Pallas Capital Advisors LLC Increases Stake in Amkor Technology, Inc. $AMKR

Pallas Capital Advisors LLC increased its holdings in shares of Amkor Technology, Inc. (NASDAQ:AMKR) by 29.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,484 shares of the semiconductor company’s stock after buying an additional 3,081 shares during the period. Pallas Capital Advisors LLC’s holdings in Amkor Technology were worth $283,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Advisors Asset Management Inc. increased its stake in Amkor Technology by 61.8% during the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock worth $40,000 after buying an additional 854 shares during the period. Transce3nd LLC increased its stake in Amkor Technology by 5.8% during the 1st quarter. Transce3nd LLC now owns 15,817 shares of the semiconductor company’s stock worth $283,000 after buying an additional 864 shares during the period. Merit Financial Group LLC increased its stake in Amkor Technology by 6.4% during the 1st quarter. Merit Financial Group LLC now owns 14,595 shares of the semiconductor company’s stock worth $264,000 after buying an additional 873 shares during the period. Assetmark Inc. increased its stake in Amkor Technology by 9.8% during the 1st quarter. Assetmark Inc. now owns 13,570 shares of the semiconductor company’s stock worth $245,000 after buying an additional 1,208 shares during the period. Finally, MassMutual Private Wealth & Trust FSB increased its stake in Amkor Technology by 416.8% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,602 shares of the semiconductor company’s stock worth $34,000 after buying an additional 1,292 shares during the period. 42.76% of the stock is owned by hedge funds and other institutional investors.

Amkor Technology Price Performance

Shares of NASDAQ:AMKR opened at $28.31 on Monday. The company has a 50-day simple moving average of $23.71 and a 200-day simple moving average of $20.58. Amkor Technology, Inc. has a one year low of $14.03 and a one year high of $32.47. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.70 and a current ratio of 1.89. The stock has a market capitalization of $7.00 billion, a price-to-earnings ratio of 23.02 and a beta of 1.96.

Amkor Technology (NASDAQ:AMKR) last announced its earnings results on Monday, July 28th. The semiconductor company reported $0.22 EPS for the quarter, beating 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 business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same period in the prior year, the company earned $0.27 earnings per share. 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. On average, analysts predict 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 given a dividend of $0.0827 per share. The ex-dividend date is Wednesday, September 3rd. This represents a $0.33 annualized dividend and a yield of 1.2%. Amkor Technology’s payout ratio is presently 26.83%.

Insiders Place Their Bets

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Morgan Stanley reaffirmed an “equal weight” rating on shares of Amkor Technology in a research note on Tuesday, July 29th. UBS Group raised their price objective on shares of Amkor Technology from $23.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. Wall Street Zen upgraded shares of Amkor Technology from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. JPMorgan Chase & Co. boosted their target price on shares of Amkor Technology from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 29th. Finally, The Goldman Sachs Group started coverage on shares of Amkor Technology in a research note on Thursday, July 10th. They set a “neutral” rating and a $20.00 target price for the company. Four investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $26.44.

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.