Amkor Technology, Inc. (NASDAQ:AMKR) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Amkor Technology, Inc. (NASDAQ:AMKRGet Free Report) have received an average recommendation of “Hold” from the ten analysts that are covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $26.4444.

AMKR has been the subject of several research reports. Needham & Company LLC lifted their price target on Amkor Technology from $22.00 to $28.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. Morgan Stanley reissued an “equal weight” rating on shares of Amkor Technology in a research note on Tuesday, July 29th. UBS Group boosted their target price 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. JPMorgan Chase & Co. boosted their target price on shares of Amkor Technology from $25.00 to $27.00 and gave the company an “overweight” rating in a research note on Tuesday, July 29th. Finally, B. Riley boosted their target price 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.

Get Our Latest Report on AMKR

Insider Activity at Amkor Technology

In other news, EVP Farshad Haghighi sold 11,792 shares of the company’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $25.00, for a total transaction of $294,800.00. Following the completion of the transaction, the executive vice president owned 8,354 shares of the company’s stock, valued at $208,850. This represents a 58.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Sujoda Management, Llc acquired 441,589 shares of the company’s stock in a transaction dated Friday, August 1st. The shares were bought at an average cost of $21.85 per share, with a total value of $9,648,719.65. Following the purchase, the insider owned 3,789,479 shares in the company, 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. Over the last 90 days, insiders have sold 36,792 shares of company stock worth $948,500. Corporate insiders own 26.90% of the company’s stock.

Institutional Trading of Amkor Technology

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Amkor Technology by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 16,025,236 shares of the semiconductor company’s stock worth $289,416,000 after purchasing an additional 361,010 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Amkor Technology by 2.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 13,398,430 shares of the semiconductor company’s stock worth $241,980,000 after purchasing an additional 365,975 shares during the period. American Century Companies Inc. grew its holdings in shares of Amkor Technology by 30.0% during the 2nd quarter. American Century Companies Inc. now owns 3,818,331 shares of the semiconductor company’s stock worth $80,147,000 after purchasing an additional 880,738 shares during the period. AQR Capital Management LLC grew its holdings in shares of Amkor Technology by 38.3% during the 2nd quarter. AQR Capital Management LLC now owns 3,558,040 shares of the semiconductor company’s stock worth $74,541,000 after purchasing an additional 985,727 shares during the period. Finally, SW Investment Management LLC grew its holdings in shares of Amkor Technology by 89.3% during the 1st quarter. SW Investment Management LLC now owns 2,650,000 shares of the semiconductor company’s stock worth $47,859,000 after purchasing an additional 1,250,000 shares during the period. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Amkor Technology Trading Down 0.6%

NASDAQ:AMKR opened at $29.16 on Friday. The company has a market capitalization of $7.21 billion, a PE ratio of 23.71 and a beta of 1.96. The company has a quick ratio of 1.70, a current ratio of 1.89 and a debt-to-equity ratio of 0.28. Amkor Technology has a 52-week low of $14.03 and a 52-week high of $32.47. The stock has a fifty day simple moving average of $24.35 and a 200-day simple moving average of $20.83.

Amkor Technology (NASDAQ:AMKRGet Free Report) last released its quarterly 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. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.42 billion. Amkor Technology had a return on equity of 7.23% and a net margin of 4.80%.The business’s revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.27 EPS. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. On average, equities research analysts expect that Amkor Technology will post 1.47 earnings per share for the current fiscal year.

Amkor Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Wednesday, September 3rd were paid a dividend of $0.0827 per share. The ex-dividend date of this dividend was Wednesday, September 3rd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.1%. Amkor Technology’s dividend payout ratio is currently 26.83%.

Amkor Technology Company Profile

(Get 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

Analyst Recommendations for Amkor Technology (NASDAQ:AMKR)

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