Amkor Technology, Inc. (NASDAQ:AMKR) Receives $29.63 Consensus Target Price from Analysts

Amkor Technology, Inc. (NASDAQ:AMKRGet Free Report) has been assigned an average rating of “Hold” from the ten analysts that are covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $35.00.

A number of equities research analysts have commented on AMKR shares. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Amkor Technology from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Needham & Company LLC upped their target price on shares of Amkor Technology from $37.00 to $50.00 and gave the stock a “buy” rating in a research report on Monday. UBS Group set a $50.00 target price on shares of Amkor Technology in a report on Monday. Finally, DA Davidson boosted their price target on Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a research note on Tuesday, October 28th.

Check Out Our Latest Stock Analysis on Amkor Technology

Insider Buying and Selling

In other news, 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 $16,127.29. This trade represents a 96.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Gil C. Tily sold 20,000 shares of Amkor Technology stock in a transaction on Friday, December 12th. The stock was sold at an average price of $46.44, for a total value of $928,800.00. Following the transaction, the director directly owned 123,806 shares of the company’s stock, valued at $5,749,550.64. This trade represents a 13.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 91,000 shares of company stock valued at $3,615,510 in the last three months. 26.90% of the stock is owned by insiders.

Institutional Trading of Amkor Technology

Several institutional investors and hedge funds have recently modified their holdings of AMKR. Vanguard Group Inc. increased its stake in shares of Amkor Technology by 4.6% during the 3rd quarter. Vanguard Group Inc. now owns 15,779,847 shares of the semiconductor company’s stock worth $448,148,000 after purchasing an additional 687,900 shares in the last quarter. AQR Capital Management LLC increased its position in Amkor Technology by 18.4% during the third quarter. AQR Capital Management LLC now owns 4,211,529 shares of the semiconductor company’s stock worth $119,607,000 after buying an additional 653,489 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Amkor Technology by 0.5% in the third quarter. American Century Companies Inc. now owns 3,835,987 shares of the semiconductor company’s stock worth $108,942,000 after acquiring an additional 17,656 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Amkor Technology by 1.2% in the second quarter. Geode Capital Management LLC now owns 2,255,475 shares of the semiconductor company’s stock valued at $47,349,000 after acquiring an additional 27,432 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of Amkor Technology by 17.6% during the third quarter. First Trust Advisors LP now owns 1,981,609 shares of the semiconductor company’s stock valued at $56,277,000 after acquiring an additional 296,057 shares during the last quarter. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Amkor Technology Trading Up 6.6%

NASDAQ AMKR opened at $51.29 on Friday. The company has a quick ratio of 1.60, a current ratio of 1.77 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $12.68 billion, a P/E ratio of 41.03 and a beta of 1.99. Amkor Technology has a 52-week low of $14.03 and a 52-week high of $53.07. The firm has a 50-day moving average price of $38.34 and a 200 day moving average price of $29.91.

Amkor Technology (NASDAQ:AMKRGet Free Report) last announced its quarterly earnings data 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. The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.93 billion. Amkor Technology had a return on equity of 7.26% and a net margin of 4.77%.The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.49 EPS. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. Equities research analysts expect that Amkor Technology will post 1.47 EPS for the current year.

Amkor Technology Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 3rd were given a dividend of $0.0835 per share. The ex-dividend date was Wednesday, December 3rd. This is a positive change from Amkor Technology’s previous quarterly dividend of $0.08. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%. Amkor Technology’s dividend payout ratio (DPR) is presently 26.40%.

About Amkor Technology

(Get 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.

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Analyst Recommendations for Amkor Technology (NASDAQ:AMKR)

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