Amkor Technology, Inc. (NASDAQ:AMKR) Short Interest Down 14.6% in January

Amkor Technology, Inc. (NASDAQ:AMKR) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 8,306,875 shares, a decline of 14.6% from the January 15th total of 9,724,705 shares. Approximately 4.6% of the company’s shares are sold short. Based on an average daily volume of 3,496,799 shares, the days-to-cover ratio is currently 2.4 days. Based on an average daily volume of 3,496,799 shares, the days-to-cover ratio is currently 2.4 days. Approximately 4.6% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

AMKR has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Amkor Technology from a “hold” rating to a “buy” rating in a research report on Saturday. Morgan Stanley boosted their price target on shares of Amkor Technology from $28.00 to $45.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 10th. Zacks Research upgraded shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. JPMorgan Chase & Co. lifted their target price on shares of Amkor Technology from $32.00 to $65.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th. Finally, B. Riley Financial boosted their target price on Amkor Technology from $29.00 to $48.00 and gave the company a “neutral” rating in a research report on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $49.86.

Amkor Technology Stock Down 8.0%

Amkor Technology stock opened at $47.48 on Tuesday. The firm has a market capitalization of $11.74 billion, a P/E ratio of 31.44 and a beta of 2.00. The company has a current ratio of 2.27, a quick ratio of 2.01 and a debt-to-equity ratio of 0.28. Amkor Technology has a twelve month low of $14.03 and a twelve month high of $57.09. The stock’s fifty day simple moving average is $46.80 and its 200-day simple moving average is $35.67.

Amkor Technology (NASDAQ:AMKR) last released its earnings results on Monday, February 9th. The semiconductor company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.43 by $0.26. Amkor Technology had a return on equity of 8.66% and a net margin of 5.57%.The firm had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.84 billion. During the same period in the previous year, the firm posted $0.43 EPS. Amkor Technology’s revenue for the quarter was up 15.9% on a year-over-year basis. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. As a group, equities analysts expect that Amkor Technology will post 1.47 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Amkor Technology news, Director Gil C. Tily sold 20,000 shares of Amkor Technology stock in a transaction on 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 owned 123,806 shares in the company, valued at $5,749,550.64. The trade was a 13.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kevin Engel sold 11,000 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $46.21, for a total value of $508,310.00. Following the completion of the transaction, the executive vice president directly owned 349 shares in the company, valued at approximately $16,127.29. This trade represents a 96.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 66,000 shares of company stock worth $3,135,310. 26.90% of the stock is currently owned by company insiders.

Institutional Trading of Amkor Technology

A number of large investors have recently made changes to their positions in AMKR. Salomon & Ludwin LLC acquired a new position in Amkor Technology during the 3rd quarter worth approximately $25,000. Bessemer Group Inc. lifted its position 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 purchasing an additional 391 shares during the last quarter. IFP Advisors Inc grew its stake in shares of Amkor Technology by 91.2% during 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 in the last quarter. Smartleaf Asset Management LLC increased its holdings in Amkor Technology by 180.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 440 shares during the last quarter. Finally, Hantz Financial Services Inc. increased its holdings in Amkor Technology by 1,050.4% in the second quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 1,250 shares during the last quarter. 42.76% of the stock is currently owned by hedge funds and other institutional investors.

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.