GAMMA Investing LLC Boosts Stock Position in Amkor Technology, Inc. $AMKR

GAMMA Investing LLC boosted its holdings in Amkor Technology, Inc. (NASDAQ:AMKRFree Report) by 52.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,396 shares of the semiconductor company’s stock after purchasing an additional 2,543 shares during the period. GAMMA Investing LLC’s holdings in Amkor Technology were worth $155,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Focus Partners Wealth lifted its position in shares of Amkor Technology by 22.2% during the 1st quarter. Focus Partners Wealth now owns 303,549 shares of the semiconductor company’s stock valued at $5,482,000 after buying an additional 55,156 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Amkor Technology by 15.0% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 10,886 shares of the semiconductor company’s stock valued at $197,000 after buying an additional 1,423 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Amkor Technology by 22.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 20,963 shares of the semiconductor company’s stock valued at $379,000 after buying an additional 3,885 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of Amkor Technology by 32.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 22,260 shares of the semiconductor company’s stock valued at $403,000 after buying an additional 5,447 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Amkor Technology during the 1st quarter valued at $534,000. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Analyst Upgrades and Downgrades

AMKR has been the topic of a number of recent research reports. B. Riley upped their price target on Amkor Technology from $18.00 to $24.00 and gave the company a “neutral” rating in a research report on Tuesday, July 29th. Wall Street Zen raised Amkor Technology from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Amkor Technology in a research report on Tuesday, July 29th. JPMorgan Chase & Co. boosted their price objective on Amkor Technology from $25.00 to $27.00 and gave the company an “overweight” rating in a research note on Tuesday, July 29th. Finally, Needham & Company LLC boosted their price objective on Amkor Technology from $22.00 to $28.00 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 issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $26.44.

Check Out Our Latest Research Report on AMKR

Insider Activity at Amkor Technology

In related news, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $30.00, for a total transaction of $300,000.00. Following the completion of the sale, the chief executive officer directly owned 358,007 shares in the company, valued at $10,740,210. This represents a 2.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder John T. Kim bought 441,589 shares of the company’s stock in a transaction that occurred on Friday, August 1st. The shares were bought at an average price of $21.85 per share, with a total value of $9,648,719.65. Following the completion of the acquisition, the insider directly owned 3,789,479 shares in the company, valued at $82,800,116.15. This trade represents a 13.19% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold a total of 36,792 shares of company stock worth $948,500 over the last three months. Corporate insiders own 26.90% of the company’s stock.

Amkor Technology Price Performance

AMKR opened at $28.52 on Tuesday. The stock has a 50-day moving average price of $24.63 and a 200-day moving average price of $20.98. Amkor Technology, Inc. has a 12-month low of $14.03 and a 12-month high of $31.72. The company has a current ratio of 1.89, a quick ratio of 1.70 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $7.05 billion, a P/E ratio of 23.19 and a beta of 1.96.

Amkor Technology (NASDAQ:AMKRGet Free Report) last posted its quarterly earnings data 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 return on equity of 7.23% and a net margin of 4.80%.The firm 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 business earned $0.27 EPS. The company’s revenue for the quarter 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. Equities analysts predict that Amkor Technology, Inc. will post 1.47 earnings per share for the current fiscal year.

Amkor Technology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Wednesday, September 3rd were issued a dividend of $0.0827 per share. The ex-dividend date was Wednesday, September 3rd. This represents a $0.33 annualized dividend and a yield of 1.2%. Amkor Technology’s dividend payout ratio is currently 26.83%.

About Amkor Technology

(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.

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

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