Foster & Motley Inc. Acquires New Position in Amkor Technology, Inc. $AMKR

Foster & Motley Inc. bought a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 22,550 shares of the semiconductor company’s stock, valued at approximately $1,944,000.

Other hedge funds have also bought and sold shares of the company. Meeder Advisory Services Inc. purchased a new position in shares of Amkor Technology in the second quarter worth $1,182,000. Meeder Asset Management Inc. purchased a new stake in shares of Amkor Technology during the second quarter valued at $2,103,000. Citizens Financial Group Inc. RI purchased a new stake in shares of Amkor Technology during the second quarter valued at $420,000. BlackRock Inc. acquired a new position in shares of Amkor Technology in the 2nd quarter valued at $1,060,005,000. Finally, Pallas Capital Advisors LLC acquired a new position in shares of Amkor Technology in the 2nd quarter valued at $1,328,000. Institutional investors and hedge funds own 42.76% of the company’s stock.

Insider Buying and Selling at Amkor Technology

In other news, CEO Kevin K. Engel sold 3,221 shares of Amkor Technology stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $47.00, for a total transaction of $151,387.00. Following the completion of the transaction, the chief executive officer directly owned 9,666 shares of the company’s stock, valued at $454,302. The trade was a 24.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Megan Faust sold 1,000 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $54.45, for a total transaction of $54,450.00. Following the completion of the transaction, the chief financial officer owned 135,105 shares of the company’s stock, valued at approximately $7,356,467.25. This represents a 0.73% decrease in their ownership of the stock. 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 ninety days, insiders have sold 45,221 shares of company stock worth $2,760,987. 26.40% of the stock is currently owned by insiders.

Amkor Technology Stock Performance

Shares of AMKR stock opened at $54.84 on Wednesday. The stock has a market cap of $13.62 billion, a PE ratio of 24.59 and a beta of 2.25. The business has a 50-day simple moving average of $67.94 and a 200-day simple moving average of $61.12. The company has a quick ratio of 1.91, a current ratio of 2.17 and a debt-to-equity ratio of 0.50. Amkor Technology, Inc. has a 52-week low of $22.74 and a 52-week high of $96.68.

Amkor Technology (NASDAQ:AMKR) last posted its 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 firm had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.81 billion. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.Amkor Technology’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same period last year, the company earned $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, equities analysts expect that Amkor Technology, Inc. will post 2.62 EPS for the current year.

Amkor Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Wednesday, September 2nd will be paid a dividend of $0.0835 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.6%. Amkor Technology’s dividend payout ratio (DPR) is presently 14.80%.

Analyst Upgrades and Downgrades

AMKR has been the subject of a number of research reports. Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 price target on shares of Amkor Technology in a research report on Tuesday, July 28th. B. Riley Financial cut their price objective on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a report on Tuesday, July 28th. UBS Group upgraded Amkor Technology from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $80.00 to $90.00 in a research note on Friday, July 24th. The Goldman Sachs Group lifted their target price on Amkor Technology from $43.00 to $65.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Finally, Weiss Ratings upgraded Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $68.12.

Amkor Technology 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.