Amkor Technology (NASDAQ:AMKR) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Amkor Technology (NASDAQ:AMKR) from a hold rating to a buy rating in a report issued on Saturday.

Other research analysts have also recently issued research reports about the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, October 8th. DA Davidson raised their price target on Amkor Technology from $30.00 to $40.00 and gave the company a “buy” rating in a report on Tuesday, October 28th. JPMorgan Chase & Co. lifted their price target on Amkor Technology from $27.00 to $32.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 28th. The Goldman Sachs Group increased their price objective on shares of Amkor Technology from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Tuesday, October 28th. Finally, Needham & Company LLC lifted their target price on shares of Amkor Technology from $32.00 to $37.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Four research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $29.63.

Amkor Technology Trading Up 2.8%

NASDAQ:AMKR opened at $40.39 on Friday. The firm has a market capitalization of $9.98 billion, a P/E ratio of 32.31 and a beta of 1.99. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.77 and a quick ratio of 1.60. Amkor Technology has a one year low of $14.03 and a one year high of $47.28. The company’s 50-day simple moving average is $35.82 and its 200 day simple moving average is $27.98.

Amkor Technology (NASDAQ:AMKR) last announced its earnings results on Monday, October 27th. The semiconductor company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.09. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. The business had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter last year, the firm earned $0.49 earnings per share. The business’s revenue for the quarter was up 6.7% on a year-over-year basis. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. As a group, analysts forecast that Amkor Technology will post 1.47 EPS for the current fiscal year.

Amkor Technology Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 3rd will be given a $0.0835 dividend. This is a boost from Amkor Technology’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $0.33 dividend on an annualized basis and a yield of 0.8%. Amkor Technology’s payout ratio is presently 26.40%.

Insider Buying and Selling at Amkor Technology

In other news, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $31.68, for a total transaction of $316,800.00. Following the transaction, the chief executive officer directly owned 346,699 shares of the company’s stock, valued at $10,983,424.32. This represents a 2.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Kevin Engel sold 11,000 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $46.21, for a total value of $508,310.00. Following the completion of the transaction, the executive vice president owned 349 shares in the company, valued at approximately $16,127.29. This trade represents a 96.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 101,000 shares of company stock worth $3,915,510. 26.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Deutsche Bank AG grew its position in shares of Amkor Technology by 11.8% during the 1st quarter. Deutsche Bank AG now owns 21,429 shares of the semiconductor company’s stock valued at $387,000 after acquiring an additional 2,255 shares during the period. Nuveen LLC purchased a new position in Amkor Technology during the first quarter valued at $4,813,000. Raymond James Financial Inc. grew its holdings in Amkor Technology by 20.5% during the first quarter. Raymond James Financial Inc. now owns 265,826 shares of the semiconductor company’s stock valued at $4,801,000 after purchasing an additional 45,255 shares during the period. Northern Trust Corp grew its holdings in Amkor Technology by 6.4% during the first quarter. Northern Trust Corp now owns 952,767 shares of the semiconductor company’s stock valued at $17,207,000 after purchasing an additional 57,354 shares during the period. Finally, AlphaQuest LLC purchased a new stake in Amkor Technology in the first quarter worth about $53,000. 42.76% of the stock is currently owned by institutional investors.

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.