Amkor Technology (NASDAQ:AMKR) CFO Megan Faust Sells 1,000 Shares of Stock

Amkor Technology, Inc. (NASDAQ:AMKR) CFO Megan Faust sold 1,000 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $49.05, for a total transaction of $49,050.00. Following the sale, the chief financial officer directly owned 134,105 shares of the company’s stock, valued at $6,577,850.25. The trade was a 0.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Megan Faust also recently made the following trade(s):

• On Tuesday, August 11th, Megan Faust sold 1,000 shares of Amkor Technology stock. The stock was sold at an average price of $54.45, for a total transaction of $54,450.00.

Amkor Technology Stock Performance

Shares of NASDAQ AMKR opened at $49.53 on Friday. Amkor Technology, Inc. has a 12-month low of $24.86 and a 12-month high of $96.68. The firm has a market capitalization of $12.31 billion, a price-to-earnings ratio of 22.21, a price-to-earnings-growth ratio of 0.63 and a beta of 2.22. The company has a current ratio of 2.17, a quick ratio of 1.91 and a debt-to-equity ratio of 0.50. The firm has a 50 day moving average of $56.29 and a 200 day moving average of $61.13.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.23. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The business had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period last year, the firm earned $0.22 earnings per share. The company’s quarterly revenue was up 25.6% on a year-over-year basis. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, research analysts anticipate that Amkor Technology, Inc. will post 2.6 earnings per share for the current year.

Amkor Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Wednesday, September 2nd will be issued a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, September 2nd. Amkor Technology’s payout ratio is currently 14.80%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on AMKR shares. B. Riley Financial decreased their price objective on Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 28th. Weiss Ratings raised 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 shares of Amkor Technology in a report on Thursday, August 27th. They set a “buy” rating and a $70.00 price target on the stock. Finally, Morgan Stanley upped their price target on shares of Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amkor Technology currently has a consensus rating of “Moderate Buy” and an average target price of $68.33.

Hedge Funds Weigh In On Amkor Technology

A number of hedge funds have recently made changes to their positions in the business. BlackRock Inc. purchased a new stake in shares of Amkor Technology in the second quarter valued at approximately $1,060,005,000. Fisher Asset Management LLC raised its position in 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 valued at $82,712,000 after purchasing an additional 1,407,109 shares in the last quarter. Jefferies Financial Group Inc. purchased a new stake in shares of Amkor Technology in the 2nd quarter worth $13,491,000. Black Swift Group LLC bought a new position in shares of Amkor Technology during the 4th quarter worth $797,000. Finally, Foster & Motley Inc. bought a new position in shares of Amkor Technology during the 2nd quarter worth $1,944,000. Institutional investors own 42.76% of the company’s stock.

Amkor Technology Company Profile

Amkor Technology, Inc (NASDAQ: AMKR) is a provider of outsourced semiconductor packaging and testing services. The company supports semiconductor manufacturers and electronics companies by assembling and testing integrated circuits after wafer fabrication, helping prepare chips for use in electronic devices.

Its services include wafer bumping and probing, semiconductor assembly, advanced packaging, final testing, and related product design and logistics support. Amkor offers packaging technologies for applications including communications, consumer electronics, computing, automotive, industrial, and other markets.