Fisher Asset Management LLC grew its holdings in Amkor Technology, Inc. (NASDAQ:AMKR – Free Report) by 10.5% in the third quarter, HoldingsChannel reports. The fund owned 687,918 shares of the semiconductor company’s stock after buying an additional 65,485 shares during the period. Fisher Asset Management LLC’s holdings in Amkor Technology were worth $19,537,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also modified their holdings of the business. Allianz Asset Management GmbH increased its holdings in shares of Amkor Technology by 47.0% during the third quarter. Allianz Asset Management GmbH now owns 519,461 shares of the semiconductor company’s stock worth $14,753,000 after purchasing an additional 166,091 shares during the period. Norges Bank acquired a new stake in Amkor Technology during the second quarter worth approximately $17,221,000. WINTON GROUP Ltd increased its stake in Amkor Technology by 70.4% during the 2nd quarter. WINTON GROUP Ltd now owns 97,108 shares of the semiconductor company’s stock worth $2,038,000 after acquiring an additional 40,129 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in Amkor Technology by 53.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 59,386 shares of the semiconductor company’s stock worth $1,767,000 after acquiring an additional 20,710 shares during the period. Finally, Squarepoint Ops LLC raised its holdings in Amkor Technology by 61.1% in the 2nd quarter. Squarepoint Ops LLC now owns 229,734 shares of the semiconductor company’s stock valued at $4,822,000 after acquiring an additional 87,138 shares in the last quarter. 42.76% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other Amkor Technology 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 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Mark N. Rogers sold 5,000 shares of Amkor Technology stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $49.28, for a total value of $246,400.00. Following the sale, the executive vice president directly owned 23,862 shares in the company, valued at $1,175,919.36. The trade was a 17.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 98,500 shares of company stock valued at $4,720,685. 26.90% of the stock is currently owned by insiders.
Amkor Technology Stock Performance
Amkor Technology (NASDAQ:AMKR – Get Free Report) last posted its quarterly earnings results on Monday, February 9th. The semiconductor company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.26. The company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.84 billion. Amkor Technology had a net margin of 5.57% and a return on equity of 8.66%. The firm’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same period last year, the company posted $0.43 EPS. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. As a group, analysts expect that Amkor Technology, Inc. will post 1.47 earnings per share for the current fiscal year.
Amkor Technology Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th will be given a $0.0835 dividend. The ex-dividend date is Thursday, March 12th. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%. Amkor Technology’s dividend payout ratio (DPR) is currently 21.85%.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on AMKR. Morgan Stanley increased their target price on Amkor Technology from $28.00 to $45.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 10th. The Goldman Sachs Group upped their price objective on shares of Amkor Technology from $38.00 to $43.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 10th. B. Riley Financial raised their target price on shares of Amkor Technology from $29.00 to $48.00 and gave the company a “neutral” rating in a report on Thursday, January 15th. Zacks Research cut shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th. Finally, JPMorgan Chase & Co. upped their price target on shares of Amkor Technology from $32.00 to $65.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. Three research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $49.86.
Get Our Latest Research Report on Amkor Technology
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.
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