Amkor Technology (NASDAQ:AMKR) Upgraded at Melius Research

Melius Research upgraded shares of Amkor Technology (NASDAQ:AMKR) from a hold rating to a buy rating in a report issued on Monday, Marketbeat.com reports. They currently have $60.00 price target on the semiconductor company’s stock.

Other analysts have also recently issued reports about the company. JPMorgan Chase & Co. boosted their price objective on Amkor Technology from $32.00 to $65.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. UBS Group set a $43.00 price objective on Amkor Technology in a research report on Tuesday, February 10th. Wall Street Zen cut Amkor Technology from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 21st. Weiss Ratings restated a “hold (c)” rating on shares of Amkor Technology in a research report on Wednesday, January 21st. Finally, Morgan Stanley boosted their price objective on Amkor Technology from $28.00 to $45.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 10th. Four equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, Amkor Technology has a consensus rating of “Hold” and an average target price of $51.13.

Amkor Technology Trading Up 10.1%

Shares of NASDAQ:AMKR opened at $52.42 on Monday. The company has a market capitalization of $12.96 billion, a PE ratio of 34.72 and a beta of 1.94. Amkor Technology has a 12-month low of $14.86 and a 12-month high of $57.09. The business has a 50 day moving average of $47.05 and a two-hundred day moving average of $41.26. The company has a current ratio of 2.27, a quick ratio of 2.01 and a debt-to-equity ratio of 0.28.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.26. The business had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Amkor Technology had a return on equity of 8.66% and a net margin of 5.57%.The business’s revenue was up 15.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.43 earnings per share. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. As a group, analysts forecast that Amkor Technology will post 1.47 EPS for the current year.

Amkor Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 12th were given a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Thursday, March 12th. Amkor Technology’s payout ratio is presently 21.85%.

Insider Buying and Selling

In related news, Director Guillaume Marie Jean Rutten sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $48.80, for a total transaction of $976,000.00. Following the completion of the sale, the director directly owned 543,866 shares in the company, valued at approximately $26,540,660.80. The trade was a 3.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark N. Rogers sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $44.54, for a total value of $222,700.00. Following the sale, the executive vice president owned 38,904 shares of the company’s stock, valued at $1,732,784.16. The trade was a 11.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 52,500 shares of company stock worth $2,585,875. 26.90% of the stock is owned by corporate insiders.

Institutional Trading of Amkor Technology

Large investors have recently added to or reduced their stakes in the stock. Allianz Asset Management GmbH grew its holdings in Amkor Technology by 47.0% in the 3rd quarter. Allianz Asset Management GmbH now owns 519,461 shares of the semiconductor company’s stock valued at $14,753,000 after buying an additional 166,091 shares in the last quarter. Norges Bank purchased a new stake in Amkor Technology in the 2nd quarter valued at $17,221,000. Wealth Enhancement Advisory Services LLC grew its holdings in Amkor Technology by 53.5% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 59,386 shares of the semiconductor company’s stock valued at $1,767,000 after buying an additional 20,710 shares in the last quarter. WINTON GROUP Ltd grew its holdings in Amkor Technology by 70.4% in the 2nd quarter. WINTON GROUP Ltd now owns 97,108 shares of the semiconductor company’s stock valued at $2,038,000 after buying an additional 40,129 shares in the last quarter. Finally, Squarepoint Ops LLC grew its holdings in Amkor Technology by 61.1% in the 2nd quarter. Squarepoint Ops LLC now owns 229,734 shares of the semiconductor company’s stock valued at $4,822,000 after buying an additional 87,138 shares in the last quarter. 42.76% of the stock is currently owned by hedge funds and other institutional investors.

About Amkor Technology

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.