Hsbc Holdings PLC Sells 16,948 Shares of Amkor Technology, Inc. $AMKR

Hsbc Holdings PLC decreased its holdings in shares of Amkor Technology, Inc. (NASDAQ:AMKR) by 49.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 17,227 shares of the semiconductor company’s stock after selling 16,948 shares during the quarter. Hsbc Holdings PLC’s holdings in Amkor Technology were worth $311,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Northern Trust Corp grew its stake in Amkor Technology by 16.2% in the fourth quarter. Northern Trust Corp now owns 895,413 shares of the semiconductor company’s stock worth $23,003,000 after purchasing an additional 124,671 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new position in Amkor Technology in the fourth quarter worth approximately $245,000. Baird Financial Group Inc. grew its stake in Amkor Technology by 4.2% in the fourth quarter. Baird Financial Group Inc. now owns 387,582 shares of the semiconductor company’s stock worth $9,957,000 after purchasing an additional 15,550 shares in the last quarter. Deutsche Bank AG grew its stake in Amkor Technology by 43.5% in the fourth quarter. Deutsche Bank AG now owns 19,174 shares of the semiconductor company’s stock worth $493,000 after purchasing an additional 5,816 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its stake in Amkor Technology by 110.7% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 674,785 shares of the semiconductor company’s stock worth $17,335,000 after purchasing an additional 354,457 shares in the last quarter. Institutional investors own 42.76% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on AMKR shares. The Goldman Sachs Group started coverage on Amkor Technology in a research note on Thursday, July 10th. They issued a “neutral” rating and a $20.00 price objective on the stock. B. Riley increased their target price on Amkor Technology from $18.00 to $24.00 and gave the company a “neutral” rating in a research report on Tuesday, July 29th. Needham & Company LLC increased their target price on Amkor Technology from $22.00 to $28.00 and gave the company a “buy” rating in a research report on Tuesday, July 29th. JPMorgan Chase & Co. increased their target price on Amkor Technology from $25.00 to $27.00 and gave the company an “overweight” rating in a research report on Tuesday, July 29th. Finally, Morgan Stanley reaffirmed an “equal weight” rating on shares of Amkor Technology in a research report on Tuesday, July 29th. Four analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $26.44.

Amkor Technology Stock Performance

Shares of AMKR opened at $23.80 on Thursday. Amkor Technology, Inc. has a 12 month low of $14.03 and a 12 month high of $32.47. The stock has a fifty day moving average price of $22.70 and a 200-day moving average price of $20.24. The company has a current ratio of 1.89, a quick ratio of 1.70 and a debt-to-equity ratio of 0.28. The firm has a market cap of $5.88 billion, a PE ratio of 19.35 and a beta of 1.96.

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

Amkor Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Wednesday, September 3rd will be issued a $0.0827 dividend. This represents a $0.33 annualized dividend and a yield of 1.4%. The ex-dividend date is Wednesday, September 3rd. Amkor Technology’s payout ratio is presently 26.83%.

Insiders Place Their Bets

In other news, EVP Mark N. Rogers sold 15,000 shares of Amkor Technology stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $23.58, for a total transaction of $353,700.00. Following the sale, the executive vice president owned 23,862 shares of the company’s stock, valued at approximately $562,665.96. The trade was a 38.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder John T. Kim purchased 441,589 shares of Amkor Technology stock in a transaction dated Friday, August 1st. The shares were purchased at an average cost of $21.85 per share, for a total transaction of $9,648,719.65. Following the transaction, the insider owned 3,789,479 shares in the company, valued at approximately $82,800,116.15. This trade represents a 13.19% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 26.90% 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.