29,566 Shares in Amkor Technology, Inc. $AMKR Bought by Dynamic Technology Lab Private Ltd

Key Points

• Dynamic Technology Lab Private Ltd acquired 29,566 shares of Amkor Technology, valued at approximately $534,000, reflecting a strong interest from institutional investors.
• Amkor Technology's stock has received upgrades from multiple analysts, with a new price target of $28.00 from Needham & Company, indicating positive market sentiment for the semiconductor firm.
• Amkor recently declared a quarterly dividend of $0.0827, representing an annualized yield of 1.3%, demonstrating the company's commitment to returning value to shareholders.

Dynamic Technology Lab Private Ltd acquired a new stake in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 29,566 shares of the semiconductor company's stock, valued at approximately $534,000.

Several other institutional investors have also recently made changes to their positions in AMKR. Mercer Global Advisors Inc. ADV bought a new position in shares of Amkor Technology in the fourth quarter valued at approximately $245,000. Deutsche Bank AG boosted its position in Amkor Technology by 43.5% in the fourth quarter. Deutsche Bank AG now owns 19,174 shares of the semiconductor company's stock worth $493,000 after purchasing an additional 5,816 shares during the last quarter. Lazard Asset Management LLC grew its stake in Amkor Technology by 60.9% in the 4th quarter. Lazard Asset Management LLC now owns 75,787 shares of the semiconductor company's stock valued at $1,945,000 after purchasing an additional 28,698 shares during the period. Millennium Management LLC grew its stake in Amkor Technology by 752.1% in the 4th quarter. Millennium Management LLC now owns 61,190 shares of the semiconductor company's stock valued at $1,572,000 after purchasing an additional 54,009 shares during the period. Finally, Nomura Holdings Inc. purchased a new stake in shares of Amkor Technology during the 4th quarter valued at $387,000. Institutional investors own 42.76% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on AMKR. Needham & Company LLC boosted their price target on shares of Amkor Technology from $22.00 to $28.00 and gave the stock a "buy" rating in a report on Tuesday, July 29th. UBS Group boosted their target price on shares of Amkor Technology from $23.00 to $25.00 and gave the company a "buy" rating in a research note on Tuesday, July 29th. The Goldman Sachs Group initiated coverage on shares of Amkor Technology in a research report on Thursday, July 10th. They set a "neutral" rating and a $20.00 target price for the company. Morgan Stanley reaffirmed an "equal weight" rating on shares of Amkor Technology in a report on Tuesday, July 29th. Finally, Wall Street Zen raised Amkor Technology from a "hold" rating to a "buy" rating in a report on Friday, September 5th. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Amkor Technology presently has an average rating of "Hold" and a consensus target price of $26.44.

Insider Buying and Selling

In other Amkor Technology news, EVP Mark N. Rogers sold 15,000 shares of Amkor Technology stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $23.58, for a total transaction of $353,700.00. Following the completion of the transaction, the executive vice president owned 23,862 shares of the company's stock, valued at $562,665.96. The trade was a 38.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Sujoda Management, Llc purchased 441,589 shares of the stock in a transaction dated Friday, August 1st. The stock was purchased at an average cost of $21.85 per share, for a total transaction of $9,648,719.65. Following the completion of the acquisition, the insider owned 3,789,479 shares of the company's stock, valued at approximately $82,800,116.15. This represents a 13.19% increase in their position. The disclosure for this purchase can be found here. 26.90% of the stock is owned by company insiders.

Amkor Technology Stock Performance

NASDAQ AMKR opened at $24.79 on Thursday. The firm has a market cap of $6.13 billion, a P/E ratio of 20.15 and a beta of 1.96. The company has a quick ratio of 1.70, a current ratio of 1.89 and a debt-to-equity ratio of 0.28. The company's 50 day moving average is $23.03 and its 200-day moving average is $20.31. Amkor Technology, Inc. has a 12-month low of $14.03 and a 12-month high of $32.47.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last released its quarterly earnings data on Monday, July 28th. The semiconductor company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.16 by $0.06. Amkor Technology had a net margin of 4.80% and a return on equity of 7.23%. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same period last year, the firm earned $0.27 EPS. Amkor Technology's revenue for the quarter was up 3.4% on a year-over-year basis. 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 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 23rd. Stockholders of record on Wednesday, September 3rd will be given a $0.0827 dividend. The ex-dividend date is Wednesday, September 3rd. This represents a $0.33 annualized dividend and a dividend yield of 1.3%. Amkor Technology's payout ratio is 26.83%.

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.

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