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

Key Points

• CFO Megan Faust sold 1,000 Amkor shares at an average price of $54.45, worth $54,450, under a pre-arranged Rule 10b5-1 plan. She retains 135,105 shares following the transaction.
• Amkor reported quarterly EPS of $0.70, beating estimates of $0.47, while revenue rose 25.6% year over year to $1.90 billion. The company guided for third-quarter EPS of $0.72–$0.82.
• The stock recently traded at $57.75, below its 50-day moving average, while analysts maintain a “Moderate Buy” consensus with an average price target of $68.12. Amkor also declared a quarterly dividend of $0.0835 per share.

Amkor Technology, Inc. (NASDAQ:AMKR - Get Free Report) CFO Megan Faust sold 1,000 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $54.45, for a total value of $54,450.00. Following the transaction, the chief financial officer owned 135,105 shares in the company, valued at $7,356,467.25. This represents a 0.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is available 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, June 9th, Megan Faust sold 1,000 shares of Amkor Technology stock. The shares were sold at an average price of $70.30, for a total value of $70,300.00.
• On Tuesday, May 19th, Megan Faust sold 1,000 shares of Amkor Technology stock. The stock was sold at an average price of $64.60, for a total value of $64,600.00.

Amkor Technology Price Performance

Shares of NASDAQ:AMKR traded up $2.16 during midday trading on Thursday, reaching $57.75. 3,089,219 shares of the company's stock traded hands, compared to its average volume of 5,040,161. The company has a fifty day simple moving average of $68.84 and a two-hundred day simple moving average of $60.90. Amkor Technology, Inc. has a 1 year low of $22.74 and a 1 year high of $96.68. The company has a market cap of $14.35 billion, a P/E ratio of 25.90 and a beta of 2.24. 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 (NASDAQ:AMKR - Get 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. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The company had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the previous year, the firm 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. Equities analysts predict that Amkor Technology, Inc. will post 2.62 EPS for the current fiscal 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 paid a $0.0835 dividend. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $0.33 dividend on an annualized basis and a yield of 0.6%. Amkor Technology's dividend payout ratio (DPR) is currently 14.80%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on AMKR shares. The Goldman Sachs Group boosted their price objective on Amkor Technology from $43.00 to $65.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 28th. Morgan Stanley lifted their price target on Amkor Technology from $69.00 to $70.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 28th. Needham & Company LLC reiterated a "buy" rating and set a $90.00 price target on shares of Amkor Technology in a research report on Tuesday, July 28th. Weiss Ratings raised Amkor Technology from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, July 31st. Finally, B. Riley Financial reduced their price objective on Amkor Technology from $75.00 to $65.00 and set a "neutral" rating for the company in a research note on Tuesday, July 28th. One 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. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $68.12.

Institutional Trading of Amkor Technology

Several large investors have recently bought and sold shares of AMKR. Clal Insurance Enterprises Holdings Ltd acquired a new stake in Amkor Technology in the 2nd quarter valued at about $152,110,000. Solstein Capital LLC acquired a new position in shares of Amkor Technology during the 2nd quarter worth approximately $52,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Amkor Technology during the 2nd quarter worth approximately $35,635,000. Meiji Yasuda Asset Management Co Ltd. purchased a new stake in shares of Amkor Technology in the second quarter valued at approximately $228,000. Finally, DLD Asset Management LP purchased a new stake in shares of Amkor Technology in the second quarter valued at approximately $12,072,000. Hedge funds and other institutional investors own 42.76% of the company's stock.

Amkor Technology Company 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.

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