Mark Rogers Sells 20,000 Shares of Amkor Technology (NASDAQ:AMKR) Stock

Amkor Technology, Inc. (NASDAQ:AMKRGet Free Report) EVP Mark Rogers sold 20,000 shares of the firm’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $31.69, for a total transaction of $633,800.00. Following the sale, the executive vice president owned 23,862 shares of the company’s stock, valued at approximately $756,186.78. This represents a 45.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Amkor Technology Stock Performance

AMKR traded up $0.74 on Wednesday, reaching $31.43. The company had a trading volume of 2,257,378 shares, compared to its average volume of 2,358,153. The company’s fifty day moving average is $30.79 and its 200 day moving average is $24.70. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.70 and a current ratio of 1.77. The stock has a market cap of $7.77 billion, a P/E ratio of 25.14 and a beta of 2.02. Amkor Technology, Inc. has a fifty-two week low of $14.03 and a fifty-two week high of $38.22.

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

Amkor Technology Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 3rd will be given a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a yield of 1.1%. The ex-dividend date is Wednesday, December 3rd. This is a positive change from Amkor Technology’s previous quarterly dividend of $0.08. Amkor Technology’s dividend payout ratio (DPR) is 26.40%.

Hedge Funds Weigh In On Amkor Technology

Several hedge funds and other institutional investors have recently made changes to their positions in AMKR. Salomon & Ludwin LLC acquired a new stake in shares of Amkor Technology during the 3rd quarter worth approximately $25,000. Bessemer Group Inc. boosted its holdings in shares of Amkor Technology by 72.1% in the 3rd quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 391 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Amkor Technology in the 1st quarter valued at $27,000. Hantz Financial Services Inc. increased its stake in shares of Amkor Technology by 1,050.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 1,250 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in shares of Amkor Technology by 416.8% during the 2nd 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. 42.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on AMKR shares. Wall Street Zen raised shares of Amkor Technology from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday, October 8th. Morgan Stanley restated an “equal weight” rating on shares of Amkor Technology in a research report on Tuesday, July 29th. JPMorgan Chase & Co. lifted their price target on shares of Amkor Technology from $27.00 to $32.00 and gave the company an “overweight” rating in a research report on Tuesday, October 28th. Finally, DA Davidson increased their price target on Amkor Technology from $30.00 to $40.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $29.63.

Check Out Our Latest Stock Analysis on Amkor Technology

Amkor Technology Company Profile

(Get 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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