Bull Harbor Capital LLC Buys New Shares in Amkor Technology, Inc. $AMKR

Bull Harbor Capital LLC acquired a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,399 shares of the semiconductor company’s stock, valued at approximately $603,000.

Several other hedge funds also recently modified their holdings of AMKR. AQR Capital Management LLC increased its position in shares of Amkor Technology by 18.4% in the third quarter. AQR Capital Management LLC now owns 4,211,529 shares of the semiconductor company’s stock valued at $119,607,000 after acquiring an additional 653,489 shares during the last quarter. State Street Corp boosted its position in Amkor Technology by 1.4% during the fourth quarter. State Street Corp now owns 3,473,925 shares of the semiconductor company’s stock valued at $137,151,000 after purchasing an additional 47,514 shares during the last quarter. First Trust Advisors LP grew its stake in Amkor Technology by 37.4% in the fourth quarter. First Trust Advisors LP now owns 2,722,310 shares of the semiconductor company’s stock valued at $107,477,000 after purchasing an additional 740,701 shares in the last quarter. Principal Financial Group Inc. grew its stake in Amkor Technology by 19.3% in the first quarter. Principal Financial Group Inc. now owns 2,622,744 shares of the semiconductor company’s stock valued at $118,107,000 after purchasing an additional 423,629 shares in the last quarter. Finally, Fisher Asset Management LLC increased its position in shares of Amkor Technology by 204.5% during the 4th quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock worth $82,712,000 after purchasing an additional 1,407,109 shares during the last quarter. Institutional investors own 42.76% of the company’s stock.

Insider Activity

In other Amkor Technology news, Director Guillaume Marie Jean Rutten sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $74.28, for a total transaction of $3,714,000.00. Following the completion of the sale, the director directly owned 502,558 shares in the company, valued at $37,330,008.24. This trade represents a 9.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Megan Faust sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $70.30, for a total value of $70,300.00. Following the sale, the chief financial officer owned 132,138 shares of the company’s stock, valued at approximately $9,289,301.40. This represents a 0.75% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 114,000 shares of company stock valued at $8,631,450. Company insiders own 26.40% of the company’s stock.

Amkor Technology Trading Up 12.9%

Shares of Amkor Technology stock opened at $48.26 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.17 and a quick ratio of 1.74. The business has a fifty day simple moving average of $71.99 and a two-hundred day simple moving average of $60.68. Amkor Technology, Inc. has a 1 year low of $21.57 and a 1 year high of $96.68. The company has a market capitalization of $11.99 billion, a price-to-earnings ratio of 21.64 and a beta of 2.20.

Amkor Technology (NASDAQ:AMKR) last issued its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.23. The company had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.81 billion. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The company’s revenue was up 25.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Research analysts forecast that Amkor Technology, Inc. will post 2.4 EPS for the current year.

Amkor Technology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Wednesday, June 3rd were issued a $0.0835 dividend. This represents a $0.33 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Wednesday, June 3rd. Amkor Technology’s dividend payout ratio is currently 14.80%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on AMKR shares. Morgan Stanley upped their price objective on Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Tuesday. B. Riley Financial lowered their target price on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a report on Tuesday. Melius Research raised shares of Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a research report on Monday, April 6th. UBS Group upgraded shares of Amkor Technology from a “neutral” rating to a “buy” rating and increased their price target for the company from $80.00 to $90.00 in a research note on Friday, July 24th. Finally, Zacks Research raised shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $68.12.

Amkor Technology Company Profile

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.