Amkor Technology (NASDAQ:AMKR) Sets New 1-Year High – Here’s Why

Amkor Technology, Inc. (NASDAQ:AMKR) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $57.62 and last traded at $57.7330, with a volume of 599350 shares. The stock had previously closed at $55.14.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on AMKR shares. Zacks Research downgraded shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 25th. Melius Research raised shares of Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a report on Monday, April 6th. William Blair raised shares of Amkor Technology to a “neutral” rating in a report on Monday, January 12th. UBS Group set a $43.00 price objective on shares of Amkor Technology in a report on Tuesday, February 10th. Finally, Wall Street Zen downgraded Amkor Technology from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 21st. Four research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, Amkor Technology presently has an average rating of “Hold” and a consensus target price of $51.13.

Amkor Technology Price Performance

The company has a quick ratio of 2.01, a current ratio of 2.27 and a debt-to-equity ratio of 0.28. The firm has a market cap of $14.36 billion, a PE ratio of 38.38 and a beta of 1.94. The firm’s fifty day simple moving average is $47.34 and its two-hundred day simple moving average is $41.64.

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

Amkor Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th were issued a dividend of $0.0835 per share. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $0.33 annualized dividend and a yield of 0.6%. Amkor Technology’s payout ratio is currently 21.85%.

Insider Activity

In other news, EVP Mark N. Rogers sold 5,000 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $44.54, for a total value of $222,700.00. Following the transaction, the executive vice president directly owned 38,904 shares in the company, valued at $1,732,784.16. The trade was a 11.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Guillaume Marie Jean Rutten sold 20,000 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $48.80, for a total value of $976,000.00. Following the completion of the transaction, the director owned 543,866 shares in the company, valued at $26,540,660.80. The trade was a 3.55% decrease in their ownership of the stock. 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 ninety days. Corporate insiders own 26.90% of the company’s stock.

Hedge Funds Weigh In On Amkor Technology

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of Amkor Technology by 4.6% in the third quarter. Vanguard Group Inc. now owns 15,779,847 shares of the semiconductor company’s stock valued at $448,148,000 after acquiring an additional 687,900 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Amkor Technology by 18.4% in 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 in the last quarter. American Century Companies Inc. lifted its holdings in shares of Amkor Technology by 0.5% in 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. State Street Corp lifted its holdings in shares of Amkor Technology by 1.4% in the fourth quarter. State Street Corp now owns 3,473,925 shares of the semiconductor company’s stock worth $137,151,000 after buying an additional 47,514 shares in the last quarter. Finally, First Trust Advisors LP lifted its holdings in shares of Amkor Technology by 37.4% in the fourth quarter. First Trust Advisors LP now owns 2,722,310 shares of the semiconductor company’s stock worth $107,477,000 after buying an additional 740,701 shares in the last quarter. 42.76% of the stock is currently owned by hedge funds and other 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.