Amkor Technology (NASDAQ:AMKR) Hits New 52-Week High – Here’s Why

Amkor Technology, Inc. (NASDAQ:AMKR) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $54.62 and last traded at $53.7520, with a volume of 60842 shares changing hands. The stock had previously closed at $53.46.

Analyst Upgrades and Downgrades

AMKR has been the topic of a number of research analyst reports. UBS Group downgraded shares of Amkor Technology from a “buy” rating to a “neutral” rating and boosted their price objective for the stock from $38.00 to $55.00 in a report on Monday, January 12th. 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. Needham & Company LLC upped their price target on Amkor Technology from $37.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, January 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday, October 8th. Finally, Wall Street Zen lowered Amkor Technology from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Three equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $39.14.

Amkor Technology Stock Down 2.2%

The stock has a market cap of $12.92 billion, a price-to-earnings ratio of 41.80 and a beta of 1.99. The company has a current ratio of 1.77, a quick ratio of 1.60 and a debt-to-equity ratio of 0.29. The firm’s 50 day moving average is $41.85 and its two-hundred day moving average is $32.09.

Amkor Technology (NASDAQ:AMKR) last released its earnings results on Monday, October 27th. The semiconductor company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.42 by $0.09. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. The firm had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.93 billion. During the same period in the previous year, the company earned $0.49 EPS. Amkor Technology’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. On average, sell-side analysts predict that Amkor Technology, Inc. will post 1.47 EPS for the current year.

Amkor Technology Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Wednesday, December 3rd were given a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a yield of 0.6%. This is a boost from Amkor Technology’s previous quarterly dividend of $0.08. The ex-dividend date was Wednesday, December 3rd. Amkor Technology’s dividend payout ratio (DPR) is currently 26.40%.

Insider Activity at Amkor Technology

In related news, EVP Mark N. Rogers sold 20,000 shares of Amkor Technology stock in a transaction on 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 owned 23,862 shares in the company, valued at approximately $756,186.78. This trade represents a 45.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the business’s stock in a transaction that occurred 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 sale, the chief executive officer owned 346,699 shares of the company’s stock, valued at approximately $10,983,424.32. This represents a 2.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 96,000 shares of company stock valued at $4,085,910 over the last 90 days. 26.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada increased its holdings 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 during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Amkor Technology by 305.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,574,607 shares of the semiconductor company’s stock valued at $44,719,000 after acquiring an additional 1,186,313 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Amkor Technology by 38.3% during the second quarter. AQR Capital Management LLC now owns 3,558,040 shares of the semiconductor company’s stock valued at $74,541,000 after acquiring an additional 985,727 shares during the period. American Century Companies Inc. lifted its position in Amkor Technology by 30.0% in the second quarter. American Century Companies Inc. now owns 3,818,331 shares of the semiconductor company’s stock worth $80,147,000 after purchasing an additional 880,738 shares during the period. Finally, Norges Bank bought a new position in Amkor Technology during the 2nd quarter valued at $17,221,000. Hedge funds and other institutional investors own 42.76% of the company’s stock.

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.