Amkor Technology (NASDAQ:AMKR) Reaches New 52-Week High – Still a Buy?

Amkor Technology, Inc. (NASDAQ:AMKR) shares hit a new 52-week high on Tuesday . The stock traded as high as $48.41 and last traded at $48.13, with a volume of 7944764 shares trading hands. The stock had previously closed at $42.92.

Analyst Upgrades and Downgrades

AMKR has been the topic of a number of recent research reports. Needham & Company LLC increased their target price on Amkor Technology from $37.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday. DA Davidson lifted their target price on Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. The Goldman Sachs Group upped their price target on shares of Amkor Technology from $26.00 to $29.00 and gave the company a “neutral” rating in a research note on Tuesday, October 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, October 8th. Finally, Zacks Research downgraded shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 25th. Four analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $35.00.

Amkor Technology Price Performance

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 $13.03 billion, a price-to-earnings ratio of 42.18 and a beta of 1.99. The business’s 50 day simple moving average is $38.74 and its 200-day simple moving average is $30.07.

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

Amkor Technology Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Wednesday, December 3rd were paid a $0.0835 dividend. This represents a $0.33 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Wednesday, December 3rd. This is a positive change from Amkor Technology’s previous quarterly dividend of $0.08. Amkor Technology’s dividend payout ratio is 26.40%.

Insider Buying and Selling at Amkor Technology

In related news, EVP Kevin Engel sold 11,000 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $46.21, for a total value of $508,310.00. Following the sale, the executive vice president directly owned 349 shares of the company’s stock, valued at $16,127.29. This trade represents a 96.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Mark N. Rogers sold 20,000 shares of the business’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $31.69, for a total value of $633,800.00. Following the transaction, the executive vice president directly owned 23,862 shares of the company’s stock, valued at approximately $756,186.78. The trade was a 45.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 91,000 shares of company stock worth $3,615,510 over the last quarter. 26.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Amkor Technology

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC bought a new stake in shares of Amkor Technology during the third quarter worth $25,000. Bessemer Group Inc. boosted its holdings in shares of Amkor Technology by 72.1% during the 3rd quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 391 shares in the last quarter. IFP Advisors Inc grew its position in Amkor Technology by 91.2% during the 3rd quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 447 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in Amkor Technology by 1,050.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 1,250 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its position in Amkor Technology by 416.8% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,602 shares of the semiconductor company’s stock valued at $34,000 after purchasing an additional 1,292 shares during the last quarter. Institutional investors own 42.76% of the company’s stock.

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.