Light Street Capital Management LLC Invests $51.46 Million in Amkor Technology, Inc. $AMKR

Light Street Capital Management LLC acquired a new stake in shares of Amkor Technology, Inc. (NASDAQ:AMKR) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 596,783 shares of the semiconductor company’s stock, valued at approximately $51,461,000. Amkor Technology makes up 5.7% of Light Street Capital Management LLC’s portfolio, making the stock its 6th biggest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BlackRock Inc. acquired a new position in Amkor Technology in the 2nd quarter worth about $1,060,005,000. Royal Bank of Canada boosted its stake in shares of Amkor Technology by 100.6% during the first quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock valued at $349,000 after purchasing an additional 3,454,012 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of Amkor Technology during the second quarter valued at about $152,110,000. Fisher Asset Management LLC grew its holdings in shares of Amkor Technology by 204.5% during the fourth 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 last quarter. Finally, Norges Bank bought a new stake in shares of Amkor Technology during the fourth quarter worth about $53,702,000. Institutional investors own 42.76% of the company’s stock.

Insider Activity at Amkor Technology

In related news, CFO Megan Faust sold 1,000 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $54.45, for a total value of $54,450.00. Following the transaction, the chief financial officer owned 135,105 shares in the company, valued at $7,356,467.25. The trade was a 0.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark N. Rogers sold 5,000 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $59.78, for a total transaction of $298,900.00. Following the sale, the executive vice president directly owned 38,904 shares in the company, valued at $2,325,681.12. This trade represents a 11.39% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 50,221 shares of company stock valued at $3,059,887 over the last 90 days. 26.40% of the stock is owned by company insiders.

Amkor Technology Price Performance

Shares of AMKR opened at $48.40 on Thursday. The business has a 50-day moving average of $64.14 and a 200-day moving average of $61.23. 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 company has a market capitalization of $12.02 billion, a price-to-earnings ratio of 21.70 and a beta of 2.24. 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 earnings results on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.47 by $0.23. The business had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.81 billion. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The firm’s revenue was up 25.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, equities research analysts anticipate that Amkor Technology, Inc. will post 2.62 earnings per share for the current year.

Amkor Technology Dividend Announcement

The company 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 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, September 2nd. Amkor Technology’s dividend payout ratio is currently 14.80%.

Wall Street Analysts Forecast Growth

AMKR has been the subject of a number of research reports. UBS Group upgraded shares of Amkor Technology from a “neutral” rating to a “buy” rating and raised their price objective for the company from $80.00 to $90.00 in a report on Friday, July 24th. Morgan Stanley boosted 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. Zacks Research raised shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. B. Riley Financial decreased their price target 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. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 price target on shares of Amkor Technology in a research note on Tuesday, July 28th. One 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, Amkor Technology currently has a consensus rating of “Moderate Buy” and a consensus price target of $68.12.

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.