52,426 Shares in Amkor Technology, Inc. $AMKR Acquired by Headlands Technologies LLC

Headlands Technologies LLC purchased a new position in Amkor Technology, Inc. (NASDAQ:AMKRFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 52,426 shares of the semiconductor company’s stock, valued at approximately $4,521,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. CoreCap Advisors LLC lifted its position in shares of Amkor Technology by 56.4% during the 2nd quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 158 shares during the last quarter. Clearstead Trust LLC bought a new stake in shares of Amkor Technology during the 2nd quarter worth $43,000. Ceredex Value Advisors LLC acquired a new position in shares of Amkor Technology in the 2nd quarter worth $47,000. Solstein Capital LLC acquired a new position in shares of Amkor Technology in the 2nd quarter worth $52,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Amkor Technology during the second quarter worth $54,000. Institutional investors and hedge funds own 42.76% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on AMKR. Weiss Ratings raised Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Zacks Research upgraded Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 price objective on shares of Amkor Technology in a research note on Tuesday, July 28th. Bank of America assumed coverage on shares of Amkor Technology in a report on Thursday. They issued a “buy” rating and a $70.00 target price for the company. Finally, B. Riley Financial dropped their target price on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 28th. One 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. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $68.33.

Read Our Latest Stock Report on Amkor Technology

Insider Transactions at Amkor Technology

In related news, CEO Kevin K. Engel sold 3,221 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $47.00, for a total transaction of $151,387.00. Following the transaction, the chief executive officer owned 9,666 shares of the company’s stock, valued at approximately $454,302. This trade represents a 24.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Mark N. Rogers sold 5,000 shares of Amkor Technology stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $59.78, for a total transaction of $298,900.00. Following the completion of the sale, the executive vice president owned 38,904 shares of the company’s stock, valued at $2,325,681.12. This trade represents a 11.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 50,221 shares of company stock valued at $3,059,887 in the last ninety days. 26.40% of the stock is currently owned by insiders.

Amkor Technology Price Performance

AMKR opened at $47.88 on Monday. The stock has a market cap of $11.90 billion, a price-to-earnings ratio of 21.47, a PEG ratio of 0.59 and a beta of 2.24. Amkor Technology, Inc. has a 1 year low of $23.36 and a 1 year high of $96.68. 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 stock has a fifty day moving average price of $62.52 and a 200 day moving average price of $61.21.

Amkor Technology (NASDAQ:AMKRGet Free Report) last issued its earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.23. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The company had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period in the prior year, the firm posted $0.22 EPS. The business’s 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. Analysts forecast that Amkor Technology, Inc. will post 2.6 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

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

Amkor Technology Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Amkor Technology (NASDAQ:AMKR)

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