Insider Selling: Amkor Technology (NASDAQ:AMKR) Director Sells $920,400.00 in Stock

Amkor Technology, Inc. (NASDAQ:AMKR) Director Maryfrances Mccourt sold 20,000 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $46.02, for a total value of $920,400.00. Following the completion of the sale, the director owned 55,918 shares in the company, valued at $2,573,346.36. This represents a 26.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Amkor Technology Stock Performance

NASDAQ AMKR opened at $39.30 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.77 and a quick ratio of 1.60. Amkor Technology, Inc. has a 1-year low of $14.03 and a 1-year high of $47.28. The business has a 50 day simple moving average of $35.58 and a two-hundred day simple moving average of $27.76. The stock has a market capitalization of $9.71 billion, a PE ratio of 31.44 and a beta of 1.99.

Amkor Technology (NASDAQ:AMKR) last posted its earnings results on Monday, October 27th. The semiconductor company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.09. Amkor Technology had a return on equity of 7.26% and a net margin of 4.77%.The firm had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same period in the prior year, the company earned $0.49 EPS. The company’s quarterly revenue was up 6.7% compared to the same quarter last year. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. On average, research analysts predict that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal 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 issued a $0.0835 dividend. This is a boost from Amkor Technology’s previous quarterly dividend of $0.08. The ex-dividend date is Wednesday, December 3rd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.9%. Amkor Technology’s payout ratio is presently 26.40%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a research report on Wednesday, October 8th. Needham & Company LLC upped their price objective on Amkor Technology from $32.00 to $37.00 and gave the company a “buy” rating in a research report on Tuesday, October 28th. Wall Street Zen cut Amkor Technology from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Zacks Research downgraded Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 25th. Finally, DA Davidson raised their price target on Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Four investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $29.63.

Institutional Investors Weigh In On Amkor Technology

A number of institutional investors and hedge funds have recently modified their holdings of AMKR. Salomon & Ludwin LLC purchased a new position in Amkor Technology during the 3rd quarter valued at $25,000. Bessemer Group Inc. lifted its position in shares of Amkor Technology by 72.1% during the third quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 391 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Amkor Technology during the first quarter valued at $27,000. IFP Advisors Inc boosted its stake in shares of Amkor Technology by 91.2% during the third quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 447 shares during the period. Finally, Hantz Financial Services Inc. grew its holdings in shares of Amkor Technology by 1,050.4% in the second quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 1,250 shares during the last quarter. 42.76% of the stock is owned by institutional investors.

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.