Ieq Capital LLC Takes $13.31 Million Position in Amkor Technology, Inc. $AMKR

Ieq Capital LLC purchased a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 154,417 shares of the semiconductor company’s stock, valued at approximately $13,315,000.

A number of other hedge funds have also bought and sold shares of AMKR. Callan Family Office LLC acquired a new stake in Amkor Technology during the second quarter valued at approximately $1,154,000. C M Bidwell & Associates Ltd. bought a new stake in shares of Amkor Technology in the 2nd quarter valued at approximately $92,000. Allworth Financial LP acquired a new stake in shares of Amkor Technology during the 2nd quarter valued at approximately $445,000. Virtus Advisers LLC acquired a new stake in shares of Amkor Technology during the 2nd quarter valued at approximately $457,000. Finally, Ceredex Value Advisors LLC bought a new position in Amkor Technology during the second quarter worth $47,000. 42.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Amkor Technology news, Director Douglas A. Alexander sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $55.81, for a total value of $279,050.00. Following the sale, the director owned 29,109 shares in the company, valued at approximately $1,624,573.29. This trade represents a 14.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Kevin K. Engel sold 3,221 shares of Amkor Technology stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $47.00, for a total value of $151,387.00. Following the sale, the chief executive officer directly owned 9,666 shares in the company, valued at approximately $454,302. This trade represents a 24.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 50,221 shares of company stock valued at $3,059,887 in the last ninety days. Insiders own 26.40% of the company’s stock.

Wall Street Analyst Weigh In

AMKR has been the subject of several recent research reports. Needham & Company LLC reiterated a “buy” rating and set a $90.00 target price on shares of Amkor Technology in a research note on Tuesday, July 28th. Morgan Stanley raised their price target 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 decreased their price target on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a report on Tuesday, July 28th. Weiss Ratings raised shares of Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Finally, The Goldman Sachs Group increased their price objective on shares of Amkor Technology from $43.00 to $65.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. One 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 stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $68.12.

Amkor Technology Price Performance

Shares of AMKR opened at $50.26 on Friday. Amkor Technology, Inc. has a 12 month low of $23.22 and a 12 month high of $96.68. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.17 and a quick ratio of 1.91. The stock has a fifty day moving average price of $66.41 and a 200 day moving average price of $61.06. The company has a market cap of $12.49 billion, a P/E ratio of 22.54 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 (EPS) for the quarter, beating 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 company had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same period last year, the business posted $0.22 earnings per share. The firm’s quarterly revenue was up 25.6% compared to the same quarter last year. 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 earnings per share for the current year.

Amkor Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Wednesday, September 2nd will be given a $0.0835 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $0.33 annualized dividend and a yield of 0.7%. Amkor Technology’s dividend payout ratio is 14.80%.

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.