Amkor Technology (NASDAQ:AMKR) CFO Megan Faust Sells 1,000 Shares of Company Stock

Amkor Technology, Inc. (NASDAQ:AMKR) CFO Megan Faust sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 13th. The shares were sold at an average price of $46.92, for a total value of $46,920.00. Following the completion of the sale, the chief financial officer owned 133,105 shares in the company, valued at $6,245,286.60. This represents a 0.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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, September 8th, Megan Faust sold 1,000 shares of Amkor Technology stock. The shares were sold at an average price of $49.05, for a total value of $49,050.00.
• 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 value of $54,450.00.

Amkor Technology Stock Performance

Shares of NASDAQ AMKR opened at $44.05 on Friday. The company has a current ratio of 2.17, a quick ratio of 1.91 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $10.94 billion, a P/E ratio of 19.75, a P/E/G ratio of 0.55 and a beta of 2.21. Amkor Technology, Inc. has a 12 month low of $29.50 and a 12 month high of $96.68. The stock has a 50 day moving average of $51.03 and a 200-day moving average of $61.97.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.23. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%. The business had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the prior year, the business earned $0.22 EPS. 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, equities research analysts predict that Amkor Technology, Inc. will post 2.60 EPS for the current year.

Amkor Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Shareholders of record on Wednesday, September 2nd were given a dividend of $0.0835 per share. The ex-dividend date was Wednesday, September 2nd. This represents a $0.33 annualized dividend and a yield of 0.8%. Amkor Technology’s dividend payout ratio (DPR) is 14.80%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on AMKR shares. Zacks Research downgraded Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Morgan Stanley lifted their price target on Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 28th. B. Riley Financial dropped their price target on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating for the company in a report on Tuesday, July 28th. Needham & Company LLC restated a “buy” rating and issued a $90.00 price target on shares of Amkor Technology in a research note on Tuesday, July 28th. Finally, Weiss Ratings upgraded Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $68.33.

Hedge Funds Weigh In On Amkor Technology

A number of hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new position in shares of Amkor Technology during the second quarter worth approximately $1,060,005,000. Jefferies Financial Group Inc. acquired a new stake in shares of Amkor Technology in the second quarter valued at approximately $13,491,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Amkor Technology in the second quarter valued at approximately $3,575,000. The Manufacturers Life Insurance Company bought a new stake in shares of Amkor Technology in the second quarter valued at approximately $8,524,000. Finally, Foster & Motley Inc. bought a new stake in shares of Amkor Technology in the second quarter valued at approximately $1,944,000. 42.76% of the stock is owned by institutional investors.

Amkor Technology Company Profile

Amkor Technology, Inc (NASDAQ:AMKR) is a provider of outsourced semiconductor packaging and testing services. The company works with semiconductor manufacturers, fabless chip designers, foundries and integrated device manufacturers to assemble, package and test integrated circuits before they are incorporated into electronic products.

Its services include advanced packaging, flip-chip and wirebond assembly, wafer-level processing, system-in-package solutions, wafer bumping and semiconductor testing.