Insider Selling: Amkor Technology (NASDAQ:AMKR) CFO Sells $49,050.00 in Stock

Amkor Technology, Inc. (NASDAQ:AMKR) CFO Megan Faust sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $49.05, for a total value of $49,050.00. Following the completion of the sale, the chief financial officer owned 134,105 shares in the company, valued at $6,577,850.25. The trade was a 0.74% decrease in their position. The transaction was disclosed in a legal filing 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.

Megan Faust also recently made the following trade(s):

• On Tuesday, August 11th, Megan Faust sold 1,000 shares of Amkor Technology stock. The shares were sold at an average price of $54.45, for a total value of $54,450.00.

Amkor Technology Stock Up 4.4%

Shares of NASDAQ:AMKR opened at $51.73 on Friday. The stock has a fifty day simple moving average of $55.93 and a two-hundred day simple moving average of $61.07. The stock has a market capitalization of $12.85 billion, a price-to-earnings ratio of 23.20, a PEG ratio of 0.64 and a beta of 2.22. Amkor Technology, Inc. has a 12-month low of $24.97 and a 12-month high of $96.68. 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 (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 anticipate that Amkor Technology, Inc. will post 2.6 earnings per share for the current fiscal year.

Amkor Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Wednesday, September 2nd will be 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 is Wednesday, September 2nd. Amkor Technology’s dividend payout ratio is 14.80%.

Analysts Set New Price Targets

Several research analysts have issued reports on AMKR shares. Weiss Ratings raised shares of Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Zacks Research upgraded shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. 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 research report on Friday, July 24th. 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 report on Tuesday, July 28th. Finally, B. Riley Financial decreased their price objective 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. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $68.33.

Institutional Investors Weigh In On Amkor Technology

Several large investors have recently bought and sold shares of the business. IFP Advisors Inc boosted its holdings in shares of Amkor Technology by 91.2% during the 3rd quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 447 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in Amkor Technology by 180.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 440 shares during the period. Root Financial Partners LLC boosted its holdings in Amkor Technology by 38.8% in the fourth quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 262 shares during the last quarter. CoreCap Advisors LLC grew its position in Amkor Technology by 56.4% in the 2nd quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 158 shares during the period. Finally, Advisors Asset Management Inc. grew 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 worth $40,000 after purchasing an additional 854 shares during the period. 42.76% of the stock is currently owned by institutional investors.

About Amkor Technology

Amkor Technology, Inc (NASDAQ: AMKR) is a provider of outsourced semiconductor packaging and testing services. The company supports semiconductor manufacturers and electronics companies by assembling and testing integrated circuits after wafer fabrication, helping prepare chips for use in electronic devices.

Its services include wafer bumping and probing, semiconductor assembly, advanced packaging, final testing, and related product design and logistics support. Amkor offers packaging technologies for applications including communications, consumer electronics, computing, automotive, industrial, and other markets.