Insider Selling: Amkor Technology (NASDAQ:AMKR) CFO Sells 1,000 Shares

Amkor Technology, Inc. (NASDAQ:AMKR) CFO Megan Faust sold 1,000 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $49.05, for a total transaction of $49,050.00. Following the completion of the sale, the chief financial officer directly owned 134,105 shares of the company’s stock, valued at approximately $6,577,850.25. This trade represents a 0.74% 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 the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Megan Faust also recently made the following trade(s):

• On Tuesday, August 11th, Megan Faust sold 1,000 shares of Amkor Technology stock. The stock was sold at an average price of $54.45, for a total transaction of $54,450.00.

Amkor Technology Stock Down 3.5%

Shares of NASDAQ:AMKR traded down $1.82 during trading hours on Thursday, hitting $49.53. The company’s stock had a trading volume of 3,160,957 shares, compared to its average volume of 4,973,156. The firm’s fifty day moving average price is $56.69 and its 200 day moving average price is $61.12. Amkor Technology, Inc. has a 52 week low of $24.86 and a 52 week high of $96.68. The company has a market capitalization of $12.31 billion, a price-to-earnings ratio of 22.21, a P/E/G ratio of 0.62 and a beta of 2.22. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.17 and a quick ratio of 1.91.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.23. The firm had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.81 billion. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The company’s quarterly revenue was up 25.6% on a year-over-year basis. During the same period last year, the firm earned $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, research analysts expect that Amkor Technology, Inc. will post 2.6 EPS for the current year.

Amkor Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Wednesday, September 2nd will be paid a dividend of $0.0835 per share. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Wednesday, September 2nd. Amkor Technology’s dividend payout ratio is 14.80%.

Institutional Investors Weigh In On Amkor Technology

A number of large investors have recently made changes to their positions in the stock. California State Teachers Retirement System increased its position in shares of Amkor Technology by 8,553.4% in the 2nd quarter. California State Teachers Retirement System now owns 12,389,699 shares of the semiconductor company’s stock valued at $1,068,364,000 after acquiring an additional 12,246,521 shares during the period. BlackRock Inc. purchased a new stake in Amkor Technology during the 2nd quarter valued at about $1,060,005,000. AQR Capital Management LLC grew its stake in Amkor Technology by 18.4% during the 3rd quarter. AQR Capital Management LLC now owns 4,211,529 shares of the semiconductor company’s stock valued at $119,607,000 after purchasing an additional 653,489 shares during the last quarter. State Street Corp raised its stake in shares of Amkor Technology by 1.4% in the fourth quarter. State Street Corp now owns 3,473,925 shares of the semiconductor company’s stock worth $137,151,000 after purchasing an additional 47,514 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in shares of Amkor Technology by 37.4% in the fourth quarter. First Trust Advisors LP now owns 2,722,310 shares of the semiconductor company’s stock worth $107,477,000 after purchasing an additional 740,701 shares during the last quarter. 42.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AMKR has been the subject of several analyst reports. Needham & Company LLC reissued a “buy” rating and set a $90.00 price target on shares of Amkor Technology in a research report on Tuesday, July 28th. Bank of America began coverage on shares of Amkor Technology in a research note on Thursday, August 27th. They issued a “buy” rating and a $70.00 target price for the company. Weiss Ratings upgraded Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. B. Riley Financial dropped their target price on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 28th. Finally, Morgan Stanley upped their target price on Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $68.33.

About Amkor Technology

Amkor Technology, Inc (NASDAQ: AMKR) is a provider of outsourced semiconductor packaging and testing services. The company supports semiconductor manufacturers and electronics companies by assembling and testing integrated circuits after wafer fabrication, helping prepare chips for use in electronic devices.

Its services include wafer bumping and probing, semiconductor assembly, advanced packaging, final testing, and related product design and logistics support. Amkor offers packaging technologies for applications including communications, consumer electronics, computing, automotive, industrial, and other markets.