QRG Capital Management Inc. Makes New $203,000 Investment in Amkor Technology, Inc. $AMKR

QRG Capital Management Inc. bought a new position in Amkor Technology, Inc. (NASDAQ:AMKR) in the second quarter, according to the company in its most recent disclosure with the SEC. The fund bought 9,648 shares of the semiconductor company’s stock, valued at approximately $203,000.

A number of other large investors have also added to or reduced their stakes in the stock. Royal Bank of Canada grew its position in shares of Amkor Technology by 100.6% during the 1st 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 during the period. SW Investment Management LLC grew its position in shares of Amkor Technology by 89.3% during the 1st quarter. SW Investment Management LLC now owns 2,650,000 shares of the semiconductor company’s stock valued at $47,859,000 after acquiring an additional 1,250,000 shares during the period. UG Investment Advisers Ltd. bought a new stake in shares of Amkor Technology during the 1st quarter valued at $21,057,000. Invesco Ltd. grew its position in shares of Amkor Technology by 201.4% during the 1st quarter. Invesco Ltd. now owns 1,364,719 shares of the semiconductor company’s stock valued at $24,647,000 after acquiring an additional 911,886 shares during the period. Finally, AQR Capital Management LLC grew its position in shares of Amkor Technology by 41.8% during the 1st quarter. AQR Capital Management LLC now owns 2,572,313 shares of the semiconductor company’s stock valued at $45,967,000 after acquiring an additional 757,956 shares during the period. Institutional investors own 42.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on AMKR. UBS Group boosted their price objective on shares of Amkor Technology from $23.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, July 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a research report on Wednesday, October 8th. B. Riley boosted their price objective on shares of Amkor Technology from $18.00 to $24.00 and gave the company a “neutral” rating in a research report on Tuesday, July 29th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Amkor Technology in a report on Tuesday, July 29th. Finally, JPMorgan Chase & Co. upped their target price on shares of Amkor Technology from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Tuesday, July 29th. Four analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $27.11.

Insiders Place Their Bets

In other Amkor Technology news, EVP Mark N. Rogers sold 15,000 shares of the business’s stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $23.58, for a total value of $353,700.00. Following the sale, the executive vice president owned 23,862 shares in the company, valued at $562,665.96. The trade was a 38.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the business’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $30.00, for a total transaction of $300,000.00. Following the completion of the sale, the chief executive officer owned 358,007 shares in the company, valued at approximately $10,740,210. The trade was a 2.72% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 36,792 shares of company stock worth $948,500. 26.90% of the stock is owned by corporate insiders.

Amkor Technology Trading Down 7.7%

Shares of Amkor Technology stock opened at $28.26 on Monday. The company has a market capitalization of $6.98 billion, a P/E ratio of 22.98 and a beta of 1.98. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.70 and a current ratio of 1.89. The company has a fifty day moving average of $25.97 and a 200 day moving average of $21.63. Amkor Technology, Inc. has a fifty-two week low of $14.03 and a fifty-two week high of $33.54.

Amkor Technology (NASDAQ:AMKR) last issued its earnings results on Monday, July 28th. The semiconductor company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.06. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.42 billion. Amkor Technology had a net margin of 4.80% and a return on equity of 7.23%. Amkor Technology’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.27 EPS. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. On average, sell-side analysts anticipate that Amkor Technology, Inc. will post 1.47 earnings per share for the current fiscal year.

Amkor Technology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 3rd were paid a $0.0827 dividend. The ex-dividend date was Wednesday, September 3rd. This represents a $0.33 annualized dividend and a yield of 1.2%. Amkor Technology’s payout ratio is presently 26.83%.

Amkor Technology Profile

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.