Amkor Technology’s (AMKR) “Hold (C)” Rating Reiterated at Weiss Ratings

Weiss Ratings restated their hold (c) rating on shares of Amkor Technology (NASDAQ:AMKR) in a research report report published on Wednesday morning,Weiss Ratings reports.

AMKR has been the subject of several other reports. JPMorgan Chase & Co. raised their target price on Amkor Technology from $25.00 to $27.00 and gave the company an “overweight” rating in a research note on Tuesday, July 29th. Needham & Company LLC raised their target price on Amkor Technology from $22.00 to $28.00 and gave the company a “buy” rating in a research note on Tuesday, July 29th. The Goldman Sachs Group initiated coverage on Amkor Technology in a research note on Thursday, July 10th. They set a “neutral” rating and a $20.00 target price for the company. B. Riley raised their target price on Amkor Technology from $18.00 to $24.00 and gave the company a “neutral” rating in a research note on Tuesday, July 29th. Finally, UBS Group lifted their price target on Amkor Technology from $23.00 to $25.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. Four analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $27.11.

Amkor Technology Trading Down 7.7%

Shares of AMKR opened at $28.26 on Wednesday. The company has a current ratio of 1.89, a quick ratio of 1.70 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $6.98 billion, a P/E ratio of 22.98 and a beta of 1.98. The stock’s fifty day simple moving average is $25.97 and its 200 day simple moving average is $21.59. Amkor Technology has a twelve month low of $14.03 and a twelve month high of $33.54.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings results on Monday, July 28th. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.06. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.42 billion. Amkor Technology had a return on equity of 7.23% and a net margin of 4.80%.The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.27 EPS. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. On average, equities research analysts forecast that Amkor Technology will post 1.47 earnings per share for the current year.

Amkor Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 3rd were issued a $0.0827 dividend. The ex-dividend date of this dividend was Wednesday, September 3rd. This represents a $0.33 dividend on an annualized basis and a yield of 1.2%. Amkor Technology’s dividend payout ratio (DPR) is currently 26.83%.

Insider Transactions at Amkor Technology

In other Amkor Technology news, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $30.00, for a total value of $300,000.00. Following the transaction, the chief executive officer owned 358,007 shares of the company’s stock, valued at $10,740,210. This trade represents a 2.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Farshad Haghighi sold 11,792 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $25.00, for a total transaction of $294,800.00. Following the completion of the transaction, the executive vice president directly owned 8,354 shares in the company, valued at $208,850. This represents a 58.53% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 36,792 shares of company stock valued at $948,500 over the last ninety days. Insiders own 26.90% of the company’s stock.

Hedge Funds Weigh In On Amkor Technology

A number of large investors have recently bought and sold shares of AMKR. Caitong International Asset Management Co. Ltd bought a new position in Amkor Technology in the first quarter worth about $27,000. Hantz Financial Services Inc. raised its holdings in shares of Amkor Technology by 1,050.4% during the second quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 1,250 shares during the last quarter. UMB Bank n.a. raised its holdings in shares of Amkor Technology by 677.0% during the first quarter. UMB Bank n.a. now owns 1,756 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 1,530 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Amkor Technology by 416.8% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,602 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 1,292 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in shares of Amkor Technology by 166.3% during the first quarter. Allworth Financial LP now owns 2,173 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 1,357 shares during the last quarter. Institutional investors own 42.76% of the company’s stock.

About Amkor Technology

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.