Squarepoint Ops LLC Boosts Stock Holdings in Amkor Technology, Inc. $AMKR

Squarepoint Ops LLC grew its stake in shares of Amkor Technology, Inc. (NASDAQ:AMKR) by 61.1% during the second quarter, Holdings Channel reports. The institutional investor owned 229,734 shares of the semiconductor company’s stock after purchasing an additional 87,138 shares during the quarter. Squarepoint Ops LLC’s holdings in Amkor Technology were worth $4,822,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Royal Bank of Canada grew its position 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 worth $349,000 after acquiring an additional 3,454,012 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Amkor Technology by 38.3% during the second quarter. AQR Capital Management LLC now owns 3,558,040 shares of the semiconductor company’s stock valued at $74,541,000 after purchasing an additional 985,727 shares during the period. Invesco Ltd. grew its holdings in shares of Amkor Technology by 201.4% in the first quarter. Invesco Ltd. now owns 1,364,719 shares of the semiconductor company’s stock worth $24,647,000 after purchasing an additional 911,886 shares during the last quarter. American Century Companies Inc. increased its stake in shares of Amkor Technology by 30.0% in the second quarter. American Century Companies Inc. now owns 3,818,331 shares of the semiconductor company’s stock worth $80,147,000 after buying an additional 880,738 shares during the period. Finally, Norges Bank bought a new stake in Amkor Technology during the 2nd quarter valued at $17,221,000. Institutional investors own 42.76% of the company’s stock.

Amkor Technology Stock Performance

Amkor Technology stock opened at $43.91 on Tuesday. Amkor Technology, Inc. has a fifty-two week low of $14.03 and a fifty-two week high of $47.28. The stock’s 50 day simple moving average is $35.03 and its two-hundred day simple moving average is $27.45. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.60 and a current ratio of 1.77. The stock has a market cap of $10.85 billion, a price-to-earnings ratio of 35.13 and a beta of 1.99.

Amkor Technology (NASDAQ:AMKR) last announced its earnings results on Monday, October 27th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.09. Amkor Technology had a return on equity of 7.26% and a net margin of 4.77%.The firm 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 company earned $0.49 EPS. The business’s revenue was up 6.7% compared to the same quarter last year. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. As a group, analysts expect that Amkor Technology, Inc. will post 1.47 earnings per share for the current fiscal year.

Amkor Technology Increases Dividend

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

Insiders Place Their Bets

In related news, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $31.68, for a total transaction of $316,800.00. Following the sale, the chief executive officer owned 346,699 shares of the company’s stock, valued at $10,983,424.32. The trade was a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Mark N. Rogers sold 20,000 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $31.69, for a total transaction of $633,800.00. Following the completion of the sale, the executive vice president owned 23,862 shares in the company, valued at approximately $756,186.78. This trade represents a 45.60% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 50,000 shares of company stock worth $1,558,000. Company insiders own 26.90% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on AMKR shares. Wall Street Zen lowered shares of Amkor Technology from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, October 8th. The Goldman Sachs Group upped their price target on Amkor Technology from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Tuesday, October 28th. Zacks Research cut Amkor Technology from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 25th. Finally, JPMorgan Chase & Co. boosted their target price on Amkor Technology from $27.00 to $32.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. Four equities 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, Amkor Technology presently has a consensus rating of “Hold” and an average price target of $29.63.

Amkor Technology 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.