State of Alaska Department of Revenue Lowers Stock Position in Amkor Technology, Inc. $AMKR

State of Alaska Department of Revenue lessened its stake in Amkor Technology, Inc. (NASDAQ:AMKR) by 55.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 152,753 shares of the semiconductor company’s stock after selling 191,184 shares during the period. State of Alaska Department of Revenue owned approximately 0.06% of Amkor Technology worth $4,337,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Salomon & Ludwin LLC bought a new stake in shares of Amkor Technology during the 3rd quarter worth $25,000. Hantz Financial Services Inc. lifted its stake in Amkor Technology by 1,050.4% during 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. MassMutual Private Wealth & Trust FSB lifted its stake in Amkor Technology by 416.8% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,602 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 1,292 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in shares of Amkor Technology by 61.8% in the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 854 shares in the last quarter. Finally, Quaker Wealth Management LLC raised its holdings in shares of Amkor Technology by 301.1% during the 2nd quarter. Quaker Wealth Management LLC now owns 2,514 shares of the semiconductor company’s stock valued at $53,000 after buying an additional 3,764 shares in the last quarter. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on AMKR. DA Davidson upped their target price on Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, October 8th. JPMorgan Chase & Co. lifted 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. Needham & Company LLC boosted their price target on shares of Amkor Technology from $37.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday, January 5th. Finally, Wall Street Zen cut Amkor Technology from a “buy” rating to a “hold” rating in a research note on Saturday. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $35.00.

Amkor Technology Trading Up 2.5%

NASDAQ:AMKR opened at $52.29 on Monday. The firm has a market capitalization of $12.93 billion, a P/E ratio of 41.83 and a beta of 1.99. 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 company has a fifty day moving average of $39.52 and a 200 day moving average of $30.57. Amkor Technology, Inc. has a 52 week low of $14.03 and a 52 week high of $53.53.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings data on Monday, October 27th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.49 earnings per share. 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 earnings per share for the current year.

Amkor Technology Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 3rd were given a dividend of $0.0835 per share. This represents a $0.33 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Wednesday, December 3rd. This is a positive change from Amkor Technology’s previous quarterly dividend of $0.08. Amkor Technology’s dividend payout ratio is currently 26.40%.

Insiders Place Their Bets

In other news, Director Gil C. Tily sold 20,000 shares of Amkor Technology stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $46.44, for a total value of $928,800.00. Following the sale, the director directly owned 123,806 shares in the company, valued at approximately $5,749,550.64. This trade represents a 13.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kevin Engel sold 11,000 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $46.21, for a total value of $508,310.00. Following the transaction, the executive vice president directly owned 349 shares in the company, valued at $16,127.29. This trade represents a 96.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 91,000 shares of company stock worth $3,615,510. Insiders own 26.90% 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.