UG Investment Advisers Ltd. reduced its position in Amkor Technology, Inc. (NASDAQ:AMKR – Free Report) by 4.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,109,481 shares of the semiconductor company’s stock after selling 56,442 shares during the quarter. Amkor Technology comprises about 4.4% of UG Investment Advisers Ltd.’s holdings, making the stock its 4th biggest holding. UG Investment Advisers Ltd.’s holdings in Amkor Technology were worth $23,288,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of AMKR. Royal Bank of Canada boosted its position in shares of 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 during the period. SW Investment Management LLC lifted its position in Amkor Technology by 89.3% during the first quarter. SW Investment Management LLC now owns 2,650,000 shares of the semiconductor company’s stock valued at $47,859,000 after purchasing an additional 1,250,000 shares during the last quarter. Invesco Ltd. lifted its position in Amkor Technology by 201.4% during the first quarter. Invesco Ltd. now owns 1,364,719 shares of the semiconductor company’s stock valued at $24,647,000 after purchasing an additional 911,886 shares during the last quarter. AQR Capital Management LLC lifted its position in Amkor Technology by 41.8% during the first quarter. AQR Capital Management LLC now owns 2,572,313 shares of the semiconductor company’s stock valued at $45,967,000 after purchasing an additional 757,956 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its position in Amkor Technology by 111.4% during the first quarter. Jacobs Levy Equity Management Inc. now owns 1,426,515 shares of the semiconductor company’s stock valued at $25,763,000 after purchasing an additional 751,730 shares during the last quarter. 42.76% of the stock is currently owned by institutional investors.
Insider Activity at Amkor Technology
In related news, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the company’s stock in a transaction on Tuesday, September 23rd. The shares were 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 directly owned 358,007 shares in the company, valued at $10,740,210. This represents a 2.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Sujoda Management, Llc purchased 441,589 shares of the stock in a transaction that occurred on Friday, August 1st. The shares were purchased at an average price of $21.85 per share, with a total value of $9,648,719.65. Following the completion of the acquisition, the insider directly owned 3,789,479 shares in the company, valued at $82,800,116.15. The trade was a 13.19% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold a total of 36,792 shares of company stock worth $948,500 over the last ninety days. Insiders own 26.90% of the company’s stock.
Amkor Technology Trading Up 3.8%
Amkor Technology (NASDAQ:AMKR – Get Free Report) last announced its quarterly earnings data on Monday, July 28th. The semiconductor company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.06. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.42 billion. Amkor Technology had a net margin of 4.80% and a return on equity of 7.23%. The business’s quarterly revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.27 EPS. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. As a group, equities research analysts forecast that Amkor Technology, Inc. will post 1.47 earnings per share for the current year.
Amkor Technology Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Wednesday, September 3rd were issued a dividend of $0.0827 per share. This represents a $0.33 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Wednesday, September 3rd. Amkor Technology’s dividend payout ratio is currently 26.83%.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on the stock. JPMorgan Chase & Co. lifted their target price on shares of Amkor Technology from $25.00 to $27.00 and gave the company an “overweight” rating in a research report on Tuesday, July 29th. Needham & Company LLC lifted their target price on shares of Amkor Technology from $22.00 to $28.00 and gave the company a “buy” rating in a research report on Tuesday, July 29th. B. Riley lifted their target price 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. Wall Street Zen upgraded shares of Amkor Technology from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Finally, Morgan Stanley reiterated an “equal weight” rating on shares of Amkor Technology in a research report on Tuesday, July 29th. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Amkor Technology has a consensus rating of “Hold” and a consensus target price of $26.44.
View Our Latest Stock Analysis on AMKR
About Amkor Technology
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.
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