Amkor Technology, Inc. (NASDAQ:AMKR) Short Interest Update

Amkor Technology, Inc. (NASDAQ:AMKR) saw a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 8,306,875 shares, a drop of 14.6% from the January 15th total of 9,724,705 shares. Based on an average trading volume of 3,496,799 shares, the days-to-cover ratio is presently 2.4 days. Currently, 4.6% of the company’s shares are short sold. Currently, 4.6% of the company’s shares are short sold. Based on an average trading volume of 3,496,799 shares, the days-to-cover ratio is presently 2.4 days.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on AMKR shares. Needham & Company LLC lifted their price objective on shares of Amkor Technology from $50.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. DA Davidson lifted their price target on Amkor Technology from $30.00 to $40.00 and gave the company a “buy” rating in a research note on Tuesday, October 28th. William Blair raised Amkor Technology to a “neutral” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. lifted their target price on Amkor Technology from $32.00 to $65.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. Finally, Morgan Stanley increased their price target on Amkor Technology from $28.00 to $45.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Amkor Technology presently has an average rating of “Hold” and an average price target of $49.86.

Amkor Technology Trading Down 0.2%

Shares of Amkor Technology stock opened at $46.74 on Thursday. The stock’s 50-day simple moving average is $46.84 and its 200 day simple moving average is $35.93. The stock has a market capitalization of $11.56 billion, a P/E ratio of 30.95 and a beta of 2.00. Amkor Technology has a 52-week low of $14.03 and a 52-week high of $57.09. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.01 and a current ratio of 2.27.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.26. Amkor Technology had a return on equity of 8.66% and a net margin of 5.57%.The company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same period in the previous year, the company posted $0.43 EPS. The firm’s revenue for the quarter was up 15.9% compared to the same quarter last year. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. As a group, research analysts anticipate that Amkor Technology will post 1.47 EPS for the current year.

Insider Buying and Selling

In related news, EVP Kevin Engel sold 11,000 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $46.21, for a total value of $508,310.00. Following the sale, the executive vice president directly owned 349 shares in the company, valued at $16,127.29. This represents a 96.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Gil C. Tily sold 20,000 shares of Amkor Technology stock in a transaction on Friday, December 12th. The stock was sold at an average price of $46.44, for a total transaction of $928,800.00. Following the transaction, the director directly owned 123,806 shares of the company’s stock, valued at $5,749,550.64. This represents a 13.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 66,000 shares of company stock valued at $3,135,310 over the last 90 days. 26.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Amkor Technology

A number of hedge funds have recently made changes to their positions in AMKR. Vanguard Group Inc. raised its position in Amkor Technology by 4.6% during the third quarter. Vanguard Group Inc. now owns 15,779,847 shares of the semiconductor company’s stock valued at $448,148,000 after purchasing an additional 687,900 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Amkor Technology by 18.4% during the 3rd quarter. AQR Capital Management LLC now owns 4,211,529 shares of the semiconductor company’s stock valued at $119,607,000 after buying an additional 653,489 shares in the last quarter. American Century Companies Inc. lifted its position in Amkor Technology by 0.5% in the 3rd quarter. American Century Companies Inc. now owns 3,835,987 shares of the semiconductor company’s stock worth $108,942,000 after buying an additional 17,656 shares during the last quarter. State Street Corp boosted its stake in Amkor Technology by 1.4% in the fourth quarter. State Street Corp now owns 3,473,925 shares of the semiconductor company’s stock worth $137,151,000 after buying an additional 47,514 shares in the last quarter. Finally, First Trust Advisors LP grew its position in Amkor Technology by 37.4% during the fourth quarter. First Trust Advisors LP now owns 2,722,310 shares of the semiconductor company’s stock valued at $107,477,000 after acquiring an additional 740,701 shares during the last quarter. 42.76% of the stock is owned by institutional investors.

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.