Amkor Technology (NASDAQ:AMKR) Director Sells $920,400.00 in Stock

by · The Cerbat Gem

Amkor Technology, Inc. (NASDAQ:AMKR – Get Free Report) Director Maryfrances Mccourt sold 20,000 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $46.02, for a total value of $920,400.00. Following the completion of the sale, the director owned 55,918 shares of the company’s stock, valued at approximately $2,573,346.36. This trade represents a 26.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Amkor Technology Stock Down 8.3%

Shares of NASDAQ:AMKR traded down $3.63 during mid-day trading on Tuesday, hitting $40.28. 5,377,714 shares of the company traded hands, compared to its average volume of 2,467,854. The firm’s 50 day simple moving average is $35.03 and its 200 day simple moving average is $27.45. The firm has a market cap of $9.96 billion, a P/E ratio of 32.22 and a beta of 1.99. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.60 and a current ratio of 1.77. Amkor Technology, Inc. has a 52-week low of $14.03 and a 52-week high of $47.28.

Amkor Technology (NASDAQ:AMKR – Get Free Report) last issued its quarterly earnings data on Monday, October 27th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.09. The company had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.93 billion. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. Amkor Technology’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter last year, the company earned $0.49 earnings per share. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. On average, equities analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current year.

Amkor Technology Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 3rd will be issued a $0.0835 dividend. The ex-dividend date is Wednesday, December 3rd. This represents a $0.33 dividend on an annualized basis and a yield of 0.8%. This is an increase from Amkor Technology’s previous quarterly dividend of $0.08. Amkor Technology’s dividend payout ratio (DPR) is presently 26.40%.

Institutional Trading of Amkor Technology

Institutional investors have recently added to or reduced their stakes in the business. FNY Investment Advisers LLC raised its holdings in shares of Amkor Technology by 83.5% during the third quarter. FNY Investment Advisers LLC now owns 1,472 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 670 shares during the period. Allworth Financial LP boosted its holdings in shares of Amkor Technology by 51.7% in the 3rd quarter. Allworth Financial LP now owns 4,005 shares of the semiconductor company’s stock valued at $114,000 after buying an additional 1,365 shares during the period. IFP Advisors Inc grew its position 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 during the last quarter. Caerus Investment Advisors LLC acquired a new stake in Amkor Technology during the third quarter worth about $202,000. Finally, Faithward Advisors LLC raised its stake in Amkor Technology by 1.8% during the third quarter. Faithward Advisors LLC now owns 128,463 shares of the semiconductor company’s stock worth $3,648,000 after acquiring an additional 2,326 shares during the period. Institutional investors own 42.76% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on AMKR. DA Davidson lifted their price objective on Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Needham & Company LLC lifted their price target on shares of Amkor Technology from $32.00 to $37.00 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Zacks Research cut shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 25th. Weiss Ratings reiterated a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, October 8th. Finally, Wall Street Zen downgraded shares of Amkor Technology from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. Four investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $29.63.

Check Out Our Latest Stock Analysis on Amkor Technology

About Amkor Technology

(Get Free Report)

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.

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