Allspring Global Investments Holdings LLC Invests $6.71 Million in Amkor Technology, Inc. $AMKR

Allspring Global Investments Holdings LLC acquired a new stake in Amkor Technology, Inc. (NASDAQ:AMKR) in the third quarter, Holdings Channel.com reports. The fund acquired 227,679 shares of the semiconductor company’s stock, valued at approximately $6,710,000.

Several other institutional investors and hedge funds have also recently modified their holdings of AMKR. Merit Financial Group LLC boosted its holdings in Amkor Technology by 15.4% during the 3rd quarter. Merit Financial Group LLC now owns 13,337 shares of the semiconductor company’s stock valued at $379,000 after acquiring an additional 1,776 shares during the period. Diversified Trust Co acquired a new stake in shares of Amkor Technology during the third quarter worth about $333,000. Sowell Financial Services LLC acquired a new stake in shares of Amkor Technology during the third quarter worth about $504,000. CWM LLC boosted its stake in shares of Amkor Technology by 86.9% in the third quarter. CWM LLC now owns 97,100 shares of the semiconductor company’s stock valued at $2,758,000 after purchasing an additional 45,160 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in shares of Amkor Technology by 657.5% in the third quarter. Farther Finance Advisors LLC now owns 5,181 shares of the semiconductor company’s stock valued at $147,000 after purchasing an additional 4,497 shares during the period. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Insider Buying and Selling at Amkor Technology

In other news, EVP Kevin Engel sold 11,000 shares of the stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $46.21, for a total value of $508,310.00. Following the transaction, the executive vice president owned 349 shares in the company, valued at approximately $16,127.29. This represents a 96.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Gil C. Tily sold 20,000 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $46.44, for a total value of $928,800.00. Following the sale, the director directly owned 123,806 shares in the company, valued at $5,749,550.64. This trade represents a 13.91% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 91,000 shares of company stock worth $3,615,510. Corporate insiders own 26.90% of the company’s stock.

Amkor Technology Trading Up 6.6%

Shares of NASDAQ:AMKR opened at $51.29 on Wednesday. Amkor Technology, Inc. has a 52 week low of $14.03 and a 52 week high of $53.07. The company’s 50 day moving average is $38.34 and its two-hundred day moving average is $29.91. The company has a market cap of $12.68 billion, a PE ratio of 41.03 and a beta of 1.99. The company has a current ratio of 1.77, a quick ratio of 1.60 and a debt-to-equity ratio of 0.29.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings data on Monday, October 27th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.09. The business had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.93 billion. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. The company’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.49 EPS. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. Equities analysts predict that Amkor Technology, Inc. will post 1.47 earnings per share for the current fiscal year.

Amkor Technology Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 3rd were issued a dividend of $0.0835 per share. This is a positive change from Amkor Technology’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%. Amkor Technology’s dividend payout ratio (DPR) is presently 26.40%.

Analysts Set New Price Targets

AMKR has been the topic of a number of research reports. Needham & Company LLC increased their target price on shares of Amkor Technology from $37.00 to $50.00 and gave the stock a “buy” rating in a report on Monday. DA Davidson boosted their price target on shares of Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. The Goldman Sachs Group upped their price objective on Amkor Technology from $26.00 to $29.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 28th. JPMorgan Chase & Co. increased their price objective on Amkor Technology from $27.00 to $32.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $35.00.

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.