Jackson Square Capital LLC Sells 38,044 Shares of Amkor Technology, Inc. $AMKR

Jackson Square Capital LLC lowered its stake in Amkor Technology, Inc. (NASDAQ:AMKR) by 79.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,141 shares of the semiconductor company’s stock after selling 38,044 shares during the quarter. Jackson Square Capital LLC’s holdings in Amkor Technology were worth $531,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of AMKR. BlackRock Inc. purchased a new stake in Amkor Technology during the second quarter valued at about $1,060,005,000. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of Amkor Technology in the second quarter worth approximately $152,110,000. Principal Financial Group Inc. increased its position in shares of Amkor Technology by 19.3% in the first quarter. Principal Financial Group Inc. now owns 2,622,744 shares of the semiconductor company’s stock worth $118,107,000 after acquiring an additional 423,629 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Amkor Technology in the second quarter worth approximately $90,656,000. Finally, Bank of Nova Scotia acquired a new stake in shares of Amkor Technology during the second quarter valued at approximately $58,273,000. Institutional investors and hedge funds own 42.76% of the company’s stock.

Insider Activity at Amkor Technology

In other news, CEO Kevin K. Engel sold 3,221 shares of the company’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $47.00, for a total value of $151,387.00. Following the transaction, the chief executive officer directly owned 9,666 shares of the company’s stock, valued at approximately $454,302. This represents a 24.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Mark N. Rogers sold 5,000 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $59.78, for a total value of $298,900.00. Following the sale, the executive vice president owned 38,904 shares of the company’s stock, valued at approximately $2,325,681.12. This represents a 11.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 46,221 shares of company stock worth $2,538,507. 26.40% of the stock is currently owned by company insiders.

Amkor Technology Stock Up 1.2%

Shares of NASDAQ AMKR traded up $0.51 during mid-day trading on Monday, reaching $42.33. The company had a trading volume of 1,660,872 shares, compared to its average volume of 4,785,568. The stock has a fifty day moving average of $50.76 and a two-hundred day moving average of $61.98. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17. The company has a market capitalization of $10.52 billion, a price-to-earnings ratio of 19.03, a PEG ratio of 0.52 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.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings results on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, topping 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 business had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same period last year, the company posted $0.22 earnings per share. The firm’s quarterly revenue was up 25.6% compared to the same quarter last year. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, equities research analysts expect that Amkor Technology, Inc. will post 2.60 EPS for the current year.

Amkor Technology Dividend Announcement

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

Wall Street Analyst Weigh In

AMKR has been the subject of several research analyst reports. Weiss Ratings upgraded shares of Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Zacks Research cut shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. UBS Group upgraded shares of Amkor Technology from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $80.00 to $90.00 in a research report on Friday, July 24th. Needham & Company LLC reissued a “buy” rating and set a $90.00 target price on shares of Amkor Technology in a research note on Tuesday, July 28th. Finally, Morgan Stanley increased their target price on Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating in a report on Tuesday, July 28th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.33.

Amkor Technology Company Profile

Amkor Technology, Inc is a provider of outsourced semiconductor packaging and test services. The company helps semiconductor manufacturers and electronics companies assemble, package and test integrated circuits before they are incorporated into finished electronic products.

Amkor’s services include wafer bumping, wafer-level packaging, flip-chip packaging, system-in-package solutions, fan-out packaging, leadframe and laminate-based packaging, and semiconductor testing. Its products and services support applications including mobile and consumer electronics, communications, automotive, computing, industrial equipment, and memory devices.

Founded in 1968, Amkor has grown into a global semiconductor supply-chain partner with manufacturing and testing operations across regions including Asia, Europe and the United States.