Royal Bank of Canada Sells 41,309 Shares of Amkor Technology, Inc. $AMKR

Royal Bank of Canada reduced its position in Amkor Technology, Inc. (NASDAQ:AMKR) by 43.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,122 shares of the semiconductor company’s stock after selling 41,309 shares during the period. Royal Bank of Canada’s holdings in Amkor Technology were worth $2,438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of AMKR. Fisher Asset Management LLC lifted its stake in shares of Amkor Technology by 204.5% in the 4th quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock worth $82,712,000 after purchasing an additional 1,407,109 shares during the period. UBS Group AG grew its position in Amkor Technology by 205.5% during the fourth quarter. UBS Group AG now owns 1,254,658 shares of the semiconductor company’s stock valued at $49,534,000 after buying an additional 843,983 shares during the period. Black Swift Group LLC bought a new stake in Amkor Technology during the fourth quarter valued at approximately $797,000. Jefferies Financial Group Inc. purchased a new stake in Amkor Technology during the fourth quarter valued at approximately $841,000. Finally, Weiss Asset Management LP increased its holdings in Amkor Technology by 263.6% during the first quarter. Weiss Asset Management LP now owns 300,000 shares of the semiconductor company’s stock valued at $13,509,000 after buying an additional 217,484 shares during the last quarter. Institutional investors own 42.76% of the company’s stock.

Amkor Technology Price Performance

NASDAQ:AMKR opened at $58.99 on Monday. The business’s 50-day simple moving average is $68.40 and its two-hundred day simple moving average is $61.01. Amkor Technology, Inc. has a 52 week low of $22.74 and a 52 week high of $96.68. The stock has a market cap of $14.66 billion, a PE ratio of 26.45 and a beta of 2.25. The company has a quick ratio of 1.91, a current ratio of 2.17 and a debt-to-equity ratio of 0.50.

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. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The firm had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the prior year, the company posted $0.22 earnings per share. The business’s quarterly revenue was up 25.6% compared to the same quarter last year. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, analysts forecast that Amkor Technology, Inc. will post 2.62 EPS for the current fiscal year.

Amkor Technology Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Wednesday, September 2nd will be paid a $0.0835 dividend. This represents a $0.33 annualized dividend and a yield of 0.6%. The ex-dividend date is Wednesday, September 2nd. Amkor Technology’s dividend payout ratio is presently 14.80%.

Analyst Upgrades and Downgrades

AMKR has been the topic of several analyst reports. Morgan Stanley lifted their price target on shares of Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 28th. The Goldman Sachs Group upped their price objective on Amkor Technology from $43.00 to $65.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 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 report on Friday, July 24th. Needham & Company LLC reiterated a “buy” rating and set a $90.00 target price on shares of Amkor Technology in a research report on Tuesday, July 28th. Finally, B. Riley Financial cut their price target on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a report on Tuesday, July 28th. One 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. According to data from MarketBeat.com, Amkor Technology has an average rating of “Moderate Buy” and a consensus target price of $68.12.

Insiders Place Their Bets

In other Amkor Technology news, CEO Kevin K. Engel sold 3,221 shares of the stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $47.00, for a total transaction of $151,387.00. Following the completion of the sale, the chief executive officer directly owned 9,666 shares of the company’s stock, valued at $454,302. This trade represents a 24.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Guillaume Marie Jean Rutten sold 25,000 shares of Amkor Technology stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $55.35, for a total transaction of $1,383,750.00. Following the sale, the director owned 486,732 shares in the company, valued at approximately $26,940,616.20. The trade was a 4.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 46,221 shares of company stock worth $2,825,587 over the last ninety days. 26.40% of the stock is owned by company insiders.

About Amkor Technology

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.