Amkor Technology (NASDAQ:AMKR) Stock Crosses Above 200-Day Moving Average – Should You Sell?

Shares of Amkor Technology, Inc. (NASDAQ:AMKR) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $28.92 and traded as high as $40.68. Amkor Technology shares last traded at $40.09, with a volume of 1,669,581 shares traded.

Wall Street Analysts Forecast Growth

AMKR has been the subject of a number of research analyst reports. Zacks Research lowered Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 25th. Needham & Company LLC raised 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. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday, October 8th. JPMorgan Chase & Co. upped their target price on shares of Amkor Technology from $27.00 to $32.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 28th. Finally, Wall Street Zen raised shares of Amkor Technology from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Four analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, Amkor Technology currently has a consensus rating of “Hold” and a consensus price target of $29.63.

Amkor Technology Trading Down 1.2%

The stock has a market cap of $9.91 billion, a PE ratio of 32.07 and a beta of 1.99. The firm has a 50-day moving average price of $36.96 and a 200-day moving average price of $28.92. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.60 and a current ratio of 1.77.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings data 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 company had revenue of $1.99 billion for 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 period in the prior year, the firm posted $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 fiscal year.

Amkor Technology Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Wednesday, December 3rd were issued a $0.0835 dividend. This represents a $0.33 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was 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%.

Insiders Place Their Bets

In other Amkor Technology news, Director Maryfrances Mccourt sold 20,000 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of $46.02, for a total transaction of $920,400.00. Following the sale, the director directly owned 55,918 shares in the company, valued at approximately $2,573,346.36. This trade represents a 26.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Mark N. Rogers sold 20,000 shares of the business’s stock in a transaction on 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 transaction, the executive vice president owned 23,862 shares of the company’s stock, valued at $756,186.78. This represents a 45.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 91,000 shares of company stock worth $3,615,510 in the last three months. Corporate insiders own 26.90% of the company’s stock.

Hedge Funds Weigh In On Amkor Technology

Hedge funds have recently bought and sold shares of the business. Bessemer Group Inc. boosted its holdings in shares of Amkor Technology by 72.1% during the 3rd quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 391 shares during the last quarter. IFP Advisors Inc lifted its position in 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. Allworth Financial LP boosted its holdings in Amkor Technology by 21.5% in the second quarter. Allworth Financial LP now owns 2,640 shares of the semiconductor company’s stock worth $55,000 after purchasing an additional 467 shares during the last quarter. Ulland Investment Advisors LLC boosted its holdings in Amkor Technology by 2.8% in the third quarter. Ulland Investment Advisors LLC now owns 18,260 shares of the semiconductor company’s stock worth $519,000 after purchasing an additional 500 shares during the last quarter. Finally, Arizona State Retirement System grew its position in Amkor Technology by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 36,553 shares of the semiconductor company’s stock worth $1,038,000 after purchasing an additional 503 shares during the period. Hedge funds and other institutional investors own 42.76% of the company’s stock.

About Amkor Technology

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.