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

Amkor Technology, Inc. (NASDAQ:AMKR) CFO Megan Faust sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $54.45, for a total value of $54,450.00. Following the completion of the sale, the chief financial officer owned 135,105 shares of the company’s stock, valued at $7,356,467.25. This trade represents a 0.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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, June 9th, Megan Faust sold 1,000 shares of Amkor Technology stock. The shares were sold at an average price of $70.30, for a total value of $70,300.00.
• On Tuesday, May 19th, Megan Faust sold 1,000 shares of Amkor Technology stock. The shares were sold at an average price of $64.60, for a total transaction of $64,600.00.

Amkor Technology Price Performance

Shares of NASDAQ AMKR opened at $57.75 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. The firm has a fifty day moving average of $68.52 and a 200 day moving average of $60.95. The firm has a market cap of $14.35 billion, a PE ratio of 25.90 and a beta of 2.24. Amkor Technology, Inc. has a one year low of $22.74 and a one year high of $96.68.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.23. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. 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 firm posted $0.22 earnings per share. The company’s revenue was up 25.6% compared to the same quarter last year. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, research analysts predict that Amkor Technology, Inc. will post 2.62 EPS for the current fiscal year.

Amkor Technology Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have commented on AMKR. UBS Group raised Amkor Technology from a “neutral” rating to a “buy” rating and increased their target price for the company from $80.00 to $90.00 in a report on Friday, July 24th. Zacks Research upgraded Amkor Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Needham & Company LLC reissued a “buy” rating and issued a $90.00 price objective on shares of Amkor Technology in a research note on Tuesday, July 28th. B. Riley Financial reduced their price objective on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a research note on Tuesday, July 28th. Finally, Morgan Stanley raised their price objective on Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating in a report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $68.12.

Institutional Investors Weigh In On Amkor Technology

Large investors have recently made changes to their positions in the stock. Fisher Asset Management LLC grew its position in Amkor Technology by 204.5% in the 4th quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock valued at $82,712,000 after acquiring an additional 1,407,109 shares in the last quarter. UBS Group AG lifted its position in shares of Amkor Technology by 205.5% during the fourth quarter. UBS Group AG now owns 1,254,658 shares of the semiconductor company’s stock worth $49,534,000 after purchasing an additional 843,983 shares in the last quarter. Black Swift Group LLC acquired a new stake in shares of Amkor Technology during the fourth quarter worth about $797,000. Jefferies Financial Group Inc. purchased a new position in shares of Amkor Technology in the fourth quarter valued at approximately $841,000. Finally, Weiss Asset Management LP grew its holdings in shares of Amkor Technology by 263.6% in the first quarter. Weiss Asset Management LP now owns 300,000 shares of the semiconductor company’s stock valued at $13,509,000 after purchasing an additional 217,484 shares in the last quarter. 42.76% of the stock is currently owned by hedge funds and other institutional investors.

About Amkor Technology

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.