Kevin Engel Sells 3,221 Shares of Amkor Technology (NASDAQ:AMKR) Stock

Amkor Technology, Inc. (NASDAQ:AMKR) CEO Kevin Engel sold 3,221 shares of the business’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $47.00, for a total value of $151,387.00. Following the sale, the chief executive officer owned 9,666 shares in the company, valued at approximately $454,302. The trade was a 24.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Amkor Technology Price Performance

Shares of NASDAQ:AMKR opened at $49.87 on Friday. The company’s 50 day moving average is $71.67 and its 200 day moving average is $60.61. The company has a market cap of $12.39 billion, a PE ratio of 22.36 and a beta of 2.20. The company has a current ratio of 2.17, a quick ratio of 1.74 and a debt-to-equity ratio of 0.50. Amkor Technology, Inc. has a twelve month low of $21.57 and a twelve month high of $96.68.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.23. The firm had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.81 billion. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The business’s quarterly revenue was up 25.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, sell-side analysts forecast that Amkor Technology, Inc. will post 2.62 EPS for the current year.

Amkor Technology Announces Dividend

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

Institutional Investors Weigh In On Amkor Technology

Large investors have recently modified their holdings of the company. Bessemer Group Inc. increased its holdings in Amkor Technology by 12.5% in the first quarter. Bessemer Group Inc. now owns 1,216 shares of the semiconductor company’s stock valued at $55,000 after buying an additional 135 shares during the last quarter. Arista Wealth Management LLC increased its position in Amkor Technology by 1.2% during the second quarter. Arista Wealth Management LLC now owns 13,642 shares of the semiconductor company’s stock worth $1,176,000 after buying an additional 157 shares during the period. CoreCap Advisors LLC increased its holdings in shares of Amkor Technology by 56.4% in the 2nd quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 158 shares during the period. O Shaughnessy Asset Management LLC increased its stake in Amkor Technology by 2.1% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 9,799 shares of the semiconductor company’s stock valued at $387,000 after purchasing an additional 202 shares during the period. Finally, Vanguard Personalized Indexing Management LLC increased its position in Amkor Technology by 0.6% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 36,221 shares of the semiconductor company’s stock valued at $1,430,000 after acquiring an additional 218 shares during the period. 42.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on AMKR shares. Needham & Company LLC reissued a “buy” rating and issued a $90.00 price objective on shares of Amkor Technology in a report on Tuesday, July 28th. The Goldman Sachs Group upped their price target on Amkor Technology from $43.00 to $65.00 and gave the company a “neutral” rating in a research report on Tuesday, April 28th. B. Riley Financial cut their price objective on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a research report on Tuesday, July 28th. UBS Group raised Amkor Technology from a “neutral” rating to a “buy” rating and raised their target price for the stock from $80.00 to $90.00 in a research note on Friday, July 24th. Finally, Melius Research raised shares of Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a research note on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $68.12.

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.