Insider Selling: Amkor Technology (NASDAQ:AMKR) Director Sells $279,050.00 in Stock

Amkor Technology, Inc. (NASDAQ:AMKR) Director Douglas Alexander sold 5,000 shares of Amkor Technology stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $55.81, for a total value of $279,050.00. Following the completion of the transaction, the director owned 29,109 shares of the company’s stock, valued at $1,624,573.29. The trade was a 14.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amkor Technology Stock Performance

Shares of Amkor Technology stock opened at $57.75 on Friday. The business has a 50-day simple moving average of $68.52 and a 200-day simple moving average of $60.95. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17. Amkor Technology, Inc. has a one year low of $22.74 and a one year high of $96.68. The company has a market cap of $14.35 billion, a PE ratio of 25.90 and a beta of 2.24.

Amkor Technology (NASDAQ:AMKR) last issued its earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.23. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The firm had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter last year, the company earned $0.22 earnings per share. The firm’s 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, equities research analysts forecast that Amkor Technology, Inc. will post 2.62 EPS for the current fiscal year.

Amkor Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders 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 dividend yield of 0.6%. The ex-dividend date of this dividend is Wednesday, September 2nd. Amkor Technology’s payout ratio is 14.80%.

Institutional Investors Weigh In On Amkor Technology

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada boosted its stake in Amkor Technology by 100.6% in the first quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock valued at $349,000 after acquiring an additional 3,454,012 shares in the last quarter. Advisors Asset Management Inc. grew its holdings in shares of Amkor Technology by 61.8% during the first 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 last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Amkor Technology by 913.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,509 shares of the semiconductor company’s stock worth $136,000 after purchasing an additional 6,768 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Amkor Technology by 73.4% during the first quarter. Goldman Sachs Group Inc. now owns 524,713 shares of the semiconductor company’s stock worth $9,476,000 after purchasing an additional 222,107 shares in the last quarter. Finally, Caxton Associates LLP purchased a new stake in shares of Amkor Technology in the 1st quarter valued at about $271,000. 42.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Morgan Stanley boosted their target price on shares of Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 28th. The Goldman Sachs Group lifted their price target on Amkor Technology from $43.00 to $65.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. UBS Group raised Amkor Technology from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $80.00 to $90.00 in a research report on Friday, July 24th. B. Riley Financial dropped their price objective on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a report on Tuesday, July 28th. Finally, Zacks Research raised Amkor Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Amkor Technology presently has a consensus rating of “Moderate Buy” and an average target price of $68.12.

Amkor Technology Company 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.