Amkor Technology, Inc. $AMKR is Bandera Partners LLC’s 5th Largest Position

Bandera Partners LLC grew its stake in shares of Amkor Technology, Inc. (NASDAQ:AMKRFree Report) by 153.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 773,493 shares of the semiconductor company’s stock after buying an additional 468,640 shares during the quarter. Amkor Technology accounts for approximately 7.3% of Bandera Partners LLC’s portfolio, making the stock its 5th largest holding. Bandera Partners LLC owned about 0.31% of Amkor Technology worth $16,236,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Focus Partners Wealth raised its holdings in 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. Sequoia Financial Advisors LLC purchased a new position in shares of Amkor Technology in the second quarter valued at about $311,000. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Amkor Technology by 5.0% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 394,690 shares of the semiconductor company’s stock valued at $8,285,000 after acquiring an additional 18,737 shares during the last quarter. CWM LLC boosted its holdings in shares of Amkor Technology by 85.3% during the second quarter. CWM LLC now owns 51,940 shares of the semiconductor company’s stock worth $1,090,000 after purchasing an additional 23,914 shares during the period. Finally, Allianz Asset Management GmbH grew its stake in shares of Amkor Technology by 118.5% in the second quarter. Allianz Asset Management GmbH now owns 353,370 shares of the semiconductor company’s stock worth $7,417,000 after purchasing an additional 191,626 shares during the last quarter. Institutional investors own 42.76% of the company’s stock.

Amkor Technology Price Performance

AMKR opened at $33.13 on Tuesday. The firm has a market cap of $8.19 billion, a PE ratio of 26.50 and a beta of 2.02. The stock has a 50-day moving average price of $31.30 and a 200-day moving average price of $25.09. Amkor Technology, Inc. has a 1 year low of $14.03 and a 1 year high of $38.22. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.77 and a quick ratio of 1.70.

Amkor Technology (NASDAQ:AMKRGet Free Report) last released its quarterly earnings data on Monday, October 27th. The semiconductor company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.09. The business had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.93 billion. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. Amkor Technology’s revenue was up 6.7% compared to the same quarter last year. During the same period last year, the business earned $0.49 EPS. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. Sell-side analysts predict that Amkor Technology, Inc. will post 1.47 earnings per share for the current fiscal year.

Amkor Technology Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Investors of record on Wednesday, December 3rd will be issued a $0.0835 dividend. This represents a $0.33 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Wednesday, December 3rd. This is an increase from Amkor Technology’s previous quarterly dividend of $0.08. Amkor Technology’s dividend payout ratio (DPR) is presently 26.40%.

Insider Activity at Amkor Technology

In other news, 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 transaction, the executive vice president directly owned 8,354 shares of the company’s stock, valued at $208,850. This represents a 58.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Mark N. Rogers sold 20,000 shares of Amkor Technology stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $31.69, for a total value of $633,800.00. Following the completion of the sale, the executive vice president owned 23,862 shares of the company’s stock, valued at $756,186.78. The trade was a 45.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 61,792 shares of company stock valued at $1,852,800. 26.90% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

AMKR has been the subject of several research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday, October 8th. Needham & Company LLC upped their target price on Amkor Technology from $32.00 to $37.00 and gave the company a “buy” rating in a report on Tuesday, October 28th. UBS Group lifted their price target 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 report on Friday, September 5th. Finally, Zacks Research raised shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.63.

Check Out Our Latest Analysis on AMKR

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.

See Also

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

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