Exchange Traded Concepts LLC acquired a new stake in Amkor Technology, Inc. (NASDAQ:AMKR – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 83,706 shares of the semiconductor company’s stock, valued at approximately $3,305,000.
Several other large investors have also recently added to or reduced their stakes in the company. 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 bought a new stake in shares of Amkor Technology in the second quarter valued at approximately $17,221,000. Wealth Enhancement Advisory Services LLC grew its position in Amkor Technology by 53.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 59,386 shares of the semiconductor company’s stock worth $1,767,000 after buying an additional 20,710 shares in the last quarter. WINTON GROUP Ltd grew its position in Amkor Technology by 70.4% during the second quarter. WINTON GROUP Ltd now owns 97,108 shares of the semiconductor company’s stock worth $2,038,000 after buying an additional 40,129 shares in the last quarter. Finally, Squarepoint Ops LLC increased its stake in Amkor Technology by 61.1% during the 2nd quarter. Squarepoint Ops LLC now owns 229,734 shares of the semiconductor company’s stock worth $4,822,000 after acquiring an additional 87,138 shares during the period. Institutional investors own 42.76% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on AMKR shares. Wall Street Zen cut Amkor Technology from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 21st. B. Riley Financial increased their target price on Amkor Technology from $29.00 to $48.00 and gave the stock a “neutral” rating in a report on Thursday, January 15th. Morgan Stanley raised their price target on Amkor Technology from $28.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 10th. UBS Group set a $43.00 price target on Amkor Technology in a research note on Tuesday, February 10th. Finally, Zacks Research cut shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th. Three research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $49.86.
Insider Transactions at Amkor Technology
In other news, CEO Kevin K. Engel sold 12,500 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $48.75, for a total value of $609,375.00. Following the sale, the chief executive officer directly owned 2,953 shares in the company, valued at approximately $143,958.75. This trade represents a 80.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Guillaume Marie Jean Rutten sold 20,000 shares of Amkor Technology stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $48.80, for a total transaction of $976,000.00. Following the sale, the director directly owned 543,866 shares in the company, valued at $26,540,660.80. This trade represents a 3.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 52,500 shares of company stock valued at $2,585,875. 26.90% of the stock is currently owned by insiders.
Amkor Technology Trading Up 9.2%
Shares of AMKR opened at $45.03 on Wednesday. Amkor Technology, Inc. has a 52-week low of $14.03 and a 52-week high of $57.09. The business’s fifty day moving average is $47.46 and its 200-day moving average is $40.50. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.01 and a current ratio of 2.27. The firm has a market cap of $11.14 billion, a price-to-earnings ratio of 29.82 and a beta of 1.94.
Amkor Technology (NASDAQ:AMKR – Get Free Report) last announced its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.26. The business had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.84 billion. Amkor Technology had a return on equity of 8.66% and a net margin of 5.57%.Amkor Technology’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.43 EPS. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. Equities analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.
Amkor Technology Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th were paid a dividend of $0.0835 per share. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $0.33 annualized dividend and a yield of 0.7%. Amkor Technology’s payout ratio is presently 21.85%.
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.
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