Parallel Advisors LLC Boosts Holdings in Amkor Technology, Inc. $AMKR

Parallel Advisors LLC increased its stake in shares of Amkor Technology, Inc. (NASDAQ:AMKR) by 53.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,372 shares of the semiconductor company’s stock after buying an additional 1,863 shares during the period. Parallel Advisors LLC’s holdings in Amkor Technology were worth $113,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Advisors Asset Management Inc. increased its stake in shares of Amkor Technology by 61.8% in the first quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 854 shares in the last quarter. Transce3nd LLC increased its stake in shares of Amkor Technology by 5.8% in the first quarter. Transce3nd LLC now owns 15,817 shares of the semiconductor company’s stock worth $283,000 after purchasing an additional 864 shares in the last quarter. Merit Financial Group LLC increased its stake in shares of Amkor Technology by 6.4% in the first quarter. Merit Financial Group LLC now owns 14,595 shares of the semiconductor company’s stock worth $264,000 after purchasing an additional 873 shares in the last quarter. Assetmark Inc. increased its stake in shares of Amkor Technology by 9.8% in the first quarter. Assetmark Inc. now owns 13,570 shares of the semiconductor company’s stock worth $245,000 after purchasing an additional 1,208 shares in the last quarter. Finally, Allworth Financial LP increased its stake in shares of Amkor Technology by 166.3% in the first 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 in the last quarter. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Amkor Technology Price Performance

Shares of Amkor Technology stock opened at $29.58 on Wednesday. Amkor Technology, Inc. has a 52-week low of $14.03 and a 52-week high of $32.47. The stock has a market capitalization of $7.31 billion, a price-to-earnings ratio of 24.05 and a beta of 1.96. The company has a fifty day moving average of $24.04 and a 200-day moving average of $20.71. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.70 and a current ratio of 1.89.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly 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. The company had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.42 billion. Amkor Technology had a net margin of 4.80% and a return on equity of 7.23%. The firm’s revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.27 EPS. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. Equities research analysts expect that Amkor Technology, Inc. will post 1.47 EPS for the current year.

Amkor Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 3rd were issued a $0.0827 dividend. This represents a $0.33 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Wednesday, September 3rd. Amkor Technology’s dividend payout ratio (DPR) is 26.83%.

Insiders Place Their Bets

In other Amkor Technology news, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $30.00, for a total value of $300,000.00. Following the sale, the chief executive officer owned 358,007 shares of the company’s stock, valued at $10,740,210. This trade represents a 2.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Farshad Haghighi sold 11,792 shares of the firm’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 directly owned 8,354 shares in the company, valued at approximately $208,850. This trade represents a 58.53% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 36,792 shares of company stock worth $948,500. 26.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

AMKR has been the subject of several recent research reports. Needham & Company LLC lifted their target price on shares of Amkor Technology from $22.00 to $28.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. JPMorgan Chase & Co. lifted 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. Wall Street Zen raised shares of Amkor Technology from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. 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 price objective for the company. Finally, UBS Group boosted their price objective on shares of Amkor Technology from $23.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, July 29th. Four investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price 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.