Magnetar Financial LLC Makes New $197,000 Investment in Amkor Technology, Inc. $AMKR

Key Points

• Magnetar Financial LLC has acquired 10,922 shares in Amkor Technology, Inc., valued at approximately $197,000, in the first quarter of the year.
• Hedge funds and institutional investors now own 42.76% of Amkor Technology's stock, with significant increases in holdings by firms like SW Investment Management LLC and Invesco Ltd.
• Amkor Technology plans to pay a quarterly dividend of $0.0827 per share on September 23rd, resulting in an annualized dividend yield of 1.4%.

Magnetar Financial LLC bought a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 10,922 shares of the semiconductor company's stock, valued at approximately $197,000.

Other hedge funds have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd acquired a new position in Amkor Technology during the first quarter worth about $27,000. UMB Bank n.a. grew its holdings in Amkor Technology by 677.0% during the first quarter. UMB Bank n.a. now owns 1,756 shares of the semiconductor company's stock worth $32,000 after acquiring an additional 1,530 shares during the period. Allworth Financial LP grew its holdings in Amkor Technology by 166.3% during the first quarter. Allworth Financial LP now owns 2,173 shares of the semiconductor company's stock worth $38,000 after acquiring an additional 1,357 shares during the period. AlphaQuest LLC acquired a new position in shares of Amkor Technology in the 1st quarter valued at $53,000. Finally, Versant Capital Management Inc boosted its position in shares of Amkor Technology by 467.7% in the 1st quarter. Versant Capital Management Inc now owns 3,009 shares of the semiconductor company's stock valued at $54,000 after purchasing an additional 2,479 shares during the period. 42.76% of the stock is owned by institutional investors and hedge funds.

Amkor Technology Stock Up 1.4%

NASDAQ AMKR traded up $0.35 during trading on Friday, reaching $24.64. 2,364,350 shares of the company's stock were exchanged, compared to its average volume of 1,664,032. Amkor Technology, Inc. has a fifty-two week low of $14.03 and a fifty-two week high of $32.47. The firm has a market capitalization of $6.09 billion, a PE ratio of 20.03 and a beta of 1.96. The company has a current ratio of 1.89, a quick ratio of 1.70 and a debt-to-equity ratio of 0.28. The company's fifty day simple moving average is $22.83 and its 200-day simple moving average is $20.25.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last announced its quarterly earnings results on Monday, July 28th. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.06. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.42 billion. Amkor Technology had a return on equity of 7.23% and a net margin of 4.80%.The firm's revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.27 EPS. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. Sell-side analysts predict that Amkor Technology, Inc. will post 1.47 EPS for the current year.

Amkor Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Wednesday, September 3rd will be paid a $0.0827 dividend. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Wednesday, September 3rd. Amkor Technology's dividend payout ratio (DPR) is presently 26.83%.

Insider Activity at Amkor Technology

In related news, major shareholder John T. Kim acquired 441,589 shares of the business's stock in a transaction that occurred on Friday, August 1st. The shares were acquired at an average cost of $21.85 per share, with a total value of $9,648,719.65. Following the purchase, the insider owned 3,789,479 shares of the company's stock, valued at approximately $82,800,116.15. The trade was a 13.19% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Mark N. Rogers sold 15,000 shares of the firm's stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $23.58, for a total value of $353,700.00. Following the completion of the transaction, the executive vice president directly owned 23,862 shares in the company, valued at $562,665.96. The trade was a 38.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. 26.90% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently weighed in on AMKR shares. Morgan Stanley reiterated an "equal weight" rating on shares of Amkor Technology in a research report on Tuesday, July 29th. Needham & Company LLC increased their price target on Amkor Technology from $22.00 to $28.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. JPMorgan Chase & Co. increased their price target on Amkor Technology from $25.00 to $27.00 and gave the company an "overweight" rating in a research report on Tuesday, July 29th. B. Riley increased their price target on Amkor Technology from $18.00 to $24.00 and gave the company a "neutral" rating in a research report on Tuesday, July 29th. Finally, The Goldman Sachs Group started coverage on Amkor Technology in a research report on Thursday, July 10th. They issued a "neutral" rating and a $20.00 price target for the company. Four investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $26.44.

Amkor Technology Profile

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.