Amkor Technology (NASDAQ:AMKR) Director Maryfrances Mccourt Sells 20,000 Shares

Amkor Technology, Inc. (NASDAQ:AMKR) Director Maryfrances Mccourt sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $46.02, for a total value of $920,400.00. Following the transaction, the director owned 55,918 shares of the company’s stock, valued at $2,573,346.36. This represents a 26.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Amkor Technology Stock Performance

NASDAQ AMKR traded down $3.63 during trading hours on Tuesday, hitting $40.28. The company had a trading volume of 5,377,714 shares, compared to its average volume of 2,467,854. The company has a quick ratio of 1.60, a current ratio of 1.77 and a debt-to-equity ratio of 0.29. The firm has a market cap of $9.96 billion, a P/E ratio of 32.22 and a beta of 1.99. Amkor Technology, Inc. has a fifty-two week low of $14.03 and a fifty-two week high of $47.28. The business has a fifty day simple moving average of $35.03 and a 200-day simple moving average of $27.45.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings results on Monday, October 27th. The semiconductor company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.42 by $0.09. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. The business had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.93 billion. During the same quarter in the prior year, the firm earned $0.49 earnings per share. The company’s quarterly revenue was up 6.7% on a year-over-year basis. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. Equities analysts predict that Amkor Technology, Inc. will post 1.47 EPS for the current year.

Amkor Technology Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 3rd will be paid a $0.0835 dividend. The ex-dividend date is Wednesday, December 3rd. This is an increase from Amkor Technology’s previous quarterly dividend of $0.08. This represents a $0.33 annualized dividend and a dividend yield of 0.8%. Amkor Technology’s dividend payout ratio (DPR) is 26.40%.

Hedge Funds Weigh In On Amkor Technology

Several hedge funds have recently modified their holdings of AMKR. Salomon & Ludwin LLC acquired a new stake in shares of Amkor Technology in the third quarter valued at $25,000. Bessemer Group Inc. grew its holdings in Amkor Technology by 72.1% during the third quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 391 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in Amkor Technology in the first quarter worth about $27,000. IFP Advisors Inc lifted its holdings in Amkor Technology by 91.2% in the 3rd quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 447 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its holdings in Amkor Technology by 1,050.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 1,250 shares during the last quarter. 42.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently issued reports on AMKR. DA Davidson boosted their price objective on Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Needham & Company LLC lifted their target price on Amkor Technology from $32.00 to $37.00 and gave the company a “buy” rating in a research note on Tuesday, October 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, October 8th. Wall Street Zen lowered Amkor Technology from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Finally, The Goldman Sachs Group lifted their price objective on shares of Amkor Technology from $26.00 to $29.00 and gave the company a “neutral” rating in a research note on Tuesday, October 28th. Four research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $29.63.

Amkor Technology Company Profile

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.