Amkor Technology, Inc. $AMKR Shares Acquired by Assetmark Inc.

Assetmark Inc. boosted its holdings in Amkor Technology, Inc. (NASDAQ:AMKR) by 12,448.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 60,105 shares of the semiconductor company’s stock after acquiring an additional 59,626 shares during the quarter. Assetmark Inc.’s holdings in Amkor Technology were worth $2,707,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AMKR. AQR Capital Management LLC lifted its stake in shares of Amkor Technology by 18.4% in the third quarter. AQR Capital Management LLC now owns 4,211,529 shares of the semiconductor company’s stock valued at $119,607,000 after purchasing an additional 653,489 shares during the period. State Street Corp grew its holdings in shares of Amkor Technology by 1.4% in the 4th quarter. State Street Corp now owns 3,473,925 shares of the semiconductor company’s stock worth $137,151,000 after acquiring an additional 47,514 shares during the period. First Trust Advisors LP grew its holdings in shares of Amkor Technology by 37.4% in the 4th quarter. First Trust Advisors LP now owns 2,722,310 shares of the semiconductor company’s stock worth $107,477,000 after acquiring an additional 740,701 shares during the period. Principal Financial Group Inc. increased its stake in Amkor Technology by 19.3% in the 1st quarter. Principal Financial Group Inc. now owns 2,622,744 shares of the semiconductor company’s stock valued at $118,107,000 after purchasing an additional 423,629 shares in the last quarter. Finally, Fisher Asset Management LLC increased its stake in Amkor Technology by 204.5% in the 4th quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock valued at $82,712,000 after purchasing an additional 1,407,109 shares in the last quarter. Institutional investors and hedge funds own 42.76% of the company’s stock.

Amkor Technology Stock Down 2.4%

Shares of NASDAQ AMKR opened at $65.33 on Friday. The firm’s 50 day moving average price is $73.47 and its 200 day moving average price is $60.64. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.74 and a current ratio of 2.01. The firm has a market cap of $16.19 billion, a P/E ratio of 37.33 and a beta of 2.20. Amkor Technology, Inc. has a 1 year low of $20.86 and a 1 year high of $96.68.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings data on Monday, April 27th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.10. The business had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Amkor Technology had a return on equity of 9.88% and a net margin of 6.17%.The business’s revenue was up 27.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.09 earnings per share. As a group, sell-side analysts anticipate that Amkor Technology, Inc. will post 2.08 earnings per share for the current year.

Amkor Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Wednesday, June 3rd were paid a dividend of $0.0835 per share. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.5%. Amkor Technology’s dividend payout ratio is currently 18.86%.

Analysts Set New Price Targets

A number of analysts have commented on AMKR shares. Morgan Stanley boosted their target price on Amkor Technology from $45.00 to $69.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 28th. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a report on Friday, July 17th. B. Riley Financial cut their target price on shares of Amkor Technology from $90.00 to $75.00 and set a “neutral” rating for the company in a research report on Wednesday. Melius Research raised shares of Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research note on Monday, April 6th. Finally, The Goldman Sachs Group upped their target price on Amkor Technology from $43.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $68.00.

Key Stories Impacting Amkor Technology

Here are the key news stories impacting Amkor Technology this week:

• Positive Sentiment: Amkor announced a multi-year strategic partnership with NVIDIA to expand advanced semiconductor packaging and test capacity in the U.S. for AI infrastructure. NVIDIA will also provide a prepayment to help fund the expansion, and Reuters reported the deal is worth $1.5 billion, which should support revenue visibility and strengthen Amkor’s role in AI chip supply chains. Article Title
• Positive Sentiment: Market coverage noted the NVIDIA deal helped send Amkor shares sharply higher intraday, reflecting investor enthusiasm around the company’s exposure to AI hardware spending and long-term packaging demand. Article Title
• Neutral Sentiment: Despite the strategic win, a Zacks-style market recap said Amkor was still down relative to the broader market in the latest session, suggesting some profit-taking or volatility after the big move. Article Title
• Neutral Sentiment: Analyst sentiment has been mixed: B. Riley cut its price target to $75 and kept a neutral rating, while Zacks Research upgraded the stock to strong-buy, indicating no clear consensus on near-term upside. Article Title

Insider Buying and Selling at Amkor Technology

In related news, Director Guillaume Marie Jean Rutten sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $74.28, for a total value of $3,714,000.00. Following the sale, the director directly owned 502,558 shares of the company’s stock, valued at approximately $37,330,008.24. This trade represents a 9.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Roger Anthony Carolin sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $76.24, for a total transaction of $1,524,800.00. Following the completion of the sale, the director owned 94,409 shares of the company’s stock, valued at approximately $7,197,742.16. The trade was a 17.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 114,000 shares of company stock worth $8,631,450. 26.40% 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.