Amkor Technology (NASDAQ:AMKR) Stock Rating Lowered by Wall Street Zen

Amkor Technology (NASDAQ:AMKR) was downgraded by research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Saturday.

Other equities analysts have also issued research reports about the stock. Needham & Company LLC increased their price objective on shares of Amkor Technology from $50.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a research report on Wednesday, January 21st. William Blair raised shares of Amkor Technology to a “neutral” rating in a report on Monday, January 12th. B. Riley Financial lifted their price target on Amkor Technology from $29.00 to $48.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. Finally, Zacks Research cut Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. Three research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $49.86.

Amkor Technology Stock Performance

NASDAQ:AMKR opened at $45.83 on Friday. The company has a market cap of $11.33 billion, a price-to-earnings ratio of 30.35 and a beta of 1.94. Amkor Technology has a 1 year low of $14.03 and a 1 year high of $57.09. The stock’s 50 day simple moving average is $47.95 and its two-hundred day simple moving average is $39.46. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.27 and a quick ratio of 2.01.

Amkor Technology (NASDAQ:AMKR) last posted its earnings results on Monday, February 9th. The semiconductor company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.26. Amkor Technology had a return on equity of 8.66% and a net margin of 5.57%.The firm had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.84 billion. During the same period in the prior year, the company earned $0.43 EPS. The company’s quarterly revenue 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, equities analysts anticipate that Amkor Technology will post 1.47 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Guillaume Marie Jean Rutten sold 20,000 shares of Amkor Technology stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $48.80, for a total transaction of $976,000.00. Following the completion of the sale, the director directly owned 543,866 shares in the company, valued at approximately $26,540,660.80. This trade represents a 3.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Kevin K. Engel sold 12,500 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $48.75, for a total transaction of $609,375.00. Following the sale, the chief executive officer directly owned 2,953 shares of the company’s stock, valued at $143,958.75. This represents a 80.89% 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 52,500 shares of company stock worth $2,585,875 over the last quarter. Company insiders own 26.90% of the company’s stock.

Institutional Investors Weigh In On Amkor Technology

Several large investors have recently added to or reduced their stakes in AMKR. Smartleaf Asset Management LLC raised its stake in shares of Amkor Technology by 180.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 440 shares in the last quarter. Salomon & Ludwin LLC bought a new position in Amkor Technology in the third quarter worth approximately $25,000. Bessemer Group Inc. grew its stake in Amkor Technology by 72.1% in the third quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 391 shares in the last quarter. Root Financial Partners LLC increased its holdings in Amkor Technology by 38.8% during the 4th quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 262 shares during the period. Finally, IFP Advisors Inc increased its holdings 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 purchasing an additional 447 shares during the period. 42.76% of the stock is 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.