Man Group plc Buys Shares of 304,152 Amkor Technology, Inc. $AMKR

Man Group plc purchased a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 304,152 shares of the semiconductor company’s stock, valued at approximately $26,227,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bessemer Group Inc. grew its stake in shares of 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 in the last quarter. Arista Wealth Management LLC lifted its stake in Amkor Technology by 1.2% during the 2nd quarter. Arista Wealth Management LLC now owns 13,642 shares of the semiconductor company’s stock worth $1,176,000 after acquiring an additional 157 shares in the last quarter. CoreCap Advisors LLC boosted its holdings in Amkor Technology by 56.4% during 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 boosted its holdings in Amkor Technology by 2.1% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 9,799 shares of the semiconductor company’s stock valued at $387,000 after acquiring an additional 202 shares during the period. Finally, Vanguard Personalized Indexing Management LLC grew 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 in the last quarter. 42.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. UBS Group raised shares of Amkor Technology from a “neutral” rating to a “buy” rating and increased their price target for the stock from $80.00 to $90.00 in a research report on Friday, July 24th. B. Riley Financial dropped their price objective on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a report on Tuesday, July 28th. Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 target price on shares of Amkor Technology in a research note on Tuesday, July 28th. Morgan Stanley increased their target price on shares of Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 28th. Finally, Weiss Ratings raised shares of Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Amkor Technology currently has a consensus rating of “Moderate Buy” and a consensus target price of $68.12.

Amkor Technology Price Performance

AMKR stock opened at $48.40 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.17 and a quick ratio of 1.91. The firm has a market capitalization of $12.02 billion, a P/E ratio of 21.70 and a beta of 2.24. The business’s 50-day moving average is $64.14 and its two-hundred day moving average is $61.23. Amkor Technology, Inc. has a 1 year low of $23.36 and a 1 year high of $96.68.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating 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 business had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter last year, the business posted $0.22 EPS. 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. Analysts anticipate that Amkor Technology, Inc. will post 2.62 earnings per share for the current fiscal year.

Amkor Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Wednesday, September 2nd will be paid a $0.0835 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%. Amkor Technology’s payout ratio is currently 14.80%.

Insider Activity at Amkor Technology

In other Amkor Technology news, Director Douglas A. Alexander sold 5,000 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $55.81, for a total value of $279,050.00. Following the sale, the director directly owned 29,109 shares of the company’s stock, valued at approximately $1,624,573.29. This represents a 14.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Winston J. Churchill sold 5,000 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $78.20, for a total transaction of $391,000.00. Following the completion of the sale, the director directly owned 28,781 shares in the company, valued at approximately $2,250,674.20. This represents a 14.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 50,221 shares of company stock worth $3,059,887 over the last ninety days. 26.40% of the stock is currently owned by insiders.

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.