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

Amkor Technology (NASDAQ:AMKR) was downgraded by stock analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report released on Saturday.

AMKR has been the subject of a number of other reports. Zacks Research cut shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 25th. Morgan Stanley increased their price objective on shares of Amkor Technology from $28.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 10th. UBS Group set a $43.00 target price on Amkor Technology in a research note on Tuesday, February 10th. Needham & Company LLC boosted their target price on Amkor Technology from $50.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $49.86.

Amkor Technology Trading Down 4.8%

Shares of AMKR stock opened at $45.83 on Friday. Amkor Technology has a fifty-two week low of $14.03 and a fifty-two week high of $57.09. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.01 and a current ratio of 2.27. The stock has a 50 day simple moving average of $47.95 and a two-hundred day simple moving average of $39.24. The company has a market cap of $11.33 billion, a P/E ratio of 30.35 and a beta of 1.94.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings results on Monday, February 9th. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.26. The firm had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.84 billion. Amkor Technology had a return on equity of 8.66% and a net margin of 5.57%.The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.43 EPS. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. Research analysts forecast that Amkor Technology will post 1.47 earnings per share for the current year.

Insider Activity

In other news, CEO Kevin K. Engel sold 12,500 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $48.75, for a total value of $609,375.00. Following the completion of the sale, the chief executive officer owned 2,953 shares in the company, valued at $143,958.75. This represents a 80.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Guillaume Marie Jean Rutten sold 20,000 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $48.80, for a total transaction of $976,000.00. Following the completion of the sale, the director owned 543,866 shares of the company’s stock, valued at approximately $26,540,660.80. This represents a 3.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 52,500 shares of company stock worth $2,585,875 over the last 90 days. 26.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Amkor Technology

A number of hedge funds have recently bought and sold shares of the business. Salomon & Ludwin LLC purchased a new position in shares of Amkor Technology during the 3rd quarter valued at $25,000. Bessemer Group Inc. grew its position in Amkor Technology by 72.1% in the third quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 391 shares in the last quarter. IFP Advisors Inc boosted its holdings in shares of Amkor Technology by 91.2% in the 3rd quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 447 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Amkor Technology by 180.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 440 shares during the last quarter. Finally, Root Financial Partners LLC increased its holdings in shares of Amkor Technology by 38.8% in the fourth quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock worth $37,000 after buying an additional 262 shares during the period. 42.76% of the stock is currently owned by institutional investors.

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.