Amkor Technology (NASDAQ:AMKR) Shares Gap Up After Analyst Upgrade

Amkor Technology, Inc. (NASDAQ:AMKR)’s stock price gapped up prior to trading on Monday after Melius Research upgraded the stock from a hold rating to a buy rating. The stock had previously closed at $46.70, but opened at $48.31. Melius Research now has a $60.00 price target on the stock. Amkor Technology shares last traded at $47.5470, with a volume of 325,176 shares.

Several other research firms have also issued reports on AMKR. Zacks Research lowered shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th. JPMorgan Chase & Co. increased their price target 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. Needham & Company LLC increased their price target on shares of Amkor Technology from $50.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Morgan Stanley raised their price objective on shares of Amkor Technology from $28.00 to $45.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 10th. Finally, B. Riley Financial raised their price objective on shares of Amkor Technology from $29.00 to $48.00 and gave the stock a “neutral” rating in a report on Thursday, January 15th. Four research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $51.13.

Insider Transactions at Amkor Technology

In other news, Director Guillaume Marie Jean Rutten sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $48.80, 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 trade represents a 3.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Kevin K. Engel sold 12,500 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $48.75, for a total transaction of $609,375.00. Following the sale, the chief executive officer directly owned 2,953 shares of the company’s stock, valued at approximately $143,958.75. The trade was a 80.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 52,500 shares of company stock valued at $2,585,875. Corporate insiders own 26.90% of the company’s stock.

Institutional Trading of Amkor Technology

Hedge funds have recently modified their holdings of the company. O Shaughnessy Asset Management LLC grew its stake in shares of Amkor Technology by 2.1% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 9,799 shares of the semiconductor company’s stock valued at $387,000 after purchasing an additional 202 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in shares of Amkor Technology by 0.6% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 36,221 shares of the semiconductor company’s stock valued at $1,430,000 after purchasing an additional 218 shares during the last quarter. Root Financial Partners LLC grew its stake in shares of Amkor Technology by 38.8% during the fourth quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 262 shares during the last quarter. Signaturefd LLC grew its stake in shares of Amkor Technology by 11.3% during the fourth quarter. Signaturefd LLC now owns 2,644 shares of the semiconductor company’s stock valued at $104,000 after purchasing an additional 269 shares during the last quarter. Finally, Meeder Advisory Services Inc. grew its stake in shares of Amkor Technology by 2.1% during the fourth quarter. Meeder Advisory Services Inc. now owns 14,522 shares of the semiconductor company’s stock valued at $573,000 after purchasing an additional 302 shares during the last quarter. Institutional investors and hedge funds own 42.76% of the company’s stock.

Amkor Technology Price Performance

The company has a debt-to-equity ratio of 0.28, a current ratio of 2.27 and a quick ratio of 2.01. The company’s 50 day moving average price is $47.08 and its 200 day moving average price is $41.05. The firm has a market capitalization of $11.63 billion, a P/E ratio of 31.15 and a beta of 1.94.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings results on Monday, February 9th. The semiconductor company reported $0.69 EPS 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 analysts’ expectations of $1.84 billion. During the same period in the prior year, the firm earned $0.43 earnings per share. Amkor Technology’s revenue was up 15.9% compared to the same quarter last year. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. As a group, sell-side analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.

Amkor Technology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 12th were paid a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, March 12th. Amkor Technology’s dividend payout ratio is 21.85%.

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.