MassMutual Private Wealth & Trust FSB Has $34,000 Stock Holdings in Amkor Technology, Inc. $AMKR

MassMutual Private Wealth & Trust FSB increased its holdings in shares of Amkor Technology, Inc. (NASDAQ:AMKRFree Report) by 416.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,602 shares of the semiconductor company’s stock after buying an additional 1,292 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Amkor Technology were worth $34,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Parallel Advisors LLC lifted its position in shares of Amkor Technology by 53.1% in the 2nd quarter. Parallel Advisors LLC now owns 5,372 shares of the semiconductor company’s stock worth $113,000 after purchasing an additional 1,863 shares during the period. Voya Investment Management LLC lifted its position in shares of Amkor Technology by 4.5% in the 1st quarter. Voya Investment Management LLC now owns 87,226 shares of the semiconductor company’s stock worth $1,575,000 after purchasing an additional 3,771 shares during the period. First Hawaiian Bank acquired a new position in shares of Amkor Technology in the 1st quarter worth approximately $633,000. Inspire Investing LLC lifted its position in shares of Amkor Technology by 22.0% in the 1st quarter. Inspire Investing LLC now owns 19,088 shares of the semiconductor company’s stock worth $345,000 after purchasing an additional 3,446 shares during the period. Finally, Acadian Asset Management LLC acquired a new position in shares of Amkor Technology in the 1st quarter worth approximately $1,151,000. Institutional investors and hedge funds own 42.76% of the company’s stock.

Amkor Technology Stock Performance

NASDAQ AMKR opened at $28.31 on Monday. Amkor Technology, Inc. has a 1 year low of $14.03 and a 1 year high of $32.47. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.89 and a quick ratio of 1.70. The firm has a market cap of $7.00 billion, a price-to-earnings ratio of 23.02 and a beta of 1.96. The company has a fifty day moving average price of $23.71 and a 200-day moving average price of $20.58.

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

Amkor Technology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Wednesday, September 3rd will be paid a $0.0827 dividend. The ex-dividend date is Wednesday, September 3rd. This represents a $0.33 annualized dividend and a dividend yield of 1.2%. Amkor Technology’s dividend payout ratio is presently 26.83%.

Analysts Set New Price Targets

AMKR has been the topic of a number of recent analyst reports. UBS Group boosted their price target 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. Needham & Company LLC boosted their price target on shares of Amkor Technology from $22.00 to $28.00 and gave the stock a “buy” 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. B. Riley lifted their price objective on shares of Amkor Technology from $18.00 to $24.00 and gave the company a “neutral” rating in a research note on Tuesday, July 29th. Finally, The Goldman Sachs Group assumed coverage on shares of Amkor Technology in a research note on Thursday, July 10th. They issued a “neutral” rating and a $20.00 price objective for the company. Four research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Amkor Technology currently has a consensus rating of “Hold” and a consensus target price of $26.44.

Read Our Latest Stock Report on AMKR

Insider Activity

In other news, EVP Mark N. Rogers sold 15,000 shares of the company’s stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $23.58, for a total value of $353,700.00. Following the completion of 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 position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Farshad Haghighi sold 11,792 shares of the company’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $25.00, for a total transaction of $294,800.00. Following the completion of the sale, the executive vice president owned 8,354 shares of the company’s stock, valued at approximately $208,850. The trade was a 58.53% decrease in their position. The disclosure for this sale can be found here. 26.90% of the stock is currently owned by corporate insiders.

Amkor Technology Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Amkor Technology (NASDAQ:AMKR)

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