Acadian Asset Management LLC Purchases New Shares in Amkor Technology, Inc. $AMKR

Key Points

• Acadian Asset Management LLC has acquired a new position in Amkor Technology, purchasing 63,837 shares valued at approximately $1,151,000.
• Insider activity includes EVP Farshad Haghighi selling 11,792 shares for $294,800, while major shareholder Sujoda Management bought 441,589 shares, increasing their ownership by 13.19%.
• Analysts hold a consensus rating of "Hold" for Amkor Technology, with target prices ranging from $20.00 to $28.00.

Acadian Asset Management LLC purchased a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 63,837 shares of the semiconductor company's stock, valued at approximately $1,151,000.

Several other large investors also recently made changes to their positions in AMKR. Caitong International Asset Management Co. Ltd bought a new stake in Amkor Technology during the 1st quarter valued at approximately $27,000. UMB Bank n.a. boosted its stake in Amkor Technology by 677.0% during the 1st quarter. UMB Bank n.a. now owns 1,756 shares of the semiconductor company's stock valued at $32,000 after purchasing an additional 1,530 shares during the period. Allworth Financial LP boosted its stake in Amkor Technology by 166.3% during the 1st quarter. Allworth Financial LP now owns 2,173 shares of the semiconductor company's stock valued at $38,000 after purchasing an additional 1,357 shares during the period. Advisors Asset Management Inc. boosted its stake in Amkor Technology by 61.8% during 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. Finally, AlphaQuest LLC bought a new stake in Amkor Technology during the 1st quarter valued at approximately $53,000. Institutional investors own 42.76% of the company's stock.

Insider Buying and Selling

In related news, major shareholder John T. Kim bought 441,589 shares of the company's stock in a transaction dated Friday, August 1st. The stock was acquired at an average cost of $21.85 per share, with a total value of $9,648,719.65. Following the acquisition, the insider owned 3,789,479 shares in the company, valued at approximately $82,800,116.15. This represents a 13.19% increase 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 bought 441,589 shares of the company's stock in a transaction dated Friday, August 1st. The stock was bought at an average cost of $21.85 per share, with a total value of $9,648,719.65. Following the completion of the acquisition, the insider owned 3,789,479 shares in the company, valued at $82,800,116.15. This represents a 13.19% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 26.90% of the company's stock.

Amkor Technology Stock Performance

Amkor Technology stock traded down $0.85 during trading hours on Friday, hitting $28.31. The stock had a trading volume of 5,194,975 shares, compared to its average volume of 2,237,383. Amkor Technology, Inc. has a fifty-two week low of $14.03 and a fifty-two week high of $32.47. 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 has a 50-day moving average of $23.71 and a two-hundred day moving average of $20.58. The company has a market cap of $7.00 billion, a PE ratio of 23.02 and a beta of 1.96.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last issued its earnings results on Monday, July 28th. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.06. Amkor Technology had a return on equity of 7.23% and a net margin of 4.80%.The business had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.42 billion. During the same period in the prior year, the firm posted $0.27 EPS. Amkor Technology's quarterly revenue was up 3.4% compared to the same quarter last year. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. On average, equities research analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.

Amkor Technology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Wednesday, September 3rd will be issued a $0.0827 dividend. The ex-dividend date of this dividend is Wednesday, September 3rd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.2%. Amkor Technology's dividend payout ratio is presently 26.83%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Wall Street Zen upgraded Amkor Technology from a "hold" rating to a "buy" rating in a research note on Friday, September 5th. UBS Group increased their target price on 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 started coverage on Amkor Technology in a research note on Thursday, July 10th. They set a "neutral" rating and a $20.00 target price for the company. B. Riley upped their price target on Amkor Technology from $18.00 to $24.00 and gave the company a "neutral" rating in a report on Tuesday, July 29th. Finally, Morgan Stanley reaffirmed an "equal weight" rating on shares of Amkor Technology in a report on Tuesday, July 29th. Four equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, Amkor Technology currently has a consensus rating of "Hold" and a consensus price target of $26.44.

Amkor Technology Company 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.