Amkor Technology (NASDAQ:AMKR) CEO Kevin Engel Sells 12,500 Shares

Amkor Technology, Inc. (NASDAQ:AMKR) CEO Kevin Engel sold 12,500 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $48.75, for a total value of $609,375.00. Following the transaction, the chief executive officer directly owned 2,953 shares of the company’s stock, valued at approximately $143,958.75. The trade was a 80.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Kevin Engel also recently made the following trade(s):

• On Friday, December 12th, Kevin Engel sold 11,000 shares of Amkor Technology stock. The shares were sold at an average price of $46.21, for a total transaction of $508,310.00.

Amkor Technology Price Performance

NASDAQ AMKR traded down $2.45 on Thursday, hitting $48.49. The company had a trading volume of 4,589,428 shares, compared to its average volume of 5,032,882. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.27 and a quick ratio of 2.01. The company’s fifty day moving average price is $47.41 and its 200-day moving average price is $36.84. The company has a market capitalization of $11.99 billion, a PE ratio of 32.11 and a beta of 2.00. Amkor Technology, Inc. has a 12-month low of $14.03 and a 12-month high of $57.09.

Amkor Technology (NASDAQ:AMKR) last announced its earnings results on Monday, February 9th. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.26. Amkor Technology had a net margin of 5.57% and a return on equity of 8.66%. The business had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same quarter last year, the business earned $0.43 earnings per share. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. As a group, analysts predict that Amkor Technology, Inc. will post 1.47 earnings per share for the current year.

Amkor Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th will be paid a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, March 12th. Amkor Technology’s payout ratio is 21.85%.

Analyst Ratings Changes

AMKR has been the subject of several research reports. UBS Group set a $43.00 price target on Amkor Technology in a research report on Tuesday, February 10th. Zacks Research raised shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. The Goldman Sachs Group increased their target price on shares of Amkor Technology from $38.00 to $43.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. William Blair upgraded shares of Amkor Technology to a “neutral” rating in a research report on Monday, January 12th. Finally, Needham & Company LLC upped their price objective on shares of Amkor Technology from $50.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $49.86.

Institutional Investors Weigh In On Amkor Technology

Hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada boosted its holdings in Amkor Technology by 100.6% in the 1st 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 last quarter. Fisher Asset Management LLC raised its position in shares of Amkor Technology by 204.5% during the 4th quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock valued at $82,712,000 after buying an additional 1,407,109 shares during the period. Norges Bank acquired a new position in Amkor Technology in the fourth quarter valued at approximately $53,702,000. Arrowstreet Capital Limited Partnership lifted its holdings in 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 during the last quarter. Finally, AQR Capital Management LLC grew its position in Amkor Technology by 38.3% in the second quarter. AQR Capital Management LLC now owns 3,558,040 shares of the semiconductor company’s stock worth $74,541,000 after acquiring an additional 985,727 shares during the period. 42.76% of the stock is currently owned by institutional investors and hedge funds.

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.