Williams & Novak LLC Lowers Position in Amkor Technology, Inc. $AMKR

Williams & Novak LLC trimmed its stake in Amkor Technology, Inc. (NASDAQ:AMKR) by 4.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,741 shares of the semiconductor company’s stock after selling 500 shares during the quarter. Williams & Novak LLC’s holdings in Amkor Technology were worth $246,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in Amkor Technology by 2.3% during the first quarter. Vanguard Group Inc. now owns 16,025,236 shares of the semiconductor company’s stock valued at $289,416,000 after buying an additional 361,010 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Amkor Technology by 2.8% during the first quarter. Dimensional Fund Advisors LP now owns 13,398,430 shares of the semiconductor company’s stock valued at $241,980,000 after buying an additional 365,975 shares in the last quarter. American Century Companies Inc. lifted its position in Amkor Technology by 8.4% during the first quarter. American Century Companies Inc. now owns 2,937,593 shares of the semiconductor company’s stock valued at $53,053,000 after buying an additional 228,591 shares in the last quarter. SW Investment Management LLC lifted its position in Amkor Technology by 89.3% during the first quarter. SW Investment Management LLC now owns 2,650,000 shares of the semiconductor company’s stock valued at $47,859,000 after buying an additional 1,250,000 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in Amkor Technology by 41.8% during the first quarter. AQR Capital Management LLC now owns 2,572,313 shares of the semiconductor company’s stock valued at $45,967,000 after buying an additional 757,956 shares in the last quarter. 42.76% of the stock is owned by institutional investors and hedge funds.

Amkor Technology Trading Down 7.7%

NASDAQ AMKR opened at $28.26 on Friday. The company’s fifty day simple moving average is $25.97 and its 200-day simple moving average is $21.59. Amkor Technology, Inc. has a 52 week low of $14.03 and a 52 week high of $33.54. The company has a current ratio of 1.89, a quick ratio of 1.70 and a debt-to-equity ratio of 0.28. The stock has a market cap of $6.98 billion, a P/E ratio of 22.98 and a beta of 1.98.

Amkor Technology (NASDAQ:AMKR) last posted its earnings results on Monday, July 28th. The semiconductor company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.06. The business had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Amkor Technology had a net margin of 4.80% and a return on equity of 7.23%. The business’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.27 earnings per share. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. Equities research analysts predict that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Wednesday, September 3rd were paid a $0.0827 dividend. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Wednesday, September 3rd. Amkor Technology’s payout ratio is 26.83%.

Insiders Place Their Bets

In related news, EVP Farshad Haghighi sold 11,792 shares of Amkor Technology stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $25.00, for a total value of $294,800.00. Following the completion of the sale, the executive vice president owned 8,354 shares in the company, valued at approximately $208,850. The trade was a 58.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Sujoda Management, Llc purchased 441,589 shares of the company’s stock in a transaction that occurred on Friday, August 1st. The stock was bought at an average price of $21.85 per share, with a total value of $9,648,719.65. Following the purchase, the insider owned 3,789,479 shares of the company’s stock, valued at approximately $82,800,116.15. The trade was a 13.19% increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 36,792 shares of company stock valued at $948,500. 26.90% of the stock is owned by insiders.

Wall Street Analyst Weigh In

AMKR has been the topic of a number of recent research reports. The Goldman Sachs Group lifted their price target on shares of Amkor Technology from $22.00 to $26.00 and gave the company a “neutral” rating in a research report on Thursday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amkor Technology in a research report on Wednesday. UBS Group lifted their price target on shares of Amkor Technology from $23.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, July 29th. JPMorgan Chase & Co. boosted their target price on shares of Amkor Technology from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 29th. Finally, Morgan Stanley reissued an “equal weight” rating on shares of Amkor Technology in a research report on Tuesday, July 29th. Four research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $27.11.

About Amkor Technology

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.