Amkor Technology (NASDAQ:AMKR) Lowered to “Hold” Rating by Wall Street Zen

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

A number of other research firms also recently issued reports on AMKR. UBS Group set a $50.00 price objective on shares of Amkor Technology in a report on Monday. Needham & Company LLC increased their price target on shares of Amkor Technology from $37.00 to $50.00 and gave the stock a “buy” rating in a research report on Monday. The Goldman Sachs Group reissued a “neutral” rating on shares of Amkor Technology in a research report on Friday. Zacks Research lowered Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 25th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Amkor Technology in a research report on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $35.00.

View Our Latest Report on AMKR

Amkor Technology Price Performance

NASDAQ AMKR opened at $52.29 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.77 and a quick ratio of 1.60. Amkor Technology has a 1-year low of $14.03 and a 1-year high of $53.53. The stock has a market capitalization of $12.93 billion, a price-to-earnings ratio of 41.83 and a beta of 1.99. The business’s fifty day moving average price is $39.52 and its 200-day moving average price is $30.43.

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

Insider Activity at Amkor Technology

In other Amkor Technology news, Director Gil C. Tily sold 20,000 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $46.44, for a total transaction of $928,800.00. Following the completion of the transaction, the director owned 123,806 shares of the company’s stock, valued at $5,749,550.64. This represents a 13.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $31.68, for a total value of $316,800.00. Following the transaction, the chief executive officer owned 346,699 shares of the company’s stock, valued at approximately $10,983,424.32. The trade was a 2.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 91,000 shares of company stock valued at $3,615,510 in the last ninety days. Corporate insiders own 26.90% of the company’s stock.

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 AMKR. Salomon & Ludwin LLC purchased a new position in Amkor Technology during the 3rd quarter valued at approximately $25,000. Bessemer Group Inc. raised its holdings in shares of Amkor Technology by 72.1% during the 3rd quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 391 shares in the last quarter. IFP Advisors Inc boosted its position in shares of Amkor Technology by 91.2% during the 3rd quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 447 shares during the last quarter. Hantz Financial Services Inc. boosted its position in shares of Amkor Technology by 1,050.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 1,250 shares during the last quarter. Finally, FNY Investment Advisers LLC grew its holdings in shares of Amkor Technology by 83.5% in the third quarter. FNY Investment Advisers LLC now owns 1,472 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 670 shares in the last quarter. 42.76% of the stock is owned by institutional investors.

About Amkor Technology

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Amkor Technology (NASDAQ:AMKR)

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