Amkor Technology (NASDAQ:AMKR – Get Free Report) was downgraded by equities research analysts at B. Riley from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports. B. Riley also issued estimates for Amkor Technology’s Q2 2025 earnings at $0.06 EPS, FY2025 earnings at $1.29 EPS, Q1 2026 earnings at $0.38 EPS, Q2 2026 earnings at $0.34 EPS, Q3 2026 earnings at $0.52 EPS, Q4 2026 earnings at $0.46 EPS, FY2026 earnings at $1.69 EPS and FY2027 earnings at $1.93 EPS.
Other equities research analysts have also recently issued reports about the company. Needham & Company LLC reiterated a “buy” rating and issued a $34.00 price target on shares of Amkor Technology in a research note on Tuesday, February 11th. Morgan Stanley lowered their target price on shares of Amkor Technology from $26.00 to $24.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 11th. JPMorgan Chase & Co. cut their price target on shares of Amkor Technology from $42.00 to $30.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 11th. Melius cut shares of Amkor Technology from a “buy” rating to a “hold” rating and decreased their price target for the stock from $34.00 to $30.00 in a report on Monday, January 6th. Finally, Melius Research lowered shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a report on Monday, January 6th. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $31.50.
Check Out Our Latest Report on AMKR
Amkor Technology Stock Up 0.4 %
Amkor Technology (NASDAQ:AMKR – Get Free Report) last released its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.06. Amkor Technology had a net margin of 5.60% and a return on equity of 8.59%. On average, sell-side analysts predict that Amkor Technology will post 1.47 EPS for the current fiscal year.
Insider Activity at Amkor Technology
In other Amkor Technology news, major shareholder Agnes C. Kim sold 869,565 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $21.85, for a total value of $18,999,995.25. Following the completion of the transaction, the insider now owns 10,020,870 shares in the company, valued at approximately $218,956,009.50. This represents a 7.98 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Kevin Engel sold 5,489 shares of the firm’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $21.69, for a total value of $119,056.41. Following the sale, the executive vice president now owns 1,388 shares in the company, valued at $30,105.72. This trade represents a 79.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 26.90% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. UG Investment Advisers Ltd. acquired a new position in Amkor Technology during the first quarter worth $21,057,000. State of Alaska Department of Revenue raised its position in shares of Amkor Technology by 14.8% during the 1st quarter. State of Alaska Department of Revenue now owns 264,227 shares of the semiconductor company’s stock worth $4,771,000 after purchasing an additional 34,115 shares during the last quarter. Mission Wealth Management LP purchased a new position in Amkor Technology in the 1st quarter valued at about $362,000. Hanson & Doremus Investment Management boosted its holdings in Amkor Technology by 19.1% in the 1st quarter. Hanson & Doremus Investment Management now owns 34,041 shares of the semiconductor company’s stock worth $615,000 after buying an additional 5,466 shares during the last quarter. Finally, Palouse Capital Management Inc. raised its holdings in shares of Amkor Technology by 52.2% during the first quarter. Palouse Capital Management Inc. now owns 4,010 shares of the semiconductor company’s stock valued at $72,000 after acquiring an additional 1,375 shares during the last quarter. Hedge funds and other institutional investors own 42.76% of the company’s stock.
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.
Read More
- Five stocks we like better than Amkor Technology
- How to Profit From Value Investing
- How to Invest in Micro-Cap Stocks Like a Pro
- Why Are These Companies Considered Blue Chips?
- Investors Sell Microsoft Stock on OpenAI News—Time to Buy?
- The Significance of Brokerage Rankings in Stock Selection
- Take-Two Interactive: A Defensive Play Set to Explode
Receive News & Ratings for Amkor Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amkor Technology and related companies with MarketBeat.com's FREE daily email newsletter.