Jupiter Topco LLC Purchases Shares of 55,603 Amkor Technology, Inc. $AMKR

Jupiter Topco LLC acquired a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR) in the second quarter, HoldingsChannel.com reports. The firm acquired 55,603 shares of the semiconductor company’s stock, valued at approximately $4,795,000.

Several other institutional investors and hedge funds have also recently modified their holdings of AMKR. IFP Advisors Inc raised its position in shares of Amkor Technology by 91.2% in the third quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 447 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of Amkor Technology by 180.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock worth $28,000 after buying an additional 440 shares during the period. Root Financial Partners LLC grew its stake in Amkor Technology by 38.8% in the 4th quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock valued at $37,000 after buying an additional 262 shares during the last quarter. CoreCap Advisors LLC grew its stake in Amkor Technology by 56.4% in the 2nd quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 158 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its holdings in Amkor Technology by 61.8% in the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 854 shares during the period. 42.76% of the stock is currently owned by institutional investors and hedge funds.

Amkor Technology Stock Down 1.2%

Shares of NASDAQ AMKR opened at $47.30 on Tuesday. The stock has a market capitalization of $11.75 billion, a P/E ratio of 21.21, a PEG ratio of 0.59 and a beta of 2.25. The stock’s fifty day moving average is $61.59 and its 200 day moving average is $61.17. Amkor Technology, Inc. has a 52 week low of $23.36 and a 52 week high of $96.68. 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 (NASDAQ:AMKR) last posted its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.23. The business had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.81 billion. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. Amkor Technology’s revenue was up 25.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Sell-side analysts forecast that Amkor Technology, Inc. will post 2.6 earnings per share for the current fiscal year.

Amkor Technology Dividend Announcement

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

Insider Activity at Amkor Technology

In related news, Director Douglas A. Alexander sold 5,000 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $55.81, for a total transaction of $279,050.00. Following the sale, the director owned 29,109 shares in the company, valued at approximately $1,624,573.29. This trade represents a 14.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark N. Rogers sold 5,000 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president owned 38,904 shares of the company’s stock, valued at approximately $2,325,681.12. This represents a 11.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 50,221 shares of company stock worth $3,059,887 in the last 90 days. Corporate insiders own 26.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on AMKR. Zacks Research upgraded Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. UBS Group upgraded Amkor Technology from a “neutral” rating to a “buy” rating and increased their target price for the stock from $80.00 to $90.00 in a research note on Friday, July 24th. Morgan Stanley lifted 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, July 28th. B. Riley Financial decreased their price objective on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a report on Tuesday, July 28th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $90.00 price objective on shares of Amkor Technology in a research report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $68.33.

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.