Kevin Engel Sells 11,000 Shares of Amkor Technology (NASDAQ:AMKR) Stock

Amkor Technology, Inc. (NASDAQ:AMKR) EVP Kevin Engel sold 11,000 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $46.21, for a total transaction of $508,310.00. Following the sale, the executive vice president directly owned 349 shares in the company, valued at approximately $16,127.29. The trade was a 96.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Amkor Technology Stock Performance

Amkor Technology stock opened at $38.80 on Thursday. The company’s 50-day moving average price is $35.41 and its 200-day moving average price is $27.68. Amkor Technology, Inc. has a twelve month low of $14.03 and a twelve month high of $47.28. The company has a quick ratio of 1.60, a current ratio of 1.77 and a debt-to-equity ratio of 0.29. The company has a market cap of $9.59 billion, a PE ratio of 31.04 and a beta of 1.99.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings results on Monday, October 27th. The semiconductor company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.09. The firm had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.93 billion. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.49 EPS. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. On average, equities research analysts forecast that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.

Amkor Technology Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Wednesday, December 3rd will be issued a $0.0835 dividend. This is a positive change from Amkor Technology’s previous quarterly dividend of $0.08. The ex-dividend date is Wednesday, December 3rd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.9%. Amkor Technology’s dividend payout ratio (DPR) is presently 26.40%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. FNY Investment Advisers LLC lifted its holdings in Amkor Technology by 83.5% during the 3rd quarter. FNY Investment Advisers LLC now owns 1,472 shares of the semiconductor company’s stock valued at $41,000 after buying an additional 670 shares in the last quarter. Allworth Financial LP increased its position in shares of Amkor Technology by 51.7% during the third quarter. Allworth Financial LP now owns 4,005 shares of the semiconductor company’s stock worth $114,000 after acquiring an additional 1,365 shares during the period. IFP Advisors Inc increased its position in shares of Amkor Technology by 91.2% during the third quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 447 shares during the period. Caerus Investment Advisors LLC bought a new stake in shares of Amkor Technology during the third quarter valued at approximately $202,000. Finally, Faithward Advisors LLC boosted its holdings in shares of Amkor Technology by 1.8% in the third quarter. Faithward Advisors LLC now owns 128,463 shares of the semiconductor company’s stock valued at $3,648,000 after purchasing an additional 2,326 shares during the period. 42.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on AMKR. Needham & Company LLC increased their price target on Amkor Technology from $32.00 to $37.00 and gave the company a “buy” rating in a report on Tuesday, October 28th. JPMorgan Chase & Co. increased their target price on shares of Amkor Technology from $27.00 to $32.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. DA Davidson lifted their price target on shares of Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Zacks Research downgraded shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 25th. Finally, The Goldman Sachs Group raised their price objective on shares of Amkor Technology from $26.00 to $29.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 28th. Four investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, Amkor Technology has a consensus rating of “Hold” and an average target price of $29.63.

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.