Amkor Technology (NASDAQ:AMKR) CFO Sells $46,920.00 in Stock

Amkor Technology, Inc. (NASDAQ:AMKR) CFO Megan Faust sold 1,000 shares of the company’s stock in a transaction on Tuesday, October 13th. The shares were sold at an average price of $46.92, for a total transaction of $46,920.00. Following the completion of the sale, the chief financial officer directly owned 133,105 shares in the company, valued at $6,245,286.60. This trade represents a 0.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, September 8th, Megan Faust sold 1,000 shares of Amkor Technology stock. The stock was sold at an average price of $49.05, for a total transaction of $49,050.00.
• 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 transaction of $54,450.00.

Amkor Technology Stock Performance

Shares of Amkor Technology stock traded down $0.77 during trading on Thursday, hitting $44.05. 5,022,765 shares of the company’s stock were exchanged, compared to its average volume of 4,810,425. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17. The business has a 50-day simple moving average of $51.24 and a 200-day simple moving average of $61.98. Amkor Technology, Inc. has a 52-week low of $29.50 and a 52-week high of $96.68. The stock has a market capitalization of $10.94 billion, a price-to-earnings ratio of 19.75, a PEG ratio of 0.59 and a beta of 2.21.

Amkor Technology (NASDAQ:AMKR) last posted its earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.23. The company had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.81 billion. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The firm’s quarterly revenue was up 25.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, research analysts forecast that Amkor Technology, Inc. will post 2.60 EPS for the current year.

Amkor Technology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Shareholders of record on Wednesday, September 2nd were given a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, September 2nd. Amkor Technology’s dividend payout ratio (DPR) is currently 14.80%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Amkor Technology in the second quarter worth about $1,060,005,000. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Amkor Technology during the 2nd quarter worth about $152,110,000. Principal Financial Group Inc. grew its position in shares of Amkor Technology by 19.3% during the 1st quarter. Principal Financial Group Inc. now owns 2,622,744 shares of the semiconductor company’s stock valued at $118,107,000 after acquiring an additional 423,629 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of Amkor Technology during the 2nd quarter valued at about $90,656,000. Finally, Bank of Nova Scotia acquired a new stake in shares of Amkor Technology during the 2nd quarter valued at about $58,273,000. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Analyst Ratings Changes

AMKR has been the subject of several analyst reports. Bank of America assumed coverage on Amkor Technology in a report on Thursday, August 27th. They issued a “buy” rating and a $70.00 price objective for the company. B. Riley Financial lowered their target price on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 28th. Weiss Ratings upgraded Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Morgan Stanley raised their target price on Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 28th. Finally, UBS Group upgraded Amkor Technology from a “neutral” rating to a “buy” rating and lifted their price target for the company from $80.00 to $90.00 in a research report on Friday, July 24th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amkor Technology currently has an average rating of “Moderate Buy” and an average target price of $68.33.

Amkor Technology Company Profile

Amkor Technology, Inc (NASDAQ:AMKR) is a provider of outsourced semiconductor packaging and testing services. The company works with semiconductor manufacturers, fabless chip designers, foundries and integrated device manufacturers to assemble, package and test integrated circuits before they are incorporated into electronic products.

Its services include advanced packaging, flip-chip and wirebond assembly, wafer-level processing, system-in-package solutions, wafer bumping and semiconductor testing.