Grandeur Peak Global Advisors LLC acquired a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 71,000 shares of the semiconductor company’s stock, valued at approximately $1,490,000.
Several other institutional investors have also recently added to or reduced their stakes in AMKR. Royal Bank of Canada lifted its position in shares of Amkor Technology by 100.6% in the 1st quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock worth $349,000 after buying an additional 3,454,012 shares during the last quarter. SW Investment Management LLC raised its stake in Amkor Technology by 89.3% during the first quarter. SW Investment Management LLC now owns 2,650,000 shares of the semiconductor company’s stock worth $47,859,000 after acquiring an additional 1,250,000 shares during the period. Invesco Ltd. boosted its stake in Amkor Technology by 201.4% in the first quarter. Invesco Ltd. now owns 1,364,719 shares of the semiconductor company’s stock valued at $24,647,000 after acquiring an additional 911,886 shares during the period. American Century Companies Inc. boosted its position in Amkor Technology by 30.0% during the 2nd quarter. American Century Companies Inc. now owns 3,818,331 shares of the semiconductor company’s stock valued at $80,147,000 after purchasing an additional 880,738 shares during the period. Finally, Norges Bank bought a new position in Amkor Technology during the 2nd quarter worth $17,221,000. Institutional investors own 42.76% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on AMKR shares. Wall Street Zen raised shares of Amkor Technology from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Needham & Company LLC raised their price target on shares of Amkor Technology from $32.00 to $37.00 and gave the company a “buy” rating in a research note on Tuesday, October 28th. The Goldman Sachs Group boosted their price objective on Amkor Technology from $26.00 to $29.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 28th. Zacks Research downgraded Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 25th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Amkor Technology in a research report on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Amkor Technology has an average rating of “Hold” and an average target price of $29.63.
Insider Transactions at Amkor Technology
In other news, EVP Farshad Haghighi sold 11,792 shares of Amkor Technology stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $25.00, for a total transaction of $294,800.00. Following the transaction, the executive vice president owned 8,354 shares in the company, valued at approximately $208,850. The trade was a 58.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the firm’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $31.68, for a total value of $316,800.00. Following the sale, the chief executive officer owned 346,699 shares of the company’s stock, valued at $10,983,424.32. The trade was a 2.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 61,792 shares of company stock valued at $1,852,800 over the last ninety days. Corporate insiders own 26.90% of the company’s stock.
Amkor Technology Stock Up 4.3%
AMKR stock opened at $36.43 on Friday. The firm has a market cap of $9.01 billion, a PE ratio of 29.14 and a beta of 2.02. Amkor Technology, Inc. has a 12 month low of $14.03 and a 12 month high of $38.22. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.77 and a quick ratio of 1.70. The firm has a 50 day simple moving average of $31.88 and a 200 day simple moving average of $25.49.
Amkor Technology (NASDAQ:AMKR – Get Free Report) last posted its quarterly earnings results on Monday, October 27th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.09. The company had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.93 billion. Amkor Technology had a return on equity of 7.26% and a net margin of 4.77%.The firm’s revenue was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.49 earnings per share. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. Equities research analysts forecast that Amkor Technology, Inc. will post 1.47 earnings per share for the current fiscal year.
Amkor Technology Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 3rd will be issued a $0.0835 dividend. The ex-dividend date is Wednesday, December 3rd. This is a positive change from Amkor Technology’s previous quarterly dividend of $0.08. This represents a $0.33 annualized dividend and a dividend yield of 0.9%. Amkor Technology’s dividend payout ratio is 26.40%.
Amkor Technology Profile
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.
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