Wellington Grp LLC Invests $1.82 Million in Amkor Technology, Inc. $AMKR

Wellington Grp LLC acquired a new position in Amkor Technology, Inc. (NASDAQ:AMKR) during the 1st quarter, HoldingsChannel.com reports. The firm acquired 40,517 shares of the semiconductor company’s stock, valued at approximately $1,824,000. Amkor Technology accounts for about 0.6% of Wellington Grp LLC’s investment portfolio, making the stock its 27th biggest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of AMKR. IFP Advisors Inc raised its stake in Amkor Technology by 91.2% in the third quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 447 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in Amkor Technology by 180.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock worth $28,000 after buying an additional 440 shares in the last quarter. Root Financial Partners LLC increased its holdings in shares of Amkor Technology by 38.8% in the 4th quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock worth $37,000 after buying an additional 262 shares during the last quarter. Advisors Asset Management Inc. increased its holdings in shares of Amkor Technology by 61.8% in 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 during the last quarter. Finally, State of Wyoming purchased a new stake in shares of Amkor Technology during the 4th quarter valued at $41,000. 42.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on AMKR shares. The Goldman Sachs Group lifted their price objective on shares of Amkor Technology from $43.00 to $65.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Needham & Company LLC reissued a “buy” rating and issued a $90.00 target price on shares of Amkor Technology in a research note on Tuesday. B. Riley Financial reduced their target price on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a research note on Tuesday. Morgan Stanley raised their price target on Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating in a research report on Tuesday. Finally, Zacks Research raised Amkor Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $68.12.

Insider Buying and Selling

In other Amkor Technology news, Director Douglas A. Alexander sold 5,000 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $76.58, for a total value of $382,900.00. Following the completion of the sale, the director directly owned 29,109 shares of the company’s stock, valued at $2,229,167.22. The trade was a 14.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Gil C. Tily sold 15,000 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $77.30, for a total transaction of $1,159,500.00. Following the sale, the director owned 108,806 shares of the company’s stock, valued at approximately $8,410,703.80. The trade was a 12.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 117,221 shares of company stock worth $8,782,837 over the last 90 days. Insiders own 26.40% of the company’s stock.

Amkor Technology Stock Up 3.3%

Shares of NASDAQ AMKR opened at $49.87 on Friday. The stock has a market capitalization of $12.39 billion, a P/E ratio of 22.36 and a beta of 2.20. Amkor Technology, Inc. has a one year low of $21.57 and a one year high of $96.68. The firm’s 50 day simple moving average is $71.67 and its two-hundred day simple moving average is $60.61. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.17 and a quick ratio of 1.74.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings results on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.47 by $0.23. The firm had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.81 billion. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The business’s revenue was up 25.6% compared to the same quarter last year. During the same period last year, the firm posted $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, analysts expect that Amkor Technology, Inc. will post 2.62 EPS for the current fiscal year.

Amkor Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Wednesday, June 3rd were given a $0.0835 dividend. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Wednesday, June 3rd. Amkor Technology’s dividend payout ratio (DPR) is presently 14.80%.

Amkor Technology 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.