Wall Street Zen Upgrades Amkor Technology (NASDAQ:AMKR) to Buy

Amkor Technology (NASDAQ:AMKR) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

Several other equities analysts also recently issued reports on the company. Zacks Research downgraded Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 25th. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, October 8th. DA Davidson upped their price target on shares of Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Needham & Company LLC increased their price objective on shares of Amkor Technology from $32.00 to $37.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Amkor Technology from $27.00 to $32.00 and gave the company an “overweight” rating in a research report on Tuesday, October 28th. Four analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $29.63.

Amkor Technology Trading Up 2.8%

Shares of AMKR stock opened at $40.39 on Friday. The company has a market capitalization of $9.98 billion, a P/E ratio of 32.31 and a beta of 1.99. Amkor Technology has a 12-month low of $14.03 and a 12-month high of $47.28. The company has a quick ratio of 1.60, a current ratio of 1.77 and a debt-to-equity ratio of 0.29. The firm has a 50-day moving average price of $35.82 and a 200 day moving average price of $27.92.

Amkor Technology (NASDAQ:AMKR) last issued its quarterly earnings data on Monday, October 27th. The semiconductor company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.09. The firm had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.93 billion. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. The company’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.49 earnings per share. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. Research analysts forecast that Amkor Technology will post 1.47 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Amkor Technology news, Director Maryfrances Mccourt sold 20,000 shares of the 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 transaction, the director owned 55,918 shares of the company’s stock, valued at approximately $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. Also, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $31.68, for a total value of $316,800.00. Following the completion of the sale, the chief executive officer directly owned 346,699 shares of the company’s stock, valued at approximately $10,983,424.32. This trade represents a 2.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 101,000 shares of company stock valued at $3,915,510 in the last ninety days. 26.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Amkor Technology

Large investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Amkor Technology by 4.6% in the 3rd quarter. Vanguard Group Inc. now owns 15,779,847 shares of the semiconductor company’s stock worth $448,148,000 after purchasing an additional 687,900 shares during the period. AQR Capital Management LLC boosted its position in shares of Amkor Technology by 18.4% during the third quarter. AQR Capital Management LLC now owns 4,211,529 shares of the semiconductor company’s stock worth $119,607,000 after buying an additional 653,489 shares during the period. American Century Companies Inc. grew its holdings in shares of Amkor Technology by 0.5% during the third quarter. American Century Companies Inc. now owns 3,835,987 shares of the semiconductor company’s stock worth $108,942,000 after buying an additional 17,656 shares in the last quarter. Earnest Partners LLC raised its position in Amkor Technology by 0.3% in the 1st quarter. Earnest Partners LLC now owns 2,334,787 shares of the semiconductor company’s stock valued at $42,166,000 after buying an additional 6,216 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Amkor Technology by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 2,255,475 shares of the semiconductor company’s stock valued at $47,349,000 after acquiring an additional 27,432 shares in the last quarter. Institutional investors own 42.76% of the company’s stock.

Amkor Technology Company Profile

Amkor Technology, Inc (NASDAQ:AMKR) is a leading provider of outsourced semiconductor packaging and test (OSAT) services, supporting integrated device manufacturers and semiconductor foundries worldwide. The company offers a broad range of advanced packaging solutions, including wafer bumping, flip chip, system-in-package and ball grid array technologies, designed to meet the performance, power and form-factor demands of applications across consumer electronics, automotive, communications and industrial markets.

In addition to packaging, Amkor delivers comprehensive test services such as wafer probing, final test, system-level test and digital, analog and mixed-signal testing, enabling customers to accelerate time-to-market and reduce total costs.