Amkor Technology (NASDAQ:AMKR) EVP Sells $222,700.00 in Stock
by Jessica Moore · The Cerbat GemAmkor Technology, Inc. (NASDAQ:AMKR – Get Free Report) EVP Mark Rogers sold 5,000 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $44.54, for a total value of $222,700.00. Following the sale, the executive vice president directly owned 38,904 shares of the company’s stock, valued at approximately $1,732,784.16. This trade represents a 11.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
Amkor Technology Trading Up 1.1%
Shares of NASDAQ AMKR traded up $0.53 during mid-day trading on Wednesday, hitting $46.87. The stock had a trading volume of 3,520,313 shares, compared to its average volume of 4,674,653. 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, Inc. has a 1 year low of $14.03 and a 1 year high of $57.09. The business has a 50 day moving average price of $48.25 and a two-hundred day moving average price of $38.97. The firm has a market cap of $11.59 billion, a P/E ratio of 31.04 and a beta of 1.94.
Amkor Technology (NASDAQ:AMKR – Get Free Report) last announced 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. The business had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Amkor Technology had a net margin of 5.57% and a return on equity of 8.66%. The firm’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 company posted $0.43 EPS. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. On average, equities analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.
Amkor Technology Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 12th will be issued a dividend of $0.0835 per share. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, March 12th. Amkor Technology’s dividend payout ratio is currently 21.85%.
Analyst Ratings Changes
A number of research analysts recently issued reports on AMKR shares. William Blair upgraded Amkor Technology to a “neutral” rating in a report on Monday, January 12th. UBS Group set a $43.00 price objective on Amkor Technology in a research report on Tuesday, February 10th. The Goldman Sachs Group boosted their target price on Amkor Technology from $38.00 to $43.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Wall Street Zen upgraded Amkor Technology from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Finally, Zacks Research lowered Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. Three investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $49.86.
Get Our Latest Research Report on AMKR
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in AMKR. Smartleaf Asset Management LLC boosted its position in shares of Amkor Technology by 180.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 440 shares in the last quarter. Salomon & Ludwin LLC bought a new position in Amkor Technology in the third quarter worth $25,000. Bessemer Group Inc. lifted its position in Amkor Technology by 72.1% during the third quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 391 shares during the period. Root Financial Partners LLC boosted its holdings in shares of Amkor Technology by 38.8% during the 4th quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock valued at $37,000 after buying an additional 262 shares in the last quarter. Finally, IFP Advisors Inc boosted its holdings in shares of Amkor Technology by 91.2% during the 3rd quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 447 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.