Megan Faust Sells 1,000 Shares of Amkor Technology (NASDAQ:AMKR) Stock

Amkor Technology, Inc. (NASDAQ:AMKR) CFO Megan Faust sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $49.05, for a total value of $49,050.00. Following the completion of the transaction, the chief financial officer directly owned 134,105 shares in the company, valued at $6,577,850.25. This trade represents a 0.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Megan Faust also recently made the following trade(s):

• On Tuesday, August 11th, Megan Faust sold 1,000 shares of Amkor Technology stock. The stock was sold at an average price of $54.45, for a total value of $54,450.00.

Amkor Technology Price Performance

AMKR stock opened at $51.73 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17. Amkor Technology, Inc. has a 1 year low of $24.97 and a 1 year high of $96.68. The firm has a market cap of $12.85 billion, a P/E ratio of 23.20, a price-to-earnings-growth ratio of 0.61 and a beta of 2.22. The stock has a 50-day simple moving average of $55.93 and a 200-day simple moving average of $61.07.

Amkor Technology (NASDAQ:AMKR) last announced its earnings results on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.47 by $0.23. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The business had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period last year, the business posted $0.22 EPS. The company’s revenue was up 25.6% on a year-over-year basis. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, equities analysts predict that Amkor Technology, Inc. will post 2.6 earnings per share for the current fiscal year.

Amkor Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Wednesday, September 2nd will be paid a $0.0835 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $0.33 annualized dividend and a dividend yield of 0.6%. Amkor Technology’s dividend payout ratio is 14.80%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on AMKR shares. Weiss Ratings raised shares of Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Bank of America assumed coverage on Amkor Technology in a research note on Thursday, August 27th. They set a “buy” rating and a $70.00 target price for the company. UBS Group raised Amkor Technology from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $80.00 to $90.00 in a research report on Friday, July 24th. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 price target on shares of Amkor Technology in a research note on Tuesday, July 28th. Finally, Zacks Research raised Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Amkor Technology has a consensus rating of “Moderate Buy” and an average target price of $68.33.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Whetstone Capital Advisors LLC bought a new stake in shares of Amkor Technology in the 2nd quarter worth about $397,000. NewEdge Advisors LLC lifted its position in shares of Amkor Technology by 1,283.9% during the second quarter. NewEdge Advisors LLC now owns 5,937 shares of the semiconductor company’s stock worth $512,000 after purchasing an additional 5,508 shares during the last quarter. Arizona State Retirement System lifted its position in shares of Amkor Technology by 0.7% during the second quarter. Arizona State Retirement System now owns 34,189 shares of the semiconductor company’s stock worth $2,948,000 after purchasing an additional 240 shares during the last quarter. Waverly Advisors LLC grew its stake in Amkor Technology by 5.5% in the second quarter. Waverly Advisors LLC now owns 7,201 shares of the semiconductor company’s stock worth $621,000 after purchasing an additional 377 shares in the last quarter. Finally, Nykredit A S acquired a new position in Amkor Technology in the second quarter worth about $351,000. 42.76% of the stock is currently owned by institutional investors.

About Amkor Technology

Amkor Technology, Inc (NASDAQ: AMKR) is a provider of outsourced semiconductor packaging and testing services. The company supports semiconductor manufacturers and electronics companies by assembling and testing integrated circuits after wafer fabrication, helping prepare chips for use in electronic devices.

Its services include wafer bumping and probing, semiconductor assembly, advanced packaging, final testing, and related product design and logistics support. Amkor offers packaging technologies for applications including communications, consumer electronics, computing, automotive, industrial, and other markets.