Amkor Technology (NASDAQ:AMKR) Shares Down 5.5% – Here’s What Happened

Amkor Technology, Inc. (NASDAQ:AMKR) was down 5.5% during trading on Wednesday . The stock traded as low as $49.20 and last traded at $49.0810. Approximately 1,422,418 shares changed hands during trading, a decline of 70% from the average daily volume of 4,792,557 shares. The stock had previously closed at $51.95.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on AMKR shares. UBS Group cut Amkor Technology from a “buy” rating to a “neutral” rating and increased their target price for the stock from $38.00 to $55.00 in a report on Monday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amkor Technology in a research note on Wednesday, October 8th. William Blair raised shares of Amkor Technology to a “neutral” rating in a research report on Monday. Needham & Company LLC raised their price target on shares of Amkor Technology from $37.00 to $50.00 and gave the company a “buy” rating in a research report on Monday, January 5th. Finally, JPMorgan Chase & Co. lifted their price target on Amkor Technology from $27.00 to $32.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. Three equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $35.71.

Amkor Technology Stock Down 7.8%

The stock has a 50-day moving average of $40.13 and a 200 day moving average of $31.00. The company has a market capitalization of $11.84 billion, a PE ratio of 38.30 and a beta of 1.99. The company has a quick ratio of 1.60, a current ratio of 1.77 and a debt-to-equity ratio of 0.29.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings data on Monday, October 27th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.09. Amkor Technology had a return on equity of 7.26% and a net margin of 4.77%.The firm had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter in the prior year, the company earned $0.49 EPS. 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. Sell-side analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current year.

Amkor Technology Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Wednesday, December 3rd were issued a $0.0835 dividend. This is an increase from Amkor Technology’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $0.33 annualized dividend and a yield of 0.7%. Amkor Technology’s payout ratio is 26.40%.

Insider Transactions at Amkor Technology

In other news, EVP Kevin Engel sold 11,000 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $46.21, for a total value of $508,310.00. Following the sale, the executive vice president owned 349 shares of the company’s stock, valued at $16,127.29. The trade was a 96.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Guillaume Marie Jean Rutten sold 10,000 shares of Amkor Technology stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $31.68, for a total transaction of $316,800.00. Following the completion of the transaction, the chief executive officer owned 346,699 shares of the company’s stock, valued at $10,983,424.32. This represents a 2.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 81,000 shares of company stock valued at $3,308,110. 26.90% of the stock is currently owned by insiders.

Institutional Trading of Amkor Technology

Institutional investors and hedge funds have recently bought and sold shares of the company. USA Financial Formulas purchased a new stake in shares of Amkor Technology in the fourth quarter worth $179,000. Exchange Traded Concepts LLC bought a new position in Amkor Technology in the 4th quarter worth about $3,305,000. Norden Group LLC purchased a new stake in shares of Amkor Technology in the 4th quarter valued at about $213,000. SG Americas Securities LLC boosted its position in shares of Amkor Technology by 4,585.1% during the 4th quarter. SG Americas Securities LLC now owns 700,049 shares of the semiconductor company’s stock valued at $27,638,000 after acquiring an additional 685,107 shares during the last quarter. Finally, Diversified Trust Co. grew its holdings in shares of Amkor Technology by 58.4% during the fourth quarter. Diversified Trust Co. now owns 18,556 shares of the semiconductor company’s stock worth $733,000 after purchasing an additional 6,838 shares in the last quarter. 42.76% of the stock is currently owned by hedge funds and other 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.