Amkor Technology, Inc. $AMKR Shares Sold by Jackson Square Capital LLC

Key Points

• Jackson Square Capital reduced its Amkor Technology stake by 79% in the third quarter, selling 38,044 shares and retaining 10,141 shares valued at approximately $531,000.
• Amkor’s latest quarterly results exceeded expectations, with EPS of $0.70 versus the $0.47 consensus and revenue of $1.90 billion, up 25.6% year over year. The company also announced a quarterly dividend of $0.0835 per share.
• Analysts maintain a “Moderate Buy” consensus rating with an average price target of $68.33, while Amkor shares recently traded at $42.33—well below the 12-month high of $96.68.

Jackson Square Capital LLC reduced its holdings in Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 79.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,141 shares of the semiconductor company's stock after selling 38,044 shares during the quarter. Jackson Square Capital LLC's holdings in Amkor Technology were worth $531,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in shares of Amkor Technology during the second quarter valued at $1,060,005,000. Principal Financial Group Inc. increased its stake in Amkor Technology by 19.3% during the 1st quarter. Principal Financial Group Inc. now owns 2,622,744 shares of the semiconductor company's stock valued at $118,107,000 after buying an additional 423,629 shares during the period. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of Amkor Technology during the 2nd quarter worth about $152,110,000. Bank of New York Mellon Corp bought a new stake in shares of Amkor Technology during the 2nd quarter worth about $90,656,000. Finally, SG Americas Securities LLC raised its position in shares of Amkor Technology by 39.8% during the 1st quarter. SG Americas Securities LLC now owns 978,570 shares of the semiconductor company's stock worth $44,065,000 after buying an additional 278,521 shares in the last quarter. 42.76% of the stock is currently owned by institutional investors and hedge funds.

Amkor Technology Price Performance

Amkor Technology stock traded up $0.51 during midday trading on Monday, hitting $42.33. The company's stock had a trading volume of 1,660,872 shares, compared to its average volume of 4,785,568. Amkor Technology, Inc. has a 12 month low of $29.50 and a 12 month high of $96.68. The company has a quick ratio of 1.91, a current ratio of 2.17 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $10.52 billion, a PE ratio of 19.03, a price-to-earnings-growth ratio of 0.52 and a beta of 2.21. The stock's 50-day moving average price is $50.76 and its 200-day moving average price is $61.98.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last posted its quarterly earnings data on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.23. The company 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 for the quarter was up 25.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.22 EPS. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Analysts anticipate that Amkor Technology, Inc. will post 2.60 earnings per share for the current fiscal year.

Amkor Technology Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Needham & Company LLC reiterated a "buy" rating and issued a $90.00 price objective on shares of Amkor Technology in a report on Tuesday, July 28th. Morgan Stanley raised 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 cut Amkor Technology from a "strong-buy" rating to a "hold" rating in a report on Monday, September 28th. B. Riley Financial cut their target price on Amkor Technology from $75.00 to $65.00 and set a "neutral" rating for the company in a research report on Tuesday, July 28th. Finally, Bank of America assumed coverage on Amkor Technology in a research note on Thursday, August 27th. They set a "buy" rating and a $70.00 price target for the company. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $68.33.

Insider Activity

In other Amkor Technology news, CFO Megan Faust sold 1,000 shares of Amkor Technology stock in a transaction that occurred on Tuesday, October 13th. The shares were sold at an average price of $46.92, for a total value of $46,920.00. Following the transaction, the chief financial officer owned 133,105 shares in the company, valued at approximately $6,245,286.60. The trade was a 0.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Kevin K. Engel sold 3,221 shares of the company's stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $47.00, for a total value of $151,387.00. Following the completion of the transaction, the chief executive officer directly owned 9,666 shares in the company, valued at $454,302. This represents a 24.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 46,221 shares of company stock valued at $2,538,507 in the last ninety days. 26.40% of the stock is owned by company insiders.

Amkor Technology Company 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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