Ellsworth Advisors LLC Makes New $5.77 Million Investment in Amkor Technology, Inc. $AMKR

Ellsworth Advisors LLC purchased a new stake in Amkor Technology, Inc. (NASDAQ:AMKR) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 110,201 shares of the semiconductor company’s stock, valued at approximately $5,772,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CoreCap Advisors LLC grew its stake in shares of Amkor Technology by 56.4% during the second quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 158 shares during the period. Clearstead Trust LLC bought a new stake in Amkor Technology in the second quarter valued at about $43,000. Ceredex Value Advisors LLC acquired a new position in Amkor Technology in the second quarter valued at about $47,000. Solstein Capital LLC acquired a new position in Amkor Technology in the second quarter valued at about $52,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in Amkor Technology during the second quarter worth about $54,000. 42.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CFO Megan Faust sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, October 13th. The stock was sold at an average price of $46.92, for a total transaction of $46,920.00. Following the sale, the chief financial officer owned 133,105 shares of the company’s stock, 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 document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Rogers sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $59.78, for a total value of $298,900.00. Following the completion of the transaction, the executive vice president owned 38,904 shares of the company’s stock, valued at $2,325,681.12. This represents a 11.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 46,221 shares of company stock valued at $2,538,507. 26.40% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on AMKR. B. Riley Financial decreased their target price on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a research report on Tuesday, July 28th. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 price target on shares of Amkor Technology in a research report on Tuesday, July 28th. Zacks Research downgraded shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. 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. Finally, Bank of America initiated coverage on shares of Amkor Technology in a report on Thursday, August 27th. They set a “buy” rating and a $70.00 price objective for the company. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Amkor Technology has a consensus rating of “Moderate Buy” and an average target price of $68.33.

Amkor Technology Price Performance

AMKR opened at $44.05 on Friday. The company has a quick ratio of 1.91, a current ratio of 2.17 and a debt-to-equity ratio of 0.50. Amkor Technology, Inc. has a 12 month low of $29.50 and a 12 month high of $96.68. The company has a fifty day simple moving average of $51.03 and a 200 day simple moving average of $61.97. The stock has a market cap of $10.94 billion, a P/E ratio of 19.75, a P/E/G ratio of 0.55 and a beta of 2.21.

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

Amkor Technology Dividend Announcement

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

About Amkor Technology

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.