Amkor Technology, Inc. (NASDAQ:AMKR – Get Free Report) CFO Megan Faust sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $64.60, for a total value of $64,600.00. Following the completion of the transaction, the chief financial officer directly owned 133,138 shares in the company, valued at $8,600,714.80. The trade was a 0.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amkor Technology Stock Down 3.8%
Shares of AMKR opened at $65.90 on Friday. The company has a market capitalization of $16.33 billion, a P/E ratio of 37.66 and a beta of 2.29. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.74. Amkor Technology, Inc. has a one year low of $17.79 and a one year high of $79.23. The business’s 50 day simple moving average is $59.61 and its 200-day simple moving average is $49.25.
Amkor Technology (NASDAQ:AMKR – Get Free Report) last announced its earnings results on Monday, April 27th. The semiconductor company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.23 by $0.10. The business had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.63 billion. Amkor Technology had a return on equity of 9.88% and a net margin of 6.17%.Amkor Technology’s revenue was up 27.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.09 EPS. As a group, sell-side analysts predict that Amkor Technology, Inc. will post 2.08 EPS for the current fiscal year.
Amkor Technology Announces Dividend
Analyst Ratings Changes
Several brokerages have recently commented on AMKR. Zacks Research downgraded Amkor Technology from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 25th. UBS Group set a $43.00 target price on Amkor Technology in a report on Tuesday, February 10th. B. Riley Financial boosted their target price on Amkor Technology from $65.00 to $70.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Needham & Company LLC upped their price objective on Amkor Technology from $65.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amkor Technology in a report on Monday, April 20th. Four analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Amkor Technology has an average rating of “Hold” and a consensus target price of $62.75.
Get Our Latest Analysis on Amkor Technology
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of AMKR. Royal Bank of Canada lifted its holdings in Amkor Technology by 100.6% during the 1st 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 in the last quarter. Advisors Asset Management Inc. lifted its holdings in 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 buying an additional 854 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in 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 buying an additional 6,768 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Amkor Technology by 73.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 524,713 shares of the semiconductor company’s stock worth $9,476,000 after buying an additional 222,107 shares in the last quarter. Finally, Caxton Associates LLP acquired a new position in Amkor Technology during the 1st quarter worth $271,000. Institutional investors and hedge funds own 42.76% of the company’s stock.
Key Stories Impacting Amkor Technology
Here are the key news stories impacting Amkor Technology this week:
- Positive Sentiment: Amkor announced a major expansion of its U.S. advanced packaging footprint by acquiring more land in Arizona, reinforcing growth plans and helping it scale domestic capacity for advanced semiconductor packaging. Amkor Technology Expands U.S. Advanced Packaging Footprint with Additional Land in Arizona
- Positive Sentiment: The company said it is working with AMD on advanced packaging for AMD chips, a sign that Amkor is benefiting from demand tied to AI and high-performance computing. Amkor working with AMD on advanced packaging after acquiring more land in Arizona
- Positive Sentiment: Amkorās Investor Day and Nasdaq Closing Bell appearance may be boosting visibility and investor confidence around its long-term strategy. Amkor Technology to Host 2026 Investor Day and Ring Nasdaq Closing Bell
- Positive Sentiment: The company updated its long-term outlook with FY2028 EPS guidance above Wall Street estimates, which suggests confidence in future earnings growth.
- Neutral Sentiment: Market commentary continues to frame Amkor as a growth story, but some analyst coverage still ranks it only as a hold, limiting near-term upside conviction. Why Amkor Technology (AMKR) is a Top Growth Stock for the Long-Term
- Neutral Sentiment: Recent insider sales by CFO Megan Faust and EVP Mark Rogers were disclosed under pre-arranged 10b5-1 plans, which usually makes them less meaningful as a bearish signal.
- Negative Sentiment: Some coverage noted that Amkor dipped after providing its long-term outlook, suggesting investors may be weighing the guidance against already-strong expectations. Amkor dips after providing long-term outlook
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.
Featured Articles
- Five stocks we like better than Amkor Technology
- Meta Platforms 10% Layoff Raises a Bigger Question About AI Spending
- As Small-Cap Outperformance Continues, These 2 ETFs Provide Exposure
- Silicon Shake-Up: The AI Trade Is Moving Beyond NVIDIA
- The Silver Lining of Last Week’s Hims & Hers Earnings Miss
Receive News & Ratings for Amkor Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amkor Technology and related companies with MarketBeat.com's FREE daily email newsletter.
