First Trust Advisors LP Grows Stock Holdings in Amkor Technology, Inc. $AMKR

First Trust Advisors LP grew its position in Amkor Technology, Inc. (NASDAQ:AMKR) by 31.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,685,552 shares of the semiconductor company’s stock after buying an additional 398,927 shares during the quarter. First Trust Advisors LP owned 0.68% of Amkor Technology worth $35,380,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Focus Partners Wealth boosted its holdings in Amkor Technology by 22.2% in the first quarter. Focus Partners Wealth now owns 303,549 shares of the semiconductor company’s stock valued at $5,482,000 after purchasing an additional 55,156 shares during the period. Sequoia Financial Advisors LLC purchased a new position in shares of Amkor Technology in the 2nd quarter valued at about $311,000. Mirae Asset Global Investments Co. Ltd. grew its position 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 worth $8,285,000 after buying an additional 18,737 shares in the last quarter. CWM LLC grew its position 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 buying an additional 23,914 shares in the last quarter. Finally, Allianz Asset Management GmbH increased its stake in shares of Amkor Technology by 118.5% during the second quarter. Allianz Asset Management GmbH now owns 353,370 shares of the semiconductor company’s stock worth $7,417,000 after buying an additional 191,626 shares during the period. Institutional investors and hedge funds own 42.76% of the company’s stock.

Insider Activity

In other Amkor Technology news, CEO Guillaume Marie Jean Rutten sold 10,000 shares of Amkor Technology stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $31.68, for a total value of $316,800.00. Following the transaction, the chief executive officer directly owned 346,699 shares in the company, valued at approximately $10,983,424.32. This trade represents a 2.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Mark N. Rogers sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $31.69, for a total value of $633,800.00. Following the completion of the transaction, the executive vice president directly owned 23,862 shares in the company, valued at approximately $756,186.78. The trade was a 45.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 50,000 shares of company stock valued at $1,558,000 in the last quarter. Insiders own 26.90% of the company’s stock.

Amkor Technology Price Performance

AMKR stock opened at $44.61 on Wednesday. The company has a current ratio of 1.77, a quick ratio of 1.60 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $11.03 billion, a P/E ratio of 35.69 and a beta of 1.99. The business has a 50 day simple moving average of $33.77 and a 200-day simple moving average of $26.69. Amkor Technology, Inc. has a twelve month low of $14.03 and a twelve month high of $45.18.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings results on Monday, October 27th. The semiconductor company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.42 by $0.09. The firm had revenue of $1.99 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.49 EPS. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. As a group, equities analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current year.

Amkor Technology Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Wednesday, December 3rd will be paid a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. This is a positive change from Amkor Technology’s previous quarterly dividend of $0.08. The ex-dividend date is Wednesday, December 3rd. Amkor Technology’s payout ratio is currently 26.40%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Needham & Company LLC lifted their price target on shares of Amkor Technology from $32.00 to $37.00 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. JPMorgan Chase & Co. boosted their target price on shares of Amkor Technology from $27.00 to $32.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday, October 8th. The Goldman Sachs Group lifted their price target on Amkor Technology from $26.00 to $29.00 and gave the stock a “neutral” rating in a report on Tuesday, October 28th. Finally, Zacks Research cut Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 25th. Four equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Amkor Technology currently has an average rating of “Hold” and an average target price of $29.63.

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.