Amkor Technology (NASDAQ:AMKR) Stock Rating Lowered by Wall Street Zen

Amkor Technology (NASDAQ:AMKR) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday.

A number of other brokerages have also recently commented on AMKR. The Goldman Sachs Group increased their price target on shares of Amkor Technology from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Tuesday, October 28th. Needham & Company LLC raised their target price on shares of Amkor Technology from $32.00 to $37.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. DA Davidson raised their price objective on shares of Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Zacks Research cut Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 25th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $29.63.

Amkor Technology Trading Up 0.1%

Shares of AMKR stock opened at $43.23 on Friday. The company has a market capitalization of $10.69 billion, a PE ratio of 34.58 and a beta of 1.99. Amkor Technology has a 52-week low of $14.03 and a 52-week high of $44.06. The business’s fifty day moving average is $33.12 and its 200 day moving average is $26.22. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.60 and a current ratio of 1.77.

Amkor Technology (NASDAQ:AMKR) last announced its earnings results on Monday, October 27th. The semiconductor company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.09. The business had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.93 billion. Amkor Technology had a return on equity of 7.26% and a net margin of 4.77%.The company’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.49 EPS. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. On average, equities research analysts anticipate that Amkor Technology will post 1.47 EPS for the current fiscal year.

Insider Activity

In other Amkor Technology news, EVP Farshad Haghighi sold 11,792 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $25.00, for a total transaction of $294,800.00. Following the completion of the sale, the executive vice president directly owned 8,354 shares in the company, valued at approximately $208,850. This trade represents a 58.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Mark N. Rogers sold 20,000 shares of Amkor Technology stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $31.69, for a total transaction of $633,800.00. Following the completion of the transaction, the executive vice president directly owned 23,862 shares of the company’s stock, valued at $756,186.78. This trade represents a 45.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 61,792 shares of company stock worth $1,852,800 over the last three months. 26.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Amkor Technology

Several institutional investors and hedge funds have recently made changes to their positions in the company. Salomon & Ludwin LLC purchased a new position in Amkor Technology in the 3rd quarter worth approximately $25,000. Bessemer Group Inc. boosted its stake in Amkor Technology by 72.1% during the 3rd quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 391 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of Amkor Technology in the 1st quarter worth $27,000. IFP Advisors Inc raised its stake 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 worth $27,000 after purchasing an additional 447 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its holdings in shares of Amkor Technology by 1,050.4% during the second quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 1,250 shares in the last quarter. Institutional investors own 42.76% of the company’s stock.

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.