Clal Insurance Enterprises Holdings Ltd Takes Position in Amkor Technology, Inc. $AMKR

Clal Insurance Enterprises Holdings Ltd acquired a new position in Amkor Technology, Inc. (NASDAQ:AMKRFree Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,764,000 shares of the semiconductor company’s stock, valued at approximately $152,110,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Fisher Asset Management LLC raised its position in Amkor Technology by 204.5% in the fourth quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock valued at $82,712,000 after purchasing an additional 1,407,109 shares during the period. BlackRock Inc. purchased a new position in shares of Amkor Technology during the second quarter worth $1,060,005,000. UBS Group AG boosted its position in shares of Amkor Technology by 205.5% during the fourth quarter. UBS Group AG now owns 1,254,658 shares of the semiconductor company’s stock worth $49,534,000 after buying an additional 843,983 shares during the period. Black Swift Group LLC acquired a new stake in shares of Amkor Technology in the fourth quarter valued at $797,000. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of Amkor Technology in the fourth quarter valued at $841,000. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on AMKR. Weiss Ratings raised Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Needham & Company LLC reaffirmed a “buy” rating and issued a $90.00 target price on shares of Amkor Technology in a research report on Tuesday, July 28th. The Goldman Sachs Group boosted their price target on shares of Amkor Technology from $43.00 to $65.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. Morgan Stanley increased 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 report on Tuesday, July 28th. Finally, B. Riley Financial lowered 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 note on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Amkor Technology currently has an average rating of “Moderate Buy” and a consensus target price of $68.12.

Read Our Latest Stock Analysis on AMKR

Insider Buying and Selling at Amkor Technology

In related news, Director Guillaume Marie Jean Rutten sold 25,000 shares of the business’s stock in a transaction 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 completion of the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Kevin K. Engel sold 3,221 shares of the business’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $47.00, for a total transaction of $151,387.00. Following the transaction, the chief executive officer owned 9,666 shares of the company’s stock, valued at approximately $454,302. The trade was a 24.99% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 50,221 shares of company stock valued at $3,059,887. 26.40% of the stock is currently owned by company insiders.

Amkor Technology Price Performance

Shares of NASDAQ AMKR opened at $50.26 on Monday. The stock has a market cap of $12.49 billion, a P/E ratio of 22.54 and a beta of 2.25. The company has a current ratio of 2.17, a quick ratio of 1.91 and a debt-to-equity ratio of 0.50. Amkor Technology, Inc. has a 12-month low of $23.22 and a 12-month high of $96.68. The business’s fifty day simple moving average is $66.41 and its 200-day simple moving average is $61.15.

Amkor Technology (NASDAQ:AMKRGet Free Report) last released its 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. 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 analysts’ expectations of $1.81 billion. During the same period in the previous year, the firm posted $0.22 EPS. Amkor Technology’s revenue for the quarter was up 25.6% on a year-over-year basis. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, equities analysts predict that Amkor Technology, Inc. will post 2.62 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Wednesday, September 2nd will be paid a $0.0835 dividend. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Wednesday, September 2nd. Amkor Technology’s dividend payout ratio (DPR) is presently 14.80%.

Amkor Technology Company Profile

(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.

Further Reading

Want to see what other hedge funds are holding AMKR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amkor Technology, Inc. (NASDAQ:AMKRFree Report).

Institutional Ownership by Quarter for Amkor Technology (NASDAQ:AMKR)

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.