Meeder Advisory Services Inc. Buys New Stake in Amkor Technology, Inc. $AMKR

Meeder Advisory Services Inc. purchased a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 13,708 shares of the semiconductor company’s stock, valued at approximately $1,182,000.

Several other large investors also recently bought and sold shares of the stock. IFP Advisors Inc grew its holdings in shares of Amkor Technology by 91.2% during the third quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 447 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Amkor Technology by 180.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 440 shares during the last quarter. Root Financial Partners LLC lifted its holdings in shares of Amkor Technology by 38.8% in the 4th quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 262 shares during the last quarter. CoreCap Advisors LLC boosted its position in shares of Amkor Technology by 56.4% in the 2nd quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 158 shares during the period. Finally, Advisors Asset Management Inc. boosted its position in shares of Amkor Technology by 61.8% in the 1st 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. Institutional investors and hedge funds own 42.76% of the company’s stock.

Amkor Technology Stock Performance

NASDAQ AMKR opened at $50.89 on Thursday. The firm has a market cap of $12.64 billion, a P/E ratio of 22.82 and a beta of 2.24. Amkor Technology, Inc. has a 52-week low of $22.74 and a 52-week high of $96.68. The business’s 50-day moving average price is $67.57 and its 200 day moving average price is $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 (NASDAQ:AMKR) last posted its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.47 by $0.23. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.The firm had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the business earned $0.22 EPS. The firm’s revenue was up 25.6% compared to the same quarter last year. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, equities research analysts expect that Amkor Technology, Inc. will post 2.62 earnings per share for the current year.

Amkor Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Wednesday, September 2nd will be issued a dividend of $0.0835 per share. The ex-dividend date of this dividend 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 currently 14.80%.

Insider Transactions at Amkor Technology

In related news, Director Guillaume Marie Jean Rutten sold 25,000 shares of the stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $55.35, for a total transaction of $1,383,750.00. Following the completion of the transaction, the director directly owned 486,732 shares of the company’s stock, valued at $26,940,616.20. This represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Mark N. Rogers sold 5,000 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $59.78, for a total value of $298,900.00. Following the transaction, the executive vice president directly owned 38,904 shares of the company’s stock, valued at approximately $2,325,681.12. This trade represents a 11.39% 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. Insiders sold a total of 50,221 shares of company stock worth $3,059,887 over the last quarter. 26.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on AMKR shares. Needham & Company LLC restated a “buy” rating and set a $90.00 price target on shares of Amkor Technology in a research note on Tuesday, July 28th. The Goldman Sachs Group increased their price objective on Amkor Technology from $43.00 to $65.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Zacks Research upgraded shares of Amkor Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. UBS Group raised shares of Amkor Technology from a “neutral” rating to a “buy” rating and lifted their target price for the company from $80.00 to $90.00 in a report on Friday, July 24th. Finally, Weiss Ratings upgraded shares of Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $68.12.

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.