Amkor Technology, Inc. $AMKR Stake Reduced by Amundi

Key Points

• Amundi cut its Amkor Technology stake by 59.8% in the second quarter, selling 157,923 shares and retaining 105,945 shares valued at approximately $9.1 million. Institutional investors collectively own 42.76% of the company.
• Amkor reported stronger-than-expected quarterly results, with EPS of $0.70 versus the $0.47 consensus and revenue of $1.90 billion, up 25.6% year over year. The company guided for third-quarter 2026 EPS of $0.72–$0.82.
• Analyst sentiment remains generally positive, with a consensus rating of “Moderate Buy” and an average price target of $68.33, compared with shares opening at $51.73. Amkor also declared a quarterly dividend of $0.0835 per share.

Amundi decreased its holdings in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 59.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 105,945 shares of the semiconductor company's stock after selling 157,923 shares during the period. Amundi's holdings in Amkor Technology were worth $9,136,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Wellington Grp LLC lifted its stake in Amkor Technology by 31.1% during the second quarter. Wellington Grp LLC now owns 53,115 shares of the semiconductor company's stock valued at $4,580,000 after purchasing an additional 12,598 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Amkor Technology during the second quarter worth approximately $2,994,000. California State Teachers Retirement System grew its position in Amkor Technology by 8,553.4% in the second quarter. California State Teachers Retirement System now owns 12,389,699 shares of the semiconductor company's stock worth $1,068,364,000 after buying an additional 12,246,521 shares during the last quarter. Readystate Asset Management LP acquired a new position in Amkor Technology in the second quarter worth approximately $3,000,000. Finally, Wedmont Private Capital lifted its position in shares of Amkor Technology by 5.7% during the 2nd quarter. Wedmont Private Capital now owns 13,051 shares of the semiconductor company's stock valued at $1,125,000 after acquiring an additional 707 shares during the last quarter. Institutional investors and hedge funds own 42.76% of the company's stock.

Amkor Technology Price Performance

Shares of AMKR opened at $51.73 on Friday. The company has a market capitalization of $12.85 billion, a price-to-earnings ratio of 23.20, a P/E/G ratio of 0.64 and a beta of 2.22. Amkor Technology, Inc. has a fifty-two week low of $24.97 and a fifty-two week high of $96.68. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.17 and a quick ratio of 1.91. The business's 50-day moving average is $55.93 and its 200-day moving average is $61.07.

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 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 firm's revenue was up 25.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Equities research analysts expect that Amkor Technology, Inc. will post 2.6 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Wednesday, September 2nd will be issued a $0.0835 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $0.33 dividend on an annualized basis and a yield of 0.6%. Amkor Technology's dividend payout ratio is currently 14.80%.

Wall Street Analyst Weigh In

AMKR has been the subject of several research reports. 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 increased their price target on Amkor Technology from $69.00 to $70.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 28th. B. Riley Financial dropped their price target on Amkor Technology from $75.00 to $65.00 and set a "neutral" rating on the stock in a research note on Tuesday, July 28th. Zacks Research upgraded Amkor Technology from a "hold" rating to a "strong-buy" rating in a report on Monday, July 20th. Finally, Bank of America initiated coverage on shares of Amkor Technology in a research note on Thursday, August 27th. They set a "buy" rating and a $70.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Amkor Technology presently has a consensus rating of "Moderate Buy" and an average price target of $68.33.

Insider Activity

In other Amkor Technology news, EVP Mark N. Rogers sold 5,000 shares of the business's stock in a transaction that occurred on 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 sale, the executive vice president directly owned 38,904 shares of the company's stock, valued at $2,325,681.12. The trade was a 11.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Douglas A. Alexander sold 5,000 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $55.81, for a total transaction of $279,050.00. Following the transaction, the director owned 29,109 shares in the company, valued at approximately $1,624,573.29. This trade represents a 14.66% 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. In the last 90 days, insiders have sold 45,221 shares of company stock valued at $2,647,637. 26.40% of the stock is currently owned by company insiders.

About Amkor Technology

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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