Raymond James Financial Inc. Has $4.80 Million Position in Amkor Technology, Inc. $AMKR

Raymond James Financial Inc. raised its stake in shares of Amkor Technology, Inc. (NASDAQ:AMKR) by 20.5% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 265,826 shares of the semiconductor company’s stock after purchasing an additional 45,255 shares during the period. Raymond James Financial Inc. owned approximately 0.11% of Amkor Technology worth $4,801,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd purchased a new position in shares of Amkor Technology in the 1st quarter worth approximately $27,000. UMB Bank n.a. raised its holdings in shares of Amkor Technology by 677.0% in the 1st quarter. UMB Bank n.a. now owns 1,756 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 1,530 shares during the period. Allworth Financial LP raised its holdings in shares of Amkor Technology by 166.3% in the 1st quarter. Allworth Financial LP now owns 2,173 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 1,357 shares during the period. Versant Capital Management Inc raised its holdings in Amkor Technology by 467.7% during the 1st quarter. Versant Capital Management Inc now owns 3,009 shares of the semiconductor company’s stock valued at $54,000 after acquiring an additional 2,479 shares during the period. Finally, Palouse Capital Management Inc. raised its holdings in Amkor Technology by 52.2% during the 1st 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 period. Institutional investors and hedge funds own 42.76% of the company’s stock.

Insider Activity

In other news, EVP Mark N. Rogers sold 15,000 shares of the 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 in the company, valued at $562,665.96. This represents a 38.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Sujoda Management, Llc purchased 441,589 shares of the business’s stock in a transaction dated Friday, August 1st. The shares were purchased at an average price of $21.85 per share, for a total transaction of $9,648,719.65. Following the acquisition, the insider owned 3,789,479 shares of the company’s stock, valued at approximately $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. Corporate insiders own 26.90% of the company’s stock.

Amkor Technology Price Performance

AMKR stock opened at $24.29 on Friday. Amkor Technology, Inc. has a 1 year low of $14.03 and a 1 year high of $32.47. The company has a market cap of $6.00 billion, a P/E ratio of 19.75 and a beta of 1.96. The firm has a 50-day moving average of $22.76 and a 200 day moving average of $20.25. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.89 and a quick ratio of 1.70.

Amkor Technology (NASDAQ:AMKR) last released its quarterly 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. Amkor Technology had a net margin of 4.80% and a return on equity of 7.23%. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the prior year, the firm earned $0.27 earnings per share. Amkor Technology’s revenue was up 3.4% on a year-over-year basis. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. On average, sell-side analysts forecast that Amkor Technology, Inc. will post 1.47 EPS for the current year.

Amkor Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 3rd will be paid a dividend of $0.0827 per share. The ex-dividend date of this dividend is Wednesday, September 3rd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.4%. Amkor Technology’s dividend payout ratio (DPR) is currently 26.83%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on AMKR shares. Morgan Stanley reissued an “equal weight” rating on shares of Amkor Technology in a report on Tuesday, July 29th. The Goldman Sachs Group started coverage on shares of Amkor Technology in a report on Thursday, July 10th. They issued a “neutral” rating and a $20.00 price target on the stock. Needham & Company LLC upped their price target on shares of Amkor Technology from $22.00 to $28.00 and gave the stock a “buy” rating in a report on Tuesday, July 29th. UBS Group upped their target price on shares of Amkor Technology from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, July 29th. Finally, B. Riley upped their target price on shares of Amkor Technology from $18.00 to $24.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 29th. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $26.44.

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.