Amkor Technology (NASDAQ:AMKR) EVP Mark Rogers Sells 5,000 Shares

Amkor Technology, Inc. (NASDAQ:AMKR) EVP Mark Rogers sold 5,000 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $59.78, for a total value of $298,900.00. Following the completion of the sale, the executive vice president owned 38,904 shares in the company, valued at $2,325,681.12. This represents a 11.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amkor Technology Stock Performance

NASDAQ AMKR opened at $50.89 on Thursday. The stock has a market capitalization of $12.64 billion, a PE ratio of 22.82 and a beta of 2.24. The business has a 50 day simple moving average of $67.57 and a two-hundred day simple moving average of $61.12. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.17 and a quick ratio of 1.91. Amkor Technology, Inc. has a 1-year low of $22.74 and a 1-year high of $96.68.

Amkor Technology (NASDAQ:AMKR) last issued its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.23. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The business 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 earned $0.22 EPS. The company’s revenue for the quarter 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 predict that Amkor Technology, Inc. will post 2.62 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Wednesday, September 2nd will be paid a $0.0835 dividend. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, September 2nd. Amkor Technology’s dividend payout ratio (DPR) is presently 14.80%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on AMKR shares. Zacks Research raised shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Morgan Stanley upped their price objective on Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 28th. Needham & Company LLC reaffirmed a “buy” rating and issued a $90.00 price objective on shares of Amkor Technology in a research note on Tuesday, July 28th. B. Riley Financial dropped their target price on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a report on Tuesday, July 28th. Finally, UBS Group raised Amkor Technology from a “neutral” rating to a “buy” rating and boosted their target price for the company from $80.00 to $90.00 in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $68.12.

Institutional Trading of Amkor Technology

Several institutional investors have recently added to or reduced their stakes in AMKR. Susquehanna Fundamental Investments LLC bought a new position in shares of Amkor Technology during the second quarter valued at approximately $13,062,000. Cookson Peirce & Co. Inc. boosted its holdings in Amkor Technology by 11.3% during the 2nd quarter. Cookson Peirce & Co. Inc. now owns 43,458 shares of the semiconductor company’s stock valued at $3,747,000 after acquiring an additional 4,428 shares during the period. Wedbush Securities Inc. bought a new position in Amkor Technology in the 2nd quarter valued at $355,000. Greenleaf Trust purchased a new stake in Amkor Technology in the second quarter worth $350,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Amkor Technology by 2.6% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 300,622 shares of the semiconductor company’s stock worth $25,923,000 after purchasing an additional 7,550 shares during the last quarter. Institutional investors own 42.76% of the company’s stock.

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.