Amkor Technology (NASDAQ:AMKR) Shares Gap Up – What’s Next?

Amkor Technology, Inc. (NASDAQ:AMKRGet Free Report)’s stock price gapped up prior to trading 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 changing hands.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on AMKR shares. UBS Group set a $43.00 price target on shares of Amkor Technology in a report on Tuesday, February 10th. Morgan Stanley increased their price target on shares of Amkor Technology from $28.00 to $45.00 and gave the company an “equal weight” rating in a report on Tuesday, February 10th. The Goldman Sachs Group increased their price target on shares of Amkor Technology from $38.00 to $43.00 and gave the company a “neutral” rating in a report on Tuesday, February 10th. Needham & Company LLC raised their price objective on shares of Amkor Technology from $50.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Finally, Zacks Research downgraded shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. Four investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Amkor Technology presently has an average rating of “Hold” and an average price target of $51.13.

Read Our Latest Stock Report on Amkor Technology

Amkor Technology Trading Up 8.2%

The company has a quick ratio of 2.01, a current ratio of 2.27 and a debt-to-equity ratio of 0.28. The firm has a market cap of $19.56 billion, a P/E ratio of 52.37 and a beta of 1.94. The company’s 50 day simple moving average is $50.36 and its 200-day simple moving average is $43.88.

Amkor Technology (NASDAQ:AMKRGet Free Report) last announced its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.26. The business had revenue of $1.89 billion during 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 firm’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.43 earnings per share. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. As a group, research analysts predict that Amkor Technology, Inc. will post 1.62 earnings per share for the current fiscal year.

Amkor Technology Announces Dividend

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

Insider Activity

In other news, CEO Kevin K. Engel sold 12,500 shares of Amkor Technology stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $48.75, for a total transaction of $609,375.00. Following the completion of the sale, the chief executive officer owned 2,953 shares of the company’s stock, valued at approximately $143,958.75. The trade was a 80.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Guillaume Marie Jean Rutten sold 20,000 shares of Amkor Technology 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 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 position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 42,500 shares of company stock valued at $2,105,225. Corporate insiders own 26.40% of the company’s stock.

Institutional Trading of Amkor Technology

Several institutional investors and hedge funds have recently modified their holdings of AMKR. Salomon & Ludwin LLC bought a new stake in shares of Amkor Technology during the third quarter valued at approximately $25,000. Bessemer Group Inc. raised its stake in shares of 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 acquiring an additional 391 shares in the last quarter. IFP Advisors Inc raised its stake in shares of Amkor Technology by 91.2% during the third quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 447 shares in the last quarter. Smartleaf Asset Management LLC raised its stake 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 acquiring an additional 440 shares in the last quarter. Finally, Root Financial Partners LLC raised 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 acquiring an additional 262 shares in the last quarter. Institutional investors own 42.76% of the company’s stock.

About Amkor Technology

(Get Free Report)

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.

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