Oppenheimer Asset Management Inc. Acquires Shares of 46,872 Amkor Technology, Inc. $AMKR

Oppenheimer Asset Management Inc. acquired a new stake in Amkor Technology, Inc. (NASDAQ:AMKR) in the second quarter, Holdings Channel.com reports. The firm acquired 46,872 shares of the semiconductor company’s stock, valued at approximately $4,042,000.

Several other large investors have also made changes to their positions in the business. Heck Capital Advisors LLC purchased a new position in shares of Amkor Technology during the 2nd quarter valued at approximately $242,000. Handelsbanken Fonder AB grew its stake in Amkor Technology by 14.6% in the 2nd quarter. Handelsbanken Fonder AB now owns 40,876 shares of the semiconductor company’s stock valued at $3,525,000 after acquiring an additional 5,200 shares during the period. KMG Fiduciary Partners LLC purchased a new stake in Amkor Technology in the 2nd quarter worth $376,000. Wealthcare Advisory Partners LLC purchased a new stake in Amkor Technology in the 2nd quarter worth $325,000. Finally, Arista Wealth Management LLC raised its position in Amkor Technology by 1.2% during the second quarter. Arista Wealth Management LLC now owns 13,642 shares of the semiconductor company’s stock worth $1,176,000 after acquiring an additional 157 shares during the period. 42.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Guillaume Marie Jean Rutten sold 25,000 shares of the stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $55.35, for a total value of $1,383,750.00. Following the completion of the transaction, the director directly owned 486,732 shares in the company, valued at approximately $26,940,616.20. This represents a 4.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Mark N. Rogers sold 5,000 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $86.21, for a total value of $431,050.00. Following the sale, the executive vice president directly owned 38,904 shares of the company’s stock, valued at approximately $3,353,913.84. This trade represents a 11.39% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 51,221 shares of company stock valued at $3,183,737 in the last ninety days. Company insiders own 26.40% of the company’s stock.

Amkor Technology Price Performance

Amkor Technology stock opened at $58.99 on Friday. The company has a current ratio of 2.17, a quick ratio of 1.91 and a debt-to-equity ratio of 0.50. The company has a 50-day moving average price of $68.40 and a 200 day moving average price of $60.94. Amkor Technology, Inc. has a 12-month low of $22.74 and a 12-month high of $96.68. The stock has a market cap of $14.66 billion, a P/E ratio of 26.45 and a beta of 2.24.

Amkor Technology (NASDAQ:AMKR) last posted its earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.23. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The company had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period in the previous year, the business posted $0.22 EPS. Amkor Technology’s 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. Sell-side analysts anticipate that Amkor Technology, Inc. will post 2.62 earnings per share for the current year.

Amkor Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Wednesday, September 2nd will be issued a $0.0835 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $0.33 dividend on an annualized basis and a yield of 0.6%. Amkor Technology’s dividend payout ratio is currently 14.80%.

Wall Street Analysts Forecast Growth

AMKR has been the topic of several recent analyst reports. UBS Group raised shares of Amkor Technology from a “neutral” rating to a “buy” rating and increased their price objective for the company from $80.00 to $90.00 in a report on Friday, July 24th. The Goldman Sachs Group upped their price target on shares of Amkor Technology from $43.00 to $65.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. Weiss Ratings raised shares of Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Morgan Stanley raised their price target on shares of Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 28th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $90.00 price objective on shares of Amkor Technology in a report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Amkor Technology presently has an average rating of “Moderate Buy” and a consensus price target of $68.12.

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.