XTX Topco Ltd cut its stake in shares of Amkor Technology, Inc. (NASDAQ:AMKR – Free Report) by 32.7% during the second quarter, Holdings Channel.com reports. The institutional investor owned 51,321 shares of the semiconductor company’s stock after selling 24,937 shares during the quarter. XTX Topco Ltd’s holdings in Amkor Technology were worth $1,077,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently made changes to their positions in the company. Focus Partners Wealth lifted its stake in Amkor Technology by 22.2% during the 1st quarter. Focus Partners Wealth now owns 303,549 shares of the semiconductor company’s stock valued at $5,482,000 after acquiring an additional 55,156 shares during the period. Sequoia Financial Advisors LLC acquired a new position in shares of Amkor Technology in the second quarter worth about $311,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in Amkor Technology by 5.0% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 394,690 shares of the semiconductor company’s stock worth $8,285,000 after purchasing an additional 18,737 shares during the last quarter. CWM LLC grew its holdings in shares of Amkor Technology by 85.3% during the second quarter. CWM LLC now owns 51,940 shares of the semiconductor company’s stock worth $1,090,000 after buying an additional 23,914 shares in the last quarter. Finally, Allianz Asset Management GmbH raised its position in shares of Amkor Technology by 118.5% in the second quarter. Allianz Asset Management GmbH now owns 353,370 shares of the semiconductor company’s stock valued at $7,417,000 after buying an additional 191,626 shares during the last quarter. 42.76% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, EVP Farshad Haghighi sold 11,792 shares of the business’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $25.00, for a total value of $294,800.00. Following the sale, the executive vice president directly owned 8,354 shares in the company, valued at approximately $208,850. The trade was a 58.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $31.68, for a total transaction of $316,800.00. Following the completion of the transaction, the chief executive officer directly owned 346,699 shares in the company, valued at $10,983,424.32. The trade was a 2.80% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 61,792 shares of company stock valued at $1,852,800. 26.90% of the stock is currently owned by insiders.
Amkor Technology Stock Up 4.3%
Amkor Technology (NASDAQ:AMKR – Get Free Report) last released its quarterly earnings data on Monday, October 27th. The semiconductor company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.09. The firm had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.93 billion. Amkor Technology had a return on equity of 7.26% and a net margin of 4.77%.The firm’s quarterly revenue was up 6.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.49 earnings per share. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. On average, equities research analysts predict that Amkor Technology, Inc. will post 1.47 earnings per share for the current year.
Amkor Technology Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Wednesday, December 3rd will be issued a dividend of $0.0835 per share. The ex-dividend date is Wednesday, December 3rd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.9%. This is a boost from Amkor Technology’s previous quarterly dividend of $0.08. Amkor Technology’s dividend payout ratio (DPR) is currently 26.40%.
Analyst Ratings Changes
A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. boosted their price target on shares of Amkor Technology from $27.00 to $32.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 28th. The Goldman Sachs Group raised their target price on shares of Amkor Technology from $26.00 to $29.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 28th. DA Davidson boosted their target price on Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Wall Street Zen raised Amkor Technology from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Amkor Technology has an average rating of “Hold” and a consensus target price of $29.63.
Read Our Latest Research Report on AMKR
Amkor Technology Company 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.
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