California State Teachers Retirement System Boosts Stake in Amkor Technology, Inc. $AMKR

California State Teachers Retirement System lifted its stake in shares of Amkor Technology, Inc. (NASDAQ:AMKR) by 21.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 143,178 shares of the semiconductor company’s stock after acquiring an additional 25,205 shares during the period. California State Teachers Retirement System’s holdings in Amkor Technology were worth $6,447,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AMKR. Fisher Asset Management LLC increased its position in shares of Amkor Technology by 204.5% in the fourth 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 during the period. UBS Group AG boosted its holdings 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 during the period. Black Swift Group LLC purchased a new stake in shares of Amkor Technology during the fourth quarter worth about $797,000. Jefferies Financial Group Inc. bought a new stake in shares of Amkor Technology in the fourth quarter worth about $841,000. Finally, GF Fund Management CO. LTD. bought a new stake in shares of Amkor Technology in the fourth quarter worth about $4,868,000. 42.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on AMKR. B. Riley Financial lowered their price target 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. The Goldman Sachs Group lifted their price objective on Amkor Technology from $43.00 to $65.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. UBS Group raised Amkor Technology from a “neutral” rating to a “buy” rating and boosted their target price for the company from $80.00 to $90.00 in a research note on Friday, July 24th. Morgan Stanley upped their target price on Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating in a report on Tuesday, July 28th. Finally, Zacks Research raised Amkor Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Amkor Technology currently has an average rating of “Moderate Buy” and an average price target of $68.12.

Insider Activity at Amkor Technology

In other news, Director Winston J. Churchill sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $78.20, for a total value of $391,000.00. Following the transaction, the director owned 28,781 shares in the company, valued at approximately $2,250,674.20. This represents a 14.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Kevin K. Engel sold 3,221 shares of the company’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $47.00, for a total transaction of $151,387.00. Following the completion of the transaction, the chief executive officer owned 9,666 shares in the company, valued at approximately $454,302. This represents a 24.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 85,221 shares of company stock worth $6,339,987 in the last ninety days. 26.40% of the stock is currently owned by company insiders.

Amkor Technology Stock Down 3.6%

AMKR stock opened at $53.86 on Thursday. The business has a 50 day moving average of $70.66 and a 200 day moving average of $60.75. The firm has a market cap of $13.38 billion, a PE ratio of 24.15 and a beta of 2.24. Amkor Technology, Inc. has a twelve month low of $22.02 and a twelve month high of $96.68. The company has a quick ratio of 1.91, a current ratio of 2.17 and a debt-to-equity ratio of 0.50.

Amkor Technology (NASDAQ:AMKR) last released its earnings results on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.23. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The firm had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the prior year, the firm posted $0.22 earnings per share. The company’s quarterly revenue was up 25.6% on a year-over-year basis. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, research analysts forecast that Amkor Technology, Inc. will post 2.62 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Wednesday, June 3rd were given a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Wednesday, June 3rd. Amkor Technology’s dividend payout ratio is 14.80%.

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.