Amkor Technology (NASDAQ:AMKR) CEO Kevin Engel Sells 3,221 Shares of Stock

Amkor Technology, Inc. (NASDAQ:AMKR) CEO Kevin Engel sold 3,221 shares of the firm’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $47.00, for a total value of $151,387.00. Following the completion of the sale, the chief executive officer directly owned 9,666 shares in the company, valued at approximately $454,302. This represents a 24.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Amkor Technology Stock Performance

Shares of NASDAQ AMKR traded up $1.61 during trading hours on Friday, hitting $49.87. 6,919,094 shares of the company’s stock were exchanged, compared to its average volume of 5,111,190. Amkor Technology, Inc. has a 1-year low of $21.57 and a 1-year 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 1.74. The stock has a market capitalization of $12.39 billion, a price-to-earnings ratio of 22.36 and a beta of 2.20. The company’s 50-day moving average price is $71.99 and its 200-day moving average price is $60.68.

Amkor Technology (NASDAQ:AMKR) last released 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. The firm had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.81 billion. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The company’s revenue was up 25.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.22 EPS. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, sell-side analysts expect that Amkor Technology, Inc. will post 2.4 earnings per share for the current fiscal year.

Amkor Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Wednesday, June 3rd were paid a $0.0835 dividend. The ex-dividend date was Wednesday, June 3rd. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. Amkor Technology’s dividend payout ratio (DPR) is presently 14.80%.

Wall Street Analyst Weigh In

AMKR has been the subject of several research analyst 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. The Goldman Sachs Group boosted their price objective on shares of Amkor Technology from $43.00 to $65.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Melius Research raised shares of Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research report on Monday, April 6th. B. Riley Financial reduced their target price on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a research note on Tuesday. Finally, UBS Group raised Amkor Technology from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $80.00 to $90.00 in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $68.12.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of AMKR. Fisher Asset Management LLC lifted its holdings in shares of Amkor Technology by 204.5% during the 4th quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock worth $82,712,000 after acquiring an additional 1,407,109 shares during the period. UBS Group AG increased its stake in Amkor Technology by 205.5% in the fourth quarter. UBS Group AG now owns 1,254,658 shares of the semiconductor company’s stock valued at $49,534,000 after acquiring an additional 843,983 shares during the period. Black Swift Group LLC bought a new stake in Amkor Technology in the fourth quarter valued at about $797,000. GF Fund Management CO. LTD. acquired a new position in Amkor Technology in the fourth quarter worth about $4,868,000. Finally, Jefferies Financial Group Inc. bought a new position in Amkor Technology during the fourth quarter worth about $841,000. 42.76% of the stock is owned by institutional investors.

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.