Covea Finance Makes New $2.57 Million Investment in Amkor Technology, Inc. $AMKR

Covea Finance bought a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 65,200 shares of the semiconductor company’s stock, valued at approximately $2,574,000.

A number of other institutional investors and hedge funds also recently modified their holdings of AMKR. Allianz Asset Management GmbH grew its holdings in Amkor Technology by 47.0% during the third quarter. Allianz Asset Management GmbH now owns 519,461 shares of the semiconductor company’s stock valued at $14,753,000 after purchasing an additional 166,091 shares during the period. Norges Bank acquired a new stake in Amkor Technology in the second quarter worth $17,221,000. Wealth Enhancement Advisory Services LLC raised its holdings in Amkor Technology by 53.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 59,386 shares of the semiconductor company’s stock worth $1,767,000 after purchasing an additional 20,710 shares during the period. WINTON GROUP Ltd boosted its position in shares of Amkor Technology by 70.4% during the second quarter. WINTON GROUP Ltd now owns 97,108 shares of the semiconductor company’s stock worth $2,038,000 after purchasing an additional 40,129 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its position in shares of Amkor Technology by 61.1% during the second quarter. Squarepoint Ops LLC now owns 229,734 shares of the semiconductor company’s stock worth $4,822,000 after purchasing an additional 87,138 shares in the last quarter. 42.76% of the stock is owned by institutional investors.

Amkor Technology Stock Down 4.8%

Shares of AMKR stock opened at $45.83 on Friday. The firm has a fifty day moving average of $47.95 and a 200-day moving average of $39.24. The company has a quick ratio of 2.01, a current ratio of 2.27 and a debt-to-equity ratio of 0.28. Amkor Technology, Inc. has a 12-month low of $14.03 and a 12-month high of $57.09. The company has a market capitalization of $11.33 billion, a price-to-earnings ratio of 30.35 and a beta of 1.94.

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

Amkor Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 12th will be issued 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 is Thursday, March 12th. Amkor Technology’s payout ratio is 21.85%.

Insider Activity

In related news, EVP Mark N. Rogers sold 5,000 shares of Amkor Technology stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $44.54, for a total value of $222,700.00. Following the sale, the executive vice president owned 38,904 shares of the company’s stock, valued at approximately $1,732,784.16. This trade represents a 11.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through 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 sale, the chief executive officer owned 2,953 shares in the company, valued at $143,958.75. The trade was a 80.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 52,500 shares of company stock worth $2,585,875 over the last three months. Corporate insiders own 26.90% of the company’s stock.

Wall Street Analyst Weigh In

AMKR has been the subject of a number of recent analyst reports. Zacks Research cut shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th. B. Riley Financial lifted their target price on Amkor Technology from $29.00 to $48.00 and gave the stock a “neutral” rating in a report on Thursday, January 15th. William Blair raised Amkor Technology to a “neutral” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. increased their price target on Amkor Technology from $32.00 to $65.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. Finally, Needham & Company LLC raised their price target on Amkor Technology from $50.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Three investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, Amkor Technology has a consensus rating of “Hold” and an average target price of $49.86.

Amkor Technology 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.