Foster & Motley Inc. Has $580,000 Stock Holdings in Amkor Technology, Inc. $AMKR

Foster & Motley Inc. decreased its position in shares of Amkor Technology, Inc. (NASDAQ:AMKRFree Report) by 4.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,643 shares of the semiconductor company’s stock after selling 1,343 shares during the quarter. Foster & Motley Inc.’s holdings in Amkor Technology were worth $580,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of AMKR. GAMMA Investing LLC increased its position in shares of Amkor Technology by 54.9% during the first quarter. GAMMA Investing LLC now owns 4,853 shares of the semiconductor company’s stock worth $88,000 after acquiring an additional 1,721 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Amkor Technology by 22.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 20,963 shares of the semiconductor company’s stock worth $379,000 after purchasing an additional 3,885 shares in the last quarter. Oppenheimer Asset Management Inc. increased its holdings in Amkor Technology by 5.0% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 37,970 shares of the semiconductor company’s stock worth $686,000 after purchasing an additional 1,819 shares in the last quarter. Wealthquest Corp purchased a new stake in shares of Amkor Technology in the first quarter worth approximately $2,413,000. Finally, Diversified Trust Co bought a new position in shares of Amkor Technology in the first quarter valued at approximately $491,000. Institutional investors and hedge funds own 42.76% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Farshad Haghighi sold 11,792 shares of the company’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $25.00, for a total transaction of $294,800.00. Following the transaction, the executive vice president owned 8,354 shares of the company’s stock, valued at $208,850. This represents a 58.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Sujoda Management, Llc purchased 441,589 shares of the business’s stock in a transaction dated Friday, August 1st. The shares were purchased at an average price of $21.85 per share, with a total value of $9,648,719.65. Following the purchase, the insider directly owned 3,789,479 shares in the company, valued at $82,800,116.15. This trade represents a 13.19% increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 46,792 shares of company stock valued at $1,255,900. Company insiders own 26.90% of the company’s stock.

Amkor Technology Stock Performance

NASDAQ AMKR opened at $31.29 on Monday. The company has a market capitalization of $7.73 billion, a PE ratio of 25.44 and a beta of 1.98. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.70 and a current ratio of 1.89. Amkor Technology, Inc. has a 52-week low of $14.03 and a 52-week high of $33.54. The company has a 50-day simple moving average of $26.80 and a 200 day simple moving average of $22.08.

Amkor Technology (NASDAQ:AMKRGet Free Report) last released its earnings results on Monday, July 28th. The semiconductor company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.06. Amkor Technology had a net margin of 4.80% and a return on equity of 7.23%. The firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same period in the previous year, the company earned $0.27 earnings per share. The company’s quarterly revenue was up 3.4% on a year-over-year basis. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. On average, research analysts predict that Amkor Technology, Inc. will post 1.47 EPS for the current year.

Amkor Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 3rd were given a $0.0827 dividend. This represents a $0.33 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Wednesday, September 3rd. Amkor Technology’s dividend payout ratio (DPR) is currently 26.83%.

Wall Street Analyst Weigh In

AMKR has been the subject of a number of analyst reports. Needham & Company LLC increased their price target on Amkor Technology from $22.00 to $28.00 and gave the company a “buy” rating in a research report on Tuesday, July 29th. Morgan Stanley reiterated an “equal weight” rating on shares of Amkor Technology in a report on Tuesday, July 29th. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday, October 8th. JPMorgan Chase & Co. upped their price objective on shares of Amkor Technology from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 29th. Finally, The Goldman Sachs Group lifted their target price on shares of Amkor Technology from $22.00 to $26.00 and gave the stock a “neutral” rating in a research report on Thursday, October 9th. Four research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $27.11.

Read Our Latest Analysis on Amkor Technology

About Amkor Technology

(Free Report)

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.

See Also

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Institutional Ownership by Quarter for Amkor Technology (NASDAQ:AMKR)

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