Chase Investment Counsel Corp Invests $1.17 Million in Amkor Technology, Inc. $AMKR

Chase Investment Counsel Corp bought a new stake in Amkor Technology, Inc. (NASDAQ:AMKR) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 13,595 shares of the semiconductor company’s stock, valued at approximately $1,172,000.

Several other institutional investors and hedge funds have also modified their holdings of AMKR. IFP Advisors Inc raised its position in Amkor Technology by 91.2% in the 3rd quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 447 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in Amkor Technology by 180.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock worth $28,000 after buying an additional 440 shares in the last quarter. Root Financial Partners LLC grew its holdings in Amkor Technology by 38.8% during the 4th quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock worth $37,000 after acquiring an additional 262 shares during the last quarter. CoreCap Advisors LLC grew its holdings in Amkor Technology by 56.4% during the 2nd quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 158 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its position in Amkor Technology by 61.8% in the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 854 shares in the last quarter. 42.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, 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 transaction, the executive vice president directly owned 38,904 shares in the company, valued at $3,353,913.84. This trade represents a 11.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Guillaume Marie Jean Rutten sold 25,000 shares of the firm’s stock in a transaction 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 owned 486,732 shares in the company, valued at $26,940,616.20. This represents a 4.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 46,221 shares of company stock worth $2,825,587. Corporate insiders own 26.40% of the company’s stock.

Amkor Technology Stock Performance

Amkor Technology stock opened at $58.99 on Monday. The company has a market cap of $14.66 billion, a PE ratio of 26.45 and a beta of 2.25. The company has a current ratio of 2.17, a quick ratio of 1.91 and a debt-to-equity ratio of 0.50. Amkor Technology, Inc. has a 1 year low of $22.74 and a 1 year high of $96.68. The company’s 50-day moving average is $68.40 and its two-hundred day moving average is $61.01.

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

Amkor Technology Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on AMKR. 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. UBS Group raised shares of Amkor Technology from a “neutral” rating to a “buy” rating and raised their price target for the company from $80.00 to $90.00 in a report on Friday, July 24th. Morgan Stanley boosted their price objective on shares of Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 28th. B. Riley Financial reduced their price objective on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a report on Tuesday, July 28th. Finally, Zacks Research upgraded Amkor Technology from a “hold” rating to a “strong-buy” rating in a research report 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $68.12.

Amkor Technology Profile

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.