Amkor Technology, Inc. $AMKR Shares Purchased by California State Teachers Retirement System

California State Teachers Retirement System lifted its position in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 0.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 143,682 shares of the semiconductor company's stock after buying an additional 504 shares during the period. California State Teachers Retirement System owned 0.06% of Amkor Technology worth $12,389,699 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of Amkor Technology in the second quarter valued at $1,060,005,000. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of Amkor Technology during the 2nd quarter worth about $152,110,000. Fisher Asset Management LLC grew its position in Amkor Technology by 204.5% during the 4th quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company's stock worth $82,712,000 after acquiring an additional 1,407,109 shares during the last quarter. Norges Bank acquired a new stake in Amkor Technology in the fourth quarter worth $53,702,000. Finally, Bank of New York Mellon Corp purchased a new stake in Amkor Technology during the second quarter worth about $90,656,000. Institutional investors own 42.76% of the company's stock.

Amkor Technology Stock Performance

Shares of AMKR stock traded down $1.01 during trading on Tuesday, hitting $46.11. The company's stock had a trading volume of 2,029,964 shares, compared to its average volume of 4,948,801. Amkor Technology, Inc. has a 52 week low of $26.16 and a 52 week high of $96.68. The company has a current ratio of 2.17, a quick ratio of 1.91 and a debt-to-equity ratio of 0.50. The company has a market cap of $11.46 billion, a PE ratio of 20.64, a P/E/G ratio of 0.64 and a beta of 2.22. The business has a fifty day moving average of $55.48 and a 200-day moving average of $61.15.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last posted its quarterly earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.23. The firm had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.81 billion. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%.Amkor Technology's quarterly revenue was up 25.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.22 EPS. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, research analysts anticipate that Amkor Technology, Inc. will post 2.6 earnings per share for the current year.

Amkor Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Wednesday, September 2nd will be issued a dividend of $0.0835 per share. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Wednesday, September 2nd. Amkor Technology's dividend payout ratio is 14.80%.

Insider Activity at Amkor Technology

In other news, EVP Mark Rogers sold 5,000 shares of Amkor Technology stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $59.78, for a total value of $298,900.00. Following the completion of the transaction, the executive vice president directly owned 38,904 shares of the company's stock, valued at approximately $2,325,681.12. The trade was a 11.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Megan Faust sold 1,000 shares of the company's stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $49.05, for a total transaction of $49,050.00. Following the completion of the transaction, the chief financial officer owned 134,105 shares in the company, valued at approximately $6,577,850.25. This represents a 0.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 40,221 shares of company stock valued at $2,216,587 over the last 90 days. Corporate insiders own 26.40% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Needham & Company LLC reiterated a "buy" rating and set a $90.00 target price on shares of Amkor Technology in a 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. Morgan Stanley boosted their price objective on shares of Amkor Technology from $69.00 to $70.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 28th. Zacks Research raised Amkor Technology from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 20th. Finally, B. Riley Financial reduced their price target on shares of 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 research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Amkor Technology currently has a consensus rating of "Moderate Buy" and an average target price of $68.33.

Amkor Technology Company Profile

Amkor Technology, Inc NASDAQ: AMKR is a provider of outsourced semiconductor packaging and testing services. The company supports semiconductor manufacturers and electronics companies by assembling and testing integrated circuits after wafer fabrication, helping prepare chips for use in electronic devices.

Its services include wafer bumping and probing, semiconductor assembly, advanced packaging, final testing, and related product design and logistics support. Amkor offers packaging technologies for applications including communications, consumer electronics, computing, automotive, industrial, and other markets.

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