday, October 27th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.09. The business 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 7.26%. The business’s revenue was up 6.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.49 EPS. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. On average, sell-side analysts anticipate that Amkor Technology, Inc. will post 1.47 earnings per share for the current year.

Amkor Technology Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 3rd will be paid a dividend of $0.0835 per share. This represents a $0.33 dividend on an annualized basis and a yield of 1.1%. This is a positive change from Amkor Technology’s previous quarterly dividend of $0.08. The ex-dividend date is Wednesday, December 3rd. Amkor Technology’s payout ratio is currently 26.40%.

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.