Amkor Technology, Inc. (NASDAQ:AMKR – Get Free Report) CFO Megan Faust sold 1,000 shares of the stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $64.60, for a total value of $64,600.00. Following the sale, the chief financial officer owned 133,138 shares in the company, valued at $8,600,714.80. The trade was a 0.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amkor Technology Price Performance
Shares of AMKR stock opened at $68.49 on Thursday. The stock’s fifty day moving average is $59.17 and its 200-day moving average is $49.01. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.74 and a current ratio of 2.01. The stock has a market capitalization of $16.98 billion, a PE ratio of 39.14 and a beta of 2.29. Amkor Technology, Inc. has a 52 week low of $17.79 and a 52 week high of $79.23.
Amkor Technology (NASDAQ:AMKR – Get Free Report) last announced its earnings results on Monday, April 27th. The semiconductor company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.23 by $0.10. The company had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Amkor Technology had a return on equity of 9.88% and a net margin of 6.17%.The business’s revenue for the quarter was up 27.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.09 earnings per share. Equities research analysts expect that Amkor Technology, Inc. will post 2.08 EPS for the current fiscal year.
Amkor Technology Announces Dividend
More Amkor Technology News
Here are the key news stories impacting Amkor Technology this week:
- Positive Sentiment: Amkor announced it will host its 2026 Investor Day and ring the Nasdaq Closing Bell, which can help reinforce investor visibility and confidence in the company’s strategy. Amkor Technology to Host 2026 Investor Day and Ring Nasdaq Closing Bell
- Positive Sentiment: The company recently expanded its U.S. advanced packaging footprint by securing an additional 67 acres in Arizona, a move that supports future capacity growth and strengthens its domestic manufacturing strategy. Amkor Technology Expands U.S. Advanced Packaging Footprint with Additional Land in Arizona
- Positive Sentiment: Analysts and market commentary continue to frame Amkor Technology (AMKR) as a long-term growth story, which may be adding support to the stock. Why Amkor Technology (AMKR) is a Top Growth Stock for the Long-Term
- Neutral Sentiment: Amkor’s annual meeting outcomes were routine, with shareholders reelecting the board and approving executive pay, which is not usually a major stock catalyst. Amkor Shareholders Reelect Board and Approve Executive Pay
- Neutral Sentiment: Two executives sold shares, including EVP Mark Rogers and CFO Megan Faust, but both transactions were made under pre-arranged 10b5-1 trading plans, which usually limits the bearish signal.
Hedge Funds Weigh In On Amkor Technology
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Amkor Technology by 4.6% during the third quarter. Vanguard Group Inc. now owns 15,779,847 shares of the semiconductor company’s stock worth $448,148,000 after buying an additional 687,900 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Amkor Technology by 18.4% during the third quarter. AQR Capital Management LLC now owns 4,211,529 shares of the semiconductor company’s stock worth $119,607,000 after buying an additional 653,489 shares during the last quarter. American Century Companies Inc. boosted its holdings in Amkor Technology by 0.5% during the third quarter. American Century Companies Inc. now owns 3,835,987 shares of the semiconductor company’s stock worth $108,942,000 after buying an additional 17,656 shares during the last quarter. State Street Corp boosted its holdings in Amkor Technology by 1.4% during the fourth quarter. State Street Corp now owns 3,473,925 shares of the semiconductor company’s stock worth $137,151,000 after buying an additional 47,514 shares during the last quarter. Finally, First Trust Advisors LP boosted its holdings in Amkor Technology by 37.4% during the fourth quarter. First Trust Advisors LP now owns 2,722,310 shares of the semiconductor company’s stock worth $107,477,000 after buying an additional 740,701 shares during the last quarter. Institutional investors own 42.76% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms recently issued reports on AMKR. Morgan Stanley raised their price target on Amkor Technology from $45.00 to $69.00 and gave the company an “equal weight” rating in a report on Tuesday, April 28th. Zacks Research cut Amkor Technology from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 25th. JPMorgan Chase & Co. raised their price target on Amkor Technology from $32.00 to $65.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th. UBS Group set a $43.00 price target on Amkor Technology in a report on Tuesday, February 10th. Finally, The Goldman Sachs Group raised their price target on Amkor Technology from $43.00 to $65.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Four research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $62.75.
Check Out Our Latest Research Report on Amkor Technology
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.
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