Amkor Technology (NASDAQ:AMKR) Downgraded to “Buy” Rating by Wall Street Zen

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

A number of other research analysts also recently issued reports on AMKR. B. Riley Financial boosted their price target on Amkor Technology from $29.00 to $48.00 and gave the company a “neutral” rating in a report on Thursday, January 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday, January 21st. JPMorgan Chase & Co. lifted their price objective on Amkor Technology from $32.00 to $65.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 10th. Zacks Research lowered shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. Finally, Needham & Company LLC boosted their price target on shares of Amkor Technology from $50.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Three investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Amkor Technology currently has a consensus rating of “Hold” and a consensus price target of $49.86.

Amkor Technology Trading Down 4.8%

Shares of AMKR opened at $45.83 on Friday. The stock has a market capitalization of $11.33 billion, a P/E ratio of 30.35 and a beta of 1.94. Amkor Technology has a twelve month low of $14.03 and a twelve month high of $57.09. The company has a quick ratio of 2.01, a current ratio of 2.27 and a debt-to-equity ratio of 0.28. The firm has a fifty day simple moving average of $47.95 and a two-hundred day simple moving average of $39.24.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.26. The firm had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.84 billion. Amkor Technology had a net margin of 5.57% and a return on equity of 8.66%. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.43 earnings per share. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. On average, research analysts anticipate that Amkor Technology will post 1.47 EPS for the current year.

Insider Buying and Selling

In related news, Director Guillaume Marie Jean Rutten sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $48.80, for a total value of $976,000.00. Following the transaction, the director directly owned 543,866 shares of the company’s stock, valued at approximately $26,540,660.80. This represents a 3.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Mark N. Rogers sold 5,000 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $44.54, for a total value of $222,700.00. Following the sale, the executive vice president owned 38,904 shares in the company, valued at approximately $1,732,784.16. This represents a 11.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 52,500 shares of company stock worth $2,585,875 in the last three months. Insiders own 26.90% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AMKR. Salomon & Ludwin LLC bought a new stake in Amkor Technology during the third quarter valued at about $25,000. Bessemer Group Inc. grew its holdings in shares of Amkor Technology by 72.1% in the third quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 391 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of Amkor Technology by 91.2% in the 3rd quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock worth $27,000 after buying an additional 447 shares during the last quarter. Smartleaf Asset Management LLC raised its position in Amkor Technology by 180.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 440 shares during the period. Finally, Root Financial Partners LLC lifted its position in Amkor Technology by 38.8% in the fourth quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock worth $37,000 after buying an additional 262 shares during the last quarter. 42.76% of the stock is owned by hedge funds and other institutional investors.

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.