Aigen Investment Management LP Purchases New Shares in Amkor Technology, Inc. $AMKR

Key Points

• Aigen Investment Management LP has acquired a new stake in Amkor Technology, buying 12,992 shares valued at approximately $235,000 during the 1st quarter of the year.
• Major insider transactions include John T. Kim purchasing 441,589 shares for about $9.65 million, indicating a 13.19% increase in his ownership, while EVP Mark N. Rogers sold 15,000 shares, reflecting a 38.60% decrease in his stake.
• Analysts have mixed views on Amkor Technology with price objectives ranging between $20.00 and $30.00, and a consensus rating of "Hold" while the stock has seen trading volatility, dropping 3.1% recently to $23.76.

Aigen Investment Management LP acquired a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 12,992 shares of the semiconductor company's stock, valued at approximately $235,000.

A number of other hedge funds have also modified their holdings of the company. Bessemer Group Inc. boosted its position in Amkor Technology by 421.0% during the 4th quarter. Bessemer Group Inc. now owns 1,537 shares of the semiconductor company's stock worth $39,000 after acquiring an additional 1,242 shares during the last quarter. UMB Bank n.a. boosted its position 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 worth $32,000 after acquiring an additional 1,530 shares during the last quarter. Allworth Financial LP boosted its position in Amkor Technology by 166.3% during the 1st 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 last quarter. Versant Capital Management Inc boosted its position in Amkor Technology by 467.7% during the 1st quarter. Versant Capital Management Inc now owns 3,009 shares of the semiconductor company's stock worth $54,000 after acquiring an additional 2,479 shares during the last quarter. Finally, Palouse Capital Management Inc. boosted its position in Amkor Technology by 52.2% during the 1st quarter. Palouse Capital Management Inc. now owns 4,010 shares of the semiconductor company's stock worth $72,000 after acquiring an additional 1,375 shares during the last quarter. 42.76% of the stock is currently owned by institutional investors.

Insider Activity

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

Amkor Technology Trading Down 0.5%

Shares of NASDAQ:AMKR traded down $0.1150 on Tuesday, reaching $23.9350. 505,960 shares of the company traded hands, compared to its average volume of 2,148,233. The company has a current ratio of 1.89, a quick ratio of 1.70 and a debt-to-equity ratio of 0.28. Amkor Technology, Inc. has a 52 week low of $14.03 and a 52 week high of $33.85. The stock has a market capitalization of $5.92 billion, a P/E ratio of 19.45 and a beta of 1.85. The business's 50-day simple moving average is $21.84 and its 200 day simple moving average is $20.15.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last announced its quarterly earnings results on Monday, July 28th. The semiconductor company reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.06. The company 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 quarter last year, the firm posted $0.27 earnings per share. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. As a group, equities analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

The firm 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 dividend of $0.0827 per share. The ex-dividend date of this dividend is Wednesday, September 3rd. This represents a $0.33 annualized dividend and a dividend yield of 1.4%. Amkor Technology's dividend payout ratio is presently 26.83%.

Analyst Ratings Changes

AMKR has been the subject of several recent analyst reports. JPMorgan Chase & Co. increased their price objective on Amkor Technology from $25.00 to $27.00 and gave the company an "overweight" rating in a report on Tuesday, July 29th. Needham & Company LLC boosted their price objective on Amkor Technology from $22.00 to $28.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. DA Davidson dropped their price target on shares of Amkor Technology from $36.00 to $30.00 and set a "buy" rating on the stock in a research report on Tuesday, April 29th. B. Riley increased their price target on Amkor Technology from $18.00 to $24.00 and gave the stock a "neutral" rating in a report on Tuesday, July 29th. Finally, UBS Group raised their price objective on Amkor Technology from $23.00 to $25.00 and gave the company a "buy" rating in a research note on Tuesday, July 29th. Four investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $26.44.

About Amkor Technology

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.