Amkor Technology, Inc. $AMKR Shares Newly Purchased by Vontobel Holding Ltd.

Key Points

• Vontobel Holding initiated a position in Amkor Technology during the third quarter, purchasing 63,738 shares worth approximately $3.34 million. Institutional investors collectively own 42.76% of the company.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $68.33, although individual ratings range from “Hold” to “Buy.”
• Amkor reported strong quarterly results, earning $0.70 per share on $1.90 billion in revenue, beating estimates and increasing revenue 25.6% year over year. The company also pays a quarterly dividend of $0.0835 per share, while insiders have sold shares worth about $2.54 million over the past three months.

Vontobel Holding Ltd. bought a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 63,738 shares of the semiconductor company's stock, valued at approximately $3,339,000.

Several other institutional investors have also modified their holdings of AMKR. CoreCap Advisors LLC grew its holdings in Amkor Technology by 56.4% in the second quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company's stock valued at $38,000 after purchasing an additional 158 shares during the last quarter. Mather Group LLC. acquired a new position in shares of Amkor Technology in the third quarter worth $41,000. Clearstead Trust LLC purchased a new stake in shares of Amkor Technology in the second quarter valued at $43,000. Hollencrest Capital Management purchased a new stake in Amkor Technology during the 1st quarter worth about $45,000. Finally, Ceredex Value Advisors LLC purchased a new position in Amkor Technology in the 2nd quarter valued at about $47,000. Hedge funds and other institutional investors own 42.76% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Bank of America initiated coverage on shares of Amkor Technology in a research report on Thursday, August 27th. They issued a "buy" rating and a $70.00 price objective for the company. Morgan Stanley increased their price objective on shares of Amkor Technology from $69.00 to $70.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 28th. Zacks Research cut shares of Amkor Technology from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 28th. UBS Group upgraded Amkor Technology from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $80.00 to $90.00 in a report on Friday, July 24th. Finally, B. Riley Financial decreased their target price on Amkor Technology from $75.00 to $65.00 and set a "neutral" rating for the company in a report on Tuesday, July 28th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $68.33.

Amkor Technology Stock Performance

Amkor Technology stock opened at $41.82 on Monday. The firm's fifty day moving average price is $50.76 and its 200 day moving average price is $61.98. Amkor Technology, Inc. has a 12-month low of $29.50 and a 12-month high of $96.68. The company has a market capitalization of $10.39 billion, a price-to-earnings ratio of 18.75, a price-to-earnings-growth ratio of 0.52 and a beta of 2.21. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.17 and a quick ratio of 1.91.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.23. The business had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.81 billion. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The business's 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 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, research analysts forecast that Amkor Technology, Inc. will post 2.60 EPS for the current fiscal year.

Amkor Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 22nd. Shareholders of record on Wednesday, September 2nd were issued a dividend of $0.0835 per share. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Wednesday, September 2nd. Amkor Technology's dividend payout ratio is 14.80%.

Insiders Place Their Bets

In other news, Director Giel Rutten sold 25,000 shares of the company's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $55.35, for a total transaction of $1,383,750.00. Following the completion of the transaction, the director directly owned 486,732 shares of the company's stock, valued at approximately $26,940,616.20. This represents a 4.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark Rogers sold 5,000 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $59.78, for a total value of $298,900.00. Following the sale, the executive vice president owned 38,904 shares in the company, valued at $2,325,681.12. The trade was a 11.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 46,221 shares of company stock worth $2,538,507. Corporate insiders own 26.40% of the company's stock.

Amkor Technology Profile

Amkor Technology, Inc is a provider of outsourced semiconductor packaging and test services. The company helps semiconductor manufacturers and electronics companies assemble, package and test integrated circuits before they are incorporated into finished electronic products.

Amkor's services include wafer bumping, wafer-level packaging, flip-chip packaging, system-in-package solutions, fan-out packaging, leadframe and laminate-based packaging, and semiconductor testing. Its products and services support applications including mobile and consumer electronics, communications, automotive, computing, industrial equipment, and memory devices.

Founded in 1968, Amkor has grown into a global semiconductor supply-chain partner with manufacturing and testing operations across regions including Asia, Europe and the United States.

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