57,959 Shares in Amkor Technology, Inc. $AMKR Purchased by Katamaran Capital LLP

Katamaran Capital LLP acquired a new position in Amkor Technology, Inc. (NASDAQ:AMKR) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 57,959 shares of the semiconductor company’s stock, valued at approximately $2,288,000. Amkor Technology accounts for approximately 1.7% of Katamaran Capital LLP’s portfolio, making the stock its 26th largest holding.

A number of other large investors have also modified their holdings of AMKR. Royal Bank of Canada increased its holdings in shares of Amkor Technology by 100.6% in 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 during the period. Advisors Asset Management Inc. increased its holdings in shares of Amkor Technology by 61.8% in 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 during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Amkor Technology by 913.4% in 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 during the period. Goldman Sachs Group Inc. increased its holdings in shares of Amkor Technology by 73.4% in 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 during the period. Finally, Caxton Associates LLP acquired a new stake in shares of Amkor Technology in the 1st quarter worth about $271,000. Institutional investors and hedge funds own 42.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Wall Street Zen cut shares of Amkor Technology from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amkor Technology in a report on Monday, April 20th. UBS Group set a $43.00 price objective on shares of Amkor Technology in a report on Tuesday, February 10th. Zacks Research cut shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. Finally, Needham & Company LLC raised their target price on shares of Amkor Technology from $65.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Four research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $62.75.

Amkor Technology Price Performance

Amkor Technology stock opened at $76.61 on Monday. The stock has a market cap of $18.99 billion, a price-to-earnings ratio of 43.78 and a beta of 2.29. The company has a current ratio of 2.01, a quick ratio of 1.74 and a debt-to-equity ratio of 0.28. The company’s 50-day moving average price is $54.59 and its two-hundred day moving average price is $46.52. Amkor Technology, Inc. has a 52 week low of $17.79 and a 52 week high of $79.23.

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

Amkor Technology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th were paid a dividend of $0.0835 per share. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $0.33 annualized dividend and a yield of 0.4%. Amkor Technology’s dividend payout ratio (DPR) is presently 18.86%.

Insider Buying and Selling

In other news, Director Guillaume Marie Jean Rutten sold 20,000 shares of Amkor Technology stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $48.80, for a total value of $976,000.00. Following the transaction, the director owned 543,866 shares of the company’s stock, valued at $26,540,660.80. The trade was a 3.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Kevin K. Engel sold 12,500 shares of Amkor Technology stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $48.75, for a total transaction of $609,375.00. Following the completion of the transaction, the chief executive officer directly owned 2,953 shares in the company, valued at $143,958.75. This represents a 80.89% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 74,500 shares of company stock worth $4,548,075. 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.