Oppenheimer Asset Management Inc. Has $1.44 Million Holdings in Amkor Technology, Inc. $AMKR

Oppenheimer Asset Management Inc. boosted its holdings in Amkor Technology, Inc. (NASDAQ:AMKRFree Report) by 80.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 68,678 shares of the semiconductor company’s stock after acquiring an additional 30,708 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Amkor Technology were worth $1,442,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Amkor Technology in the first quarter worth approximately $27,000. MassMutual Private Wealth & Trust FSB grew its holdings in Amkor Technology by 416.8% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,602 shares of the semiconductor company’s stock worth $34,000 after buying an additional 1,292 shares in the last quarter. Allworth Financial LP raised its position in Amkor Technology by 166.3% in the 1st quarter. Allworth Financial LP now owns 2,173 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 1,357 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in Amkor Technology by 61.8% during the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 854 shares in the last quarter. Finally, AlphaQuest LLC purchased a new position in Amkor Technology during the 1st quarter worth $53,000. 42.76% of the stock is owned by institutional investors.

Insider Buying and Selling at Amkor Technology

In other news, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $30.74, for a total transaction of $307,400.00. Following the completion of the transaction, the chief executive officer owned 356,699 shares in the company, valued at approximately $10,964,927.26. This represents a 2.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Farshad Haghighi sold 11,792 shares of the business’s stock in a transaction dated 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 $208,850. This represents a 58.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 31,792 shares of company stock valued at $902,200 in the last quarter. 26.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently commented on AMKR shares. JPMorgan Chase & Co. increased their target price on shares of Amkor Technology from $27.00 to $32.00 and gave the company an “overweight” rating in a report on Tuesday. The Goldman Sachs Group upped their price objective on shares of Amkor Technology from $26.00 to $29.00 and gave the stock a “neutral” rating in a research report on Tuesday. B. Riley lifted their target price on shares of Amkor Technology from $18.00 to $24.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 29th. Wall Street Zen upgraded Amkor Technology from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amkor Technology in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $29.63.

Get Our Latest Research Report on Amkor Technology

Amkor Technology Stock Down 2.4%

AMKR opened at $31.92 on Friday. Amkor Technology, Inc. has a twelve month low of $14.03 and a twelve month high of $33.82. The company’s 50-day moving average price is $28.30 and its two-hundred day moving average price is $23.05. The stock has a market cap of $7.89 billion, a price-to-earnings ratio of 25.54 and a beta of 1.98. The company has a quick ratio of 1.70, a current ratio of 1.77 and a debt-to-equity ratio of 0.29.

Amkor Technology (NASDAQ:AMKRGet Free Report) last issued its quarterly earnings results on Monday, October 27th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.09. Amkor Technology had a net margin of 4.77% and a return on equity of 7.26%. The company had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.93 billion. During the same quarter last year, the business posted $0.49 EPS. Amkor Technology’s quarterly revenue was up 6.7% compared to the same quarter last year. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. As a group, equities analysts expect that Amkor Technology, Inc. will post 1.47 earnings per share for the current year.

Amkor Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Wednesday, September 3rd were given a dividend of $0.0827 per share. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Wednesday, September 3rd. Amkor Technology’s dividend payout ratio is currently 26.40%.

Amkor Technology Profile

(Free Report)

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.

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

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