Wellington Grp LLC Increases Stock Holdings in Amkor Technology, Inc. $AMKR

Wellington Grp LLC increased its stake in shares of Amkor Technology, Inc. (NASDAQ:AMKRFree Report) by 31.1% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 53,115 shares of the semiconductor company’s stock after acquiring an additional 12,598 shares during the period. Amkor Technology makes up approximately 1.2% of Wellington Grp LLC’s holdings, making the stock its 19th largest holding. Wellington Grp LLC’s holdings in Amkor Technology were worth $4,580,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada raised its stake in shares of Amkor Technology by 100.6% during the first quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock valued at $349,000 after purchasing an additional 3,454,012 shares during the period. Advisors Asset Management Inc. boosted its stake in shares of Amkor Technology by 61.8% in the first quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 854 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Amkor Technology by 913.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,509 shares of the semiconductor company’s stock valued at $136,000 after purchasing an additional 6,768 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Amkor Technology by 73.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 524,713 shares of the semiconductor company’s stock valued at $9,476,000 after purchasing an additional 222,107 shares in the last quarter. Finally, Caxton Associates LLP purchased a new stake in Amkor Technology during the 1st quarter worth $271,000. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Insider Buying and Selling

In related news, CEO Kevin K. Engel sold 3,221 shares of the firm’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $47.00, for a total transaction of $151,387.00. Following the transaction, the chief executive officer directly owned 9,666 shares in the company, valued at $454,302. This trade represents a 24.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Winston J. Churchill sold 5,000 shares of Amkor Technology stock in a transaction on Friday, June 12th. The stock was sold at an average price of $78.20, for a total transaction of $391,000.00. Following the completion of the transaction, the director directly owned 28,781 shares of the company’s stock, valued at approximately $2,250,674.20. This represents a 14.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 50,221 shares of company stock worth $3,059,887. 26.40% of the stock is currently owned by insiders.

Amkor Technology Stock Performance

Shares of Amkor Technology stock opened at $47.77 on Monday. The firm has a market cap of $11.87 billion, a PE ratio of 21.42, a price-to-earnings-growth ratio of 0.59 and a beta of 2.22. The firm’s 50-day simple moving average is $58.67 and its 200-day simple moving average is $61.06. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17. Amkor Technology, Inc. has a 1 year low of $24.18 and a 1 year high of $96.68.

Amkor Technology (NASDAQ:AMKRGet Free Report) last issued its quarterly earnings results on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.47 by $0.23. The business had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.81 billion. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The company’s quarterly revenue was up 25.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Equities analysts forecast that Amkor Technology, Inc. will post 2.6 earnings per share for the current fiscal year.

Amkor Technology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Wednesday, September 2nd will be given a $0.0835 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. Amkor Technology’s dividend payout ratio (DPR) is presently 14.80%.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Weiss Ratings upgraded shares of Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Needham & Company LLC restated a “buy” rating and set a $90.00 target price on shares of Amkor Technology in a research note on Tuesday, July 28th. Bank of America began coverage on Amkor Technology in a research note on Thursday, August 27th. They issued a “buy” rating and a $70.00 price target on the stock. Zacks Research raised Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Finally, Morgan Stanley increased their price target on Amkor Technology from $69.00 to $70.00 and gave the company an “equal weight” rating in a report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $68.33.

View Our Latest Research Report on AMKR

Amkor Technology Company 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.

Featured Stories

Want to see what other hedge funds are holding AMKR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amkor Technology, Inc. (NASDAQ:AMKRFree Report).

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

Receive News & Ratings for Amkor Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amkor Technology and related companies with MarketBeat.com's FREE daily email newsletter.