Amkor Technology, Inc. (NASDAQ:AMKR) Short Interest Down 14.6% in January

Amkor Technology, Inc. (NASDAQ:AMKR) was the target of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 8,306,875 shares, a decrease of 14.6% from the January 15th total of 9,724,705 shares. Currently, 4.6% of the shares of the company are sold short. Based on an average daily volume of 3,496,799 shares, the short-interest ratio is currently 2.4 days. Based on an average daily volume of 3,496,799 shares, the short-interest ratio is currently 2.4 days. Currently, 4.6% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

AMKR has been the topic of a number of recent research reports. Morgan Stanley upped their target price on Amkor Technology from $28.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 10th. UBS Group set a $43.00 price target on Amkor Technology in a report on Tuesday, February 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, January 21st. Wall Street Zen raised shares of Amkor Technology from a “hold” rating to a “buy” rating in a report on Saturday. Finally, DA Davidson upped their price objective on shares of Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, Amkor Technology has a consensus rating of “Hold” and an average target price of $49.86.

Insider Transactions at Amkor Technology

In related news, Director Gil C. Tily sold 20,000 shares of the firm’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $46.44, for a total transaction of $928,800.00. Following the completion of the transaction, the director owned 123,806 shares of the company’s stock, valued at $5,749,550.64. This trade represents a 13.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Maryfrances Mccourt sold 20,000 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $46.02, for a total transaction of $920,400.00. Following the transaction, the director owned 55,918 shares of the company’s stock, valued at $2,573,346.36. This represents a 26.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 66,000 shares of company stock valued at $3,135,310 over the last quarter. Company insiders own 26.90% of the company’s stock.

Institutional Investors Weigh In On Amkor Technology

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada boosted its stake in Amkor Technology by 100.6% during the first quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock worth $349,000 after buying an additional 3,454,012 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Amkor Technology by 61.8% during the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock worth $40,000 after acquiring an additional 854 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Amkor Technology by 913.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,509 shares of the semiconductor company’s stock worth $136,000 after acquiring an additional 6,768 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Amkor Technology by 73.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 524,713 shares of the semiconductor company’s stock valued at $9,476,000 after acquiring an additional 222,107 shares during the last quarter. Finally, Caxton Associates LLP purchased a new stake in shares of Amkor Technology in the first quarter valued at about $271,000. Institutional investors and hedge funds own 42.76% of the company’s stock.

Amkor Technology Stock Down 8.0%

NASDAQ AMKR opened at $47.48 on Tuesday. The business has a fifty day moving average price of $46.80 and a 200 day moving average price of $35.67. 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 company has a market cap of $11.74 billion, a P/E ratio of 31.44 and a beta of 2.00. Amkor Technology has a one year low of $14.03 and a one year high of $57.09.

Amkor Technology (NASDAQ:AMKR) last released its 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 business had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.84 billion. Amkor Technology had a net margin of 5.57% and a return on equity of 8.66%. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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 will post 1.47 EPS for the current fiscal year.

Amkor Technology Company Profile

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.