Amkor Technology (NASDAQ:AMKR) Trading Up 9% – What’s Next?

Amkor Technology, Inc. (NASDAQ:AMKR)’s share price rose 9% during mid-day trading on Friday . The stock traded as high as $42.85 and last traded at $43.03. Approximately 399,187 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 2,995,154 shares. The stock had previously closed at $39.48.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on AMKR shares. DA Davidson lifted their target price on Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. JPMorgan Chase & Co. lifted their price objective on Amkor Technology from $27.00 to $32.00 and gave the stock an “overweight” rating in a report on Tuesday, October 28th. Wall Street Zen upgraded Amkor Technology from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Needham & Company LLC raised their target price on Amkor Technology from $32.00 to $37.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Finally, Zacks Research downgraded shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 25th. Four investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Amkor Technology currently has an average rating of “Hold” and a consensus price target of $29.63.

Amkor Technology Stock Up 5.8%

The firm’s 50-day moving average is $37.45 and its two-hundred day moving average is $29.21. The stock has a market cap of $10.33 billion, a P/E ratio of 33.42 and a beta of 1.99. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.60 and a current ratio of 1.77.

Amkor Technology (NASDAQ:AMKR) last issued its earnings results on Monday, October 27th. The semiconductor company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.42 by $0.09. The company had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.93 billion. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. The business’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.49 EPS. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. On average, equities research analysts anticipate that Amkor Technology, Inc. will post 1.47 earnings per share for the current year.

Amkor Technology Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Wednesday, December 3rd were issued a $0.0835 dividend. This is a positive change from Amkor Technology’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $0.33 annualized dividend and a dividend yield of 0.8%. Amkor Technology’s dividend payout ratio (DPR) is presently 26.40%.

Insider Buying and Selling at Amkor Technology

In other Amkor Technology news, Director Gil C. Tily sold 20,000 shares of Amkor Technology stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $46.44, for a total transaction of $928,800.00. Following the transaction, the director directly owned 123,806 shares in the company, valued at approximately $5,749,550.64. The trade was a 13.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Mark N. Rogers sold 20,000 shares of the stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $31.69, for a total value of $633,800.00. Following the completion of the sale, the executive vice president owned 23,862 shares of the company’s stock, valued at $756,186.78. This trade represents a 45.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 91,000 shares of company stock worth $3,615,510 in the last three months. 26.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. FNY Investment Advisers LLC increased its position in shares of Amkor Technology by 83.5% during the third quarter. FNY Investment Advisers LLC now owns 1,472 shares of the semiconductor company’s stock worth $41,000 after acquiring an additional 670 shares in the last quarter. Allworth Financial LP boosted its stake in Amkor Technology by 51.7% in the 3rd quarter. Allworth Financial LP now owns 4,005 shares of the semiconductor company’s stock worth $114,000 after purchasing an additional 1,365 shares during the period. IFP Advisors Inc increased its holdings in Amkor Technology by 91.2% during the 3rd quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 447 shares in the last quarter. Caerus Investment Advisors LLC acquired a new stake in shares of Amkor Technology in the 3rd quarter valued at about $202,000. Finally, Faithward Advisors LLC lifted its holdings in shares of Amkor Technology by 1.8% in the third quarter. Faithward Advisors LLC now owns 128,463 shares of the semiconductor company’s stock valued at $3,648,000 after purchasing an additional 2,326 shares in 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.