K2 Principal Fund L.P. Makes New $355,000 Investment in Amkor Technology, Inc. $AMKR

K2 Principal Fund L.P. purchased a new stake in Amkor Technology, Inc. (NASDAQ:AMKR) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 9,000 shares of the semiconductor company’s stock, valued at approximately $355,000.

Several other large investors have also modified their holdings of the business. Royal Bank of Canada lifted its stake in Amkor Technology by 100.6% during the 1st quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock worth $349,000 after acquiring an additional 3,454,012 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in Amkor Technology by 61.8% during the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock worth $40,000 after acquiring an additional 854 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Amkor Technology by 913.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,509 shares of the semiconductor company’s stock worth $136,000 after acquiring an additional 6,768 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Amkor Technology by 73.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 524,713 shares of the semiconductor company’s stock worth $9,476,000 after acquiring an additional 222,107 shares in the last quarter. Finally, Caxton Associates LLP acquired a new position in Amkor Technology during the 1st quarter worth about $271,000. Institutional investors and hedge funds own 42.76% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Mark N. Rogers sold 5,000 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $71.63, for a total value of $358,150.00. Following the transaction, the executive vice president owned 38,904 shares in the company, valued at approximately $2,786,693.52. This represents a 11.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Guillaume Marie Jean Rutten sold 50,000 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $74.28, for a total value of $3,714,000.00. Following the completion of the transaction, the director owned 502,558 shares in the company, valued at approximately $37,330,008.24. The trade was a 9.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 114,000 shares of company stock worth $8,329,250. 26.40% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a research note on Monday, April 20th. B. Riley Financial increased their target price on Amkor Technology from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. The Goldman Sachs Group increased their target price on Amkor Technology from $43.00 to $65.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 28th. Needham & Company LLC increased their target price on Amkor Technology from $65.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Finally, Morgan Stanley upped their price target on Amkor Technology from $45.00 to $69.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 28th. Four equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Amkor Technology presently has a consensus rating of “Hold” and an average target price of $67.38.

Amkor Technology Price Performance

Shares of NASDAQ AMKR opened at $82.78 on Friday. The stock’s 50-day moving average is $67.96 and its two-hundred day moving average is $53.41. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.74. Amkor Technology, Inc. has a 1-year low of $19.79 and a 1-year high of $83.30. The company has a market cap of $20.52 billion, a price-to-earnings ratio of 47.30 and a beta of 2.25.

Amkor Technology (NASDAQ:AMKR) last issued its quarterly earnings results on Monday, April 27th. The semiconductor company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.10. Amkor Technology had a return on equity of 9.88% and a net margin of 6.17%.The company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the prior year, the business earned $0.09 EPS. Amkor Technology’s revenue was up 27.5% on a year-over-year basis. Analysts forecast that Amkor Technology, Inc. will post 2.08 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Wednesday, June 3rd will be issued a dividend of $0.0835 per share. The ex-dividend date is Wednesday, June 3rd. This represents a $0.33 annualized dividend and a yield of 0.4%. Amkor Technology’s dividend payout ratio is 18.86%.

Key Amkor Technology News

Here are the key news stories impacting Amkor Technology this week:

• Positive Sentiment: Investor optimism is rising around Amkor’s advanced packaging strategy, with recent coverage highlighting renewed focus on its long-term growth targets, AI-related packaging demand, and the company’s role in the semiconductor supply chain. Amkor Technology rallies as investors refocus on advanced packaging growth targets
• Positive Sentiment: Analysts and market commentary suggest Amkor could still have upside after its big run, driven by ongoing AI/compute packaging demand and the company’s improving execution on advanced solutions. Amkor Technology (AMKR) Stock After 277% One-Year Surge Is There Still Upside
• Positive Sentiment: Amkor’s HDFO platform is being watched as a potential growth driver for compute packaging, which could benefit the stock if adoption continues and AI demand stays strong. Can HDFO Adoption Strengthen Amkor’s Compute Growth Opportunity?
• Neutral Sentiment: Unusually large call-option activity suggests traders are positioning for more upside, but this is more a sentiment indicator than a fundamental catalyst.
• Negative Sentiment: Recent insider selling by CFO Megan Faust is a modest caution signal, though the sale was small and part of a pre-arranged 10b5-1 trading plan.

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.