Amkor Technology (NASDAQ:AMKR) Shares Gap Up Following Analyst Upgrade

Amkor Technology, Inc. (NASDAQ:AMKR) shares gapped up before the market opened on Monday after Melius Research upgraded the stock from a hold rating to a buy rating. The stock had previously closed at $46.70, but opened at $48.31. Melius Research now has a $60.00 price target on the stock. Amkor Technology shares last traded at $47.5470, with a volume of 325,176 shares traded.

A number of other analysts have also recently commented on the company. B. Riley Financial upped their price target on Amkor Technology from $29.00 to $48.00 and gave the company a “neutral” rating in a research note on Thursday, January 15th. Needham & Company LLC boosted 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. Zacks Research downgraded shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. UBS Group set a $43.00 target price on shares of Amkor Technology in a report on Tuesday, February 10th. Finally, The Goldman Sachs Group lifted their price target on shares of Amkor Technology from $38.00 to $43.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 10th. Four equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $51.13.

Insider Transactions at Amkor Technology

In other news, Director Guillaume Marie Jean Rutten sold 20,000 shares of Amkor Technology stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $48.80, for a total transaction of $976,000.00. Following the transaction, the director owned 543,866 shares in the company, valued at $26,540,660.80. The trade was a 3.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Kevin K. Engel sold 12,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $48.75, for a total value of $609,375.00. Following the completion of the transaction, the chief executive officer owned 2,953 shares of the company’s stock, valued at $143,958.75. This represents a 80.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 52,500 shares of company stock valued at $2,585,875 over the last 90 days. 26.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On Amkor Technology

Institutional investors have recently added to or reduced their stakes in the stock. Hsbc Holdings PLC boosted its stake in Amkor Technology by 1,381.2% in the 4th quarter. Hsbc Holdings PLC now owns 214,876 shares of the semiconductor company’s stock worth $8,593,000 after purchasing an additional 200,369 shares during the period. Corient Private Wealth LLC raised its stake in shares of Amkor Technology by 308.1% in the 4th quarter. Corient Private Wealth LLC now owns 219,648 shares of the semiconductor company’s stock valued at $8,818,000 after purchasing an additional 165,829 shares during the period. Caitong International Asset Management Co. Ltd raised its stake in shares of Amkor Technology by 1,268.5% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 5,597 shares of the semiconductor company’s stock valued at $221,000 after purchasing an additional 5,188 shares during the period. DGS Capital Management LLC lifted its holdings in shares of Amkor Technology by 6.9% in the fourth quarter. DGS Capital Management LLC now owns 13,317 shares of the semiconductor company’s stock valued at $526,000 after purchasing an additional 864 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its position in shares of Amkor Technology by 10.1% during the fourth quarter. Pacer Advisors Inc. now owns 22,836 shares of the semiconductor company’s stock worth $902,000 after buying an additional 2,098 shares during the period. 42.76% of the stock is owned by institutional investors.

Amkor Technology Stock Up 2.4%

The company has a debt-to-equity ratio of 0.28, a current ratio of 2.27 and a quick ratio of 2.01. The company has a market capitalization of $11.82 billion, a price-to-earnings ratio of 31.53 and a beta of 1.94. The firm has a 50-day moving average price of $47.15 and a two-hundred day moving average price of $40.92.

Amkor Technology (NASDAQ:AMKR) last announced its earnings results 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. The business had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.84 billion. Amkor Technology had a return on equity of 8.66% and a net margin of 5.57%.During the same quarter last year, the firm earned $0.43 EPS. Amkor Technology’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, sell-side analysts anticipate that Amkor Technology, Inc. will post 1.47 earnings per share for the current fiscal year.

Amkor Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 12th were given a $0.0835 dividend. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, March 12th. Amkor Technology’s payout ratio is currently 21.85%.

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.