Pallas Capital Advisors LLC Invests $1.33 Million in Amkor Technology, Inc. $AMKR

Pallas Capital Advisors LLC bought a new stake in Amkor Technology, Inc. (NASDAQ:AMKR) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 15,398 shares of the semiconductor company’s stock, valued at approximately $1,328,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AMKR. Fisher Asset Management LLC increased its holdings in shares of Amkor Technology by 204.5% during the fourth quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock valued at $82,712,000 after acquiring an additional 1,407,109 shares in the last quarter. UBS Group AG lifted its holdings in shares of Amkor Technology by 205.5% in the 4th quarter. UBS Group AG now owns 1,254,658 shares of the semiconductor company’s stock worth $49,534,000 after purchasing an additional 843,983 shares in the last quarter. Black Swift Group LLC bought a new position in shares of Amkor Technology in the 4th quarter worth $797,000. Jefferies Financial Group Inc. acquired a new stake in Amkor Technology in the 4th quarter valued at $841,000. Finally, Weiss Asset Management LP increased its stake in Amkor Technology by 263.6% during the 1st quarter. Weiss Asset Management LP now owns 300,000 shares of the semiconductor company’s stock valued at $13,509,000 after purchasing an additional 217,484 shares in the last quarter. 42.76% of the stock is owned by institutional investors.

Amkor Technology Price Performance

AMKR opened at $54.84 on Wednesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.17 and a quick ratio of 1.91. The company has a market capitalization of $13.62 billion, a price-to-earnings ratio of 24.59 and a beta of 2.25. The firm’s fifty day moving average price is $67.94 and its two-hundred day moving average price is $61.12. Amkor Technology, Inc. has a 1 year low of $22.74 and a 1 year high of $96.68.

Amkor Technology (NASDAQ:AMKR) last announced its earnings results on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.47 by $0.23. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The company had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the prior year, the company posted $0.22 earnings per share. The firm’s revenue for the quarter was up 25.6% on a year-over-year basis. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, analysts anticipate that Amkor Technology, Inc. will post 2.62 earnings per share for the current fiscal year.

Amkor Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Wednesday, September 2nd will be paid a $0.0835 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $0.33 annualized dividend and a yield of 0.6%. Amkor Technology’s dividend payout ratio (DPR) is 14.80%.

Wall Street Analyst Weigh In

Several research firms have weighed in on AMKR. Needham & Company LLC restated a “buy” rating and set a $90.00 price objective on shares of Amkor Technology in a report on Tuesday, July 28th. UBS Group raised shares of Amkor Technology from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $80.00 to $90.00 in a research report on Friday, July 24th. B. Riley Financial lowered their target price on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a report on Tuesday, July 28th. Morgan Stanley raised their price target on shares of Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 28th. Finally, The Goldman Sachs Group lifted their price target on Amkor Technology from $43.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Amkor Technology presently has a consensus rating of “Moderate Buy” and an average target price of $68.12.

Insider Transactions at Amkor Technology

In related news, EVP Mark N. Rogers sold 5,000 shares of Amkor Technology stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $86.21, for a total transaction of $431,050.00. Following the sale, the executive vice president directly owned 38,904 shares in the company, valued at approximately $3,353,913.84. This trade represents a 11.39% decrease in their ownership of the stock. The sale 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 25,000 shares of the business’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $55.35, for a total value of $1,383,750.00. Following the completion of the transaction, the director directly owned 486,732 shares in the company, valued at approximately $26,940,616.20. This represents a 4.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 45,221 shares of company stock worth $2,760,987. 26.40% of the stock is owned by insiders.

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.