Segall Bryant & Hamill LLC Sells 453,887 Shares of Amkor Technology, Inc. $AMKR

Segall Bryant & Hamill LLC lessened its holdings in shares of Amkor Technology, Inc. (NASDAQ:AMKR) by 50.6% during the 1st quarter, HoldingsChannel reports. The fund owned 443,750 shares of the semiconductor company’s stock after selling 453,887 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Amkor Technology were worth $19,982,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of AMKR. Fisher Asset Management LLC boosted its position in shares of Amkor Technology by 204.5% in the fourth quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock worth $82,712,000 after purchasing an additional 1,407,109 shares during the period. UBS Group AG raised its position in shares of Amkor Technology by 205.5% during the 4th quarter. UBS Group AG now owns 1,254,658 shares of the semiconductor company’s stock valued at $49,534,000 after purchasing an additional 843,983 shares during the period. Black Swift Group LLC purchased a new position in shares of Amkor Technology during the 4th quarter valued at $797,000. Jefferies Financial Group Inc. purchased a new position in shares of Amkor Technology during the 4th quarter valued at $841,000. Finally, GF Fund Management CO. LTD. bought a new position in Amkor Technology in the 4th quarter worth $4,868,000. Institutional investors own 42.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on AMKR. Zacks Research upgraded Amkor Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Morgan Stanley boosted their price target on Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a report on Tuesday. B. Riley Financial dropped their price target 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. UBS Group upgraded shares of Amkor Technology from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $80.00 to $90.00 in a research report on Friday, July 24th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $90.00 target price on shares of Amkor Technology in a report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Amkor Technology currently has a consensus rating of “Moderate Buy” and an average target price of $68.12.

Amkor Technology Price Performance

NASDAQ:AMKR opened at $49.87 on Friday. The business’s 50-day moving average is $71.67 and its 200 day moving average is $60.61. Amkor Technology, Inc. has a 12 month low of $21.57 and a 12 month high of $96.68. The company has a market capitalization of $12.39 billion, a P/E ratio of 22.36 and a beta of 2.20. The company has a current ratio of 2.17, a quick ratio of 1.74 and a debt-to-equity ratio of 0.50.

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

Amkor Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Wednesday, June 3rd were given a dividend of $0.0835 per share. The ex-dividend date was Wednesday, June 3rd. This represents a $0.33 annualized dividend and a yield of 0.7%. Amkor Technology’s dividend payout ratio (DPR) is 14.80%.

Insiders Place Their Bets

In related news, Director Douglas A. Alexander sold 5,000 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $76.58, for a total value of $382,900.00. Following the completion of the transaction, the director owned 29,109 shares of the company’s stock, valued at approximately $2,229,167.22. This trade represents a 14.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Guillaume Marie Jean Rutten sold 50,000 shares of Amkor Technology stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $74.28, for a total value of $3,714,000.00. Following the completion of the transaction, the director owned 502,558 shares of the company’s stock, valued at approximately $37,330,008.24. This represents a 9.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 117,221 shares of company stock worth $8,782,837. Insiders own 26.40% of the company’s stock.

Amkor Technology Company Profile

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.