Amkor Technology (NASDAQ:AMKR) EVP Mark Rogers Sells 5,000 Shares of Stock

Amkor Technology, Inc. (NASDAQ:AMKRGet Free Report) EVP Mark Rogers sold 5,000 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $59.43, for a total value of $297,150.00. Following the completion of the sale, the executive vice president directly owned 38,904 shares of the company’s stock, valued at $2,312,064.72. This represents a 11.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Amkor Technology Price Performance

Shares of NASDAQ:AMKR opened at $69.44 on Tuesday. The business has a 50-day moving average of $49.28 and a two-hundred day moving average of $43.19. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.27 and a quick ratio of 2.01. Amkor Technology, Inc. has a fifty-two week low of $15.24 and a fifty-two week high of $69.69. The stock has a market capitalization of $17.21 billion, a P/E ratio of 45.99 and a beta of 1.94.

Amkor Technology (NASDAQ:AMKRGet Free Report) last issued its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $1.84 billion. During the same period in the previous year, the company earned $0.43 earnings per share. Amkor Technology’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. On average, equities research analysts predict that Amkor Technology, Inc. will post 1.62 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 12th were paid a $0.0835 dividend. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Thursday, March 12th. Amkor Technology’s payout ratio is presently 21.85%.

Hedge Funds Weigh In On Amkor Technology

A number of hedge funds have recently made changes to their positions in AMKR. Royal Bank of Canada raised its stake in shares of Amkor Technology by 100.6% in the 1st quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock valued at $349,000 after buying an additional 3,454,012 shares in the last quarter. Advisors Asset Management Inc. raised its stake 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 valued at $40,000 after buying an additional 854 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Amkor Technology by 913.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,509 shares of the semiconductor company’s stock valued at $136,000 after buying an additional 6,768 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Amkor Technology by 73.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 524,713 shares of the semiconductor company’s stock worth $9,476,000 after buying an additional 222,107 shares in the last quarter. Finally, Caxton Associates LLP acquired a new position in shares of Amkor Technology in the 1st quarter worth approximately $271,000. Institutional investors and hedge funds own 42.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on AMKR shares. Morgan Stanley boosted their price objective on Amkor Technology from $28.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 10th. B. Riley Financial reissued a “neutral” rating on shares of Amkor Technology in a research report on Monday. Wall Street Zen cut Amkor Technology from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 21st. The Goldman Sachs Group boosted their price objective on Amkor Technology from $38.00 to $43.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 10th. Finally, Needham & Company LLC boosted their price objective on Amkor Technology from $50.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Four research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $51.13.

Check Out Our Latest Stock Analysis on AMKR

About Amkor Technology

(Get Free Report)

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.

Read More

Insider Buying and Selling by Quarter for Amkor Technology (NASDAQ:AMKR)

Receive News & Ratings for Amkor Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amkor Technology and related companies with MarketBeat.com's FREE daily email newsletter.