Covea Finance Invests $2.57 Million in Amkor Technology, Inc. $AMKR

Covea Finance bought a new stake in Amkor Technology, Inc. (NASDAQ:AMKR) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 65,200 shares of the semiconductor company’s stock, valued at approximately $2,574,000.

Several other institutional investors and hedge funds have also modified their holdings of AMKR. Royal Bank of Canada increased its holdings in Amkor Technology by 100.6% during the 1st quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock valued at $349,000 after purchasing an additional 3,454,012 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Amkor Technology by 305.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,574,607 shares of the semiconductor company’s stock worth $44,719,000 after purchasing an additional 1,186,313 shares in the last quarter. AQR Capital Management LLC boosted its stake in Amkor Technology by 38.3% in the second quarter. AQR Capital Management LLC now owns 3,558,040 shares of the semiconductor company’s stock worth $74,541,000 after purchasing an additional 985,727 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Amkor Technology by 30.0% during the second quarter. American Century Companies Inc. now owns 3,818,331 shares of the semiconductor company’s stock worth $80,147,000 after purchasing an additional 880,738 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Amkor Technology in the second quarter valued at $17,221,000. 42.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AMKR. Morgan Stanley lifted their price target on Amkor Technology from $28.00 to $45.00 and gave the company an “equal weight” rating in a report on Tuesday, February 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday, January 21st. Wall Street Zen cut shares of Amkor Technology from a “strong-buy” rating to a “buy” rating in a research report on Saturday. UBS Group set a $43.00 target price on shares of Amkor Technology in a research note on Tuesday, February 10th. Finally, The Goldman Sachs Group increased their price target on shares of Amkor Technology from $38.00 to $43.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Three analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $49.86.

Amkor Technology Price Performance

Shares of AMKR stock opened at $45.83 on Friday. The firm has a market cap of $11.33 billion, a price-to-earnings ratio of 30.35 and a beta of 1.94. Amkor Technology, Inc. has a 12 month low of $14.03 and a 12 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 stock has a 50-day moving average price of $47.95 and a 200 day moving average price of $39.24.

Amkor Technology (NASDAQ:AMKR) last released its earnings results 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 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 company’s revenue was up 15.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.43 EPS. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. Research analysts expect that Amkor Technology, Inc. will post 1.47 EPS for the current year.

Amkor Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 12th will be issued a $0.0835 dividend. This represents a $0.33 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, March 12th. Amkor Technology’s dividend payout ratio is currently 21.85%.

Insider Buying and Selling at Amkor Technology

In other Amkor Technology news, Director Guillaume Marie Jean Rutten sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were 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 trade represents a 3.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Kevin K. Engel sold 12,500 shares of Amkor Technology stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $48.75, for a total transaction of $609,375.00. Following the sale, the chief executive officer directly owned 2,953 shares of the company’s stock, valued at $143,958.75. This represents a 80.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 52,500 shares of company stock valued at $2,585,875. 26.90% of the stock is currently owned by insiders.

Amkor Technology 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.