Amkor Technology, Inc. (NASDAQ:AMKR) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Amkor Technology, Inc. (NASDAQ:AMKR) has been given an average recommendation of “Moderate Buy” by the twelve analysts that are currently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is $68.33.

A number of equities analysts have commented on the stock. Needham & Company LLC restated a “buy” rating and issued a $90.00 target price on shares of Amkor Technology in a research note on Tuesday, July 28th. Weiss Ratings raised shares of Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. B. Riley Financial lowered their price objective 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. Morgan Stanley boosted their target price on shares of Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 28th. Finally, Bank of America started coverage on Amkor Technology in a report on Thursday, August 27th. They issued a “buy” rating and a $70.00 price objective on the stock.

Amkor Technology Trading Down 2.1%

Shares of NASDAQ AMKR opened at $48.11 on Tuesday. Amkor Technology has a fifty-two week low of $29.39 and a fifty-two week high of $96.68. 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 company has a market cap of $11.95 billion, a price-to-earnings ratio of 21.57, a PEG ratio of 0.60 and a beta of 2.21. The business’s 50 day moving average price is $51.58 and its 200-day moving average price is $61.99.

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 analysts’ consensus estimates of $0.47 by $0.23. The company had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.81 billion. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%. Amkor Technology’s revenue was up 25.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.22 EPS. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, sell-side analysts expect that Amkor Technology will post 2.60 earnings per share for the current year.

Amkor Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Wednesday, September 2nd were issued a $0.0835 dividend. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, September 2nd. Amkor Technology’s payout ratio is 14.80%.

Insider Buying and Selling

In other news, CFO Megan Faust sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $49.05, for a total transaction of $49,050.00. Following the sale, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Giel Rutten sold 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $55.35, for a total value of $1,383,750.00. Following the completion of the sale, the director directly owned 486,732 shares in the company, valued at approximately $26,940,616.20. The trade was a 4.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 45,221 shares of company stock valued at $2,491,587 in the last three months. 26.40% of the stock is currently owned by company insiders.

Institutional Trading of Amkor Technology

A number of institutional investors and hedge funds have recently modified their holdings of AMKR. Oak Grove Capital LLC raised its stake in Amkor Technology by 15.0% in the 3rd quarter. Oak Grove Capital LLC now owns 23,000 shares of the semiconductor company’s stock valued at $1,205,000 after purchasing an additional 3,000 shares during the last quarter. Wedmont Private Capital grew its stake in shares of Amkor Technology by 3.6% in the 3rd quarter. Wedmont Private Capital now owns 13,520 shares of the semiconductor company’s stock valued at $690,000 after buying an additional 469 shares during the period. GAMMA Investing LLC grew its position in Amkor Technology by 6.9% in the third quarter. GAMMA Investing LLC now owns 10,704 shares of the semiconductor company’s stock worth $561,000 after acquiring an additional 689 shares during the period. Green Alpha Advisors LLC acquired a new stake in shares of Amkor Technology during the 3rd quarter worth about $403,000. Finally, Farther Finance Advisors LLC increased its position in shares of Amkor Technology by 16.7% during the third quarter. Farther Finance Advisors LLC now owns 4,479 shares of the semiconductor company’s stock valued at $235,000 after acquiring an additional 641 shares during the last quarter. Hedge funds and other institutional investors own 42.76% of the company’s stock.

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.