Amkor Technology (NASDAQ:AMKR) Shares Gap Up – Still a Buy?

Amkor Technology, Inc. (NASDAQ:AMKR) gapped up before the market opened on Friday . The stock had previously closed at $72.91, but opened at $77.75. Amkor Technology shares last traded at $76.2910, with a volume of 780,655 shares.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Morgan Stanley lifted their price target on shares of Amkor Technology from $28.00 to $45.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 10th. JPMorgan Chase & Co. increased their price objective on shares of Amkor Technology from $32.00 to $65.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 10th. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a research note on Monday, April 20th. UBS Group set a $43.00 target price on Amkor Technology in a research report on Tuesday, February 10th. Finally, Wall Street Zen downgraded Amkor Technology from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 21st. Four analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $51.13.

Amkor Technology Stock Up 7.1%

The firm has a market cap of $19.35 billion, a P/E ratio of 51.72 and a beta of 1.94. The stock’s 50 day simple moving average is $50.97 and its 200 day simple moving average is $44.31. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.01 and a current ratio of 2.27.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.26. The firm had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.84 billion. Amkor Technology had a net margin of 5.57% and a return on equity of 8.66%. The business’s revenue was up 15.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.43 earnings per share. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. Research analysts anticipate that Amkor Technology, Inc. will post 1.62 EPS for the current year.

Amkor Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 12th were given a $0.0835 dividend. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $0.33 annualized dividend and a yield of 0.4%. Amkor Technology’s dividend payout ratio (DPR) is presently 21.85%.

Insider Buying and Selling at Amkor Technology

In other news, Director Guillaume Marie Jean Rutten sold 20,000 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $48.80, for a total value of $976,000.00. Following the completion of the sale, the director directly owned 543,866 shares of the company’s stock, valued at $26,540,660.80. This represents a 3.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Kevin K. Engel sold 12,500 shares of the firm’s stock in a transaction that occurred 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 transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 42,500 shares of company stock worth $2,105,225. Insiders own 26.40% of the company’s stock.

Institutional Investors Weigh In On Amkor Technology

Several institutional investors have recently bought and sold shares of AMKR. Strs Ohio lifted its stake in Amkor Technology by 8.6% during the 1st quarter. Strs Ohio now owns 2,971 shares of the semiconductor company’s stock valued at $134,000 after acquiring an additional 235 shares in the last quarter. Root Financial Partners LLC grew its stake in shares of Amkor Technology by 45.5% in the 1st quarter. Root Financial Partners LLC now owns 1,363 shares of the semiconductor company’s stock worth $61,000 after acquiring an additional 426 shares in the last quarter. Inspire Investing LLC raised its holdings in shares of Amkor Technology by 7.6% in the first quarter. Inspire Investing LLC now owns 46,928 shares of the semiconductor company’s stock valued at $2,113,000 after purchasing an additional 3,334 shares during the last quarter. Apollon Wealth Management LLC purchased a new stake in shares of Amkor Technology in the first quarter valued at about $315,000. Finally, Pictet Asset Management Holding SA lifted its position in shares of Amkor Technology by 6.6% during the first quarter. Pictet Asset Management Holding SA now owns 20,071 shares of the semiconductor company’s stock valued at $904,000 after purchasing an additional 1,246 shares in the last quarter. 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.