Amkor Technology, Inc. $AMKR Stock: Curated Wealth Partners LLC Decreases Stake

Key Points

• Curated Wealth Partners slashed its Amkor Technology stake by 99.3% in the third quarter, selling 739,536 shares and retaining 5,122 shares valued at approximately $268,000.
• Amkor reported strong quarterly results, with EPS of $0.70 versus the $0.47 consensus and revenue of $1.90 billion, up 25.6% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $68.33.
• AMKR opened at $41.82, well below its 52-week high of $96.68, while insiders sold 46,221 shares worth about $2.54 million over the past three months; institutional investors own 42.76% of the stock.

Curated Wealth Partners LLC lowered its position in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 99.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,122 shares of the semiconductor company's stock after selling 739,536 shares during the quarter. Curated Wealth Partners LLC's holdings in Amkor Technology were worth $268,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AMKR. CoreCap Advisors LLC lifted its position in Amkor Technology by 56.4% during the 2nd quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company's stock valued at $38,000 after acquiring an additional 158 shares during the period. Mather Group LLC. bought a new stake in Amkor Technology during the third quarter worth about $41,000. Clearstead Trust LLC purchased a new stake in Amkor Technology in the second quarter worth about $43,000. Hollencrest Capital Management purchased a new stake in Amkor Technology in the first quarter worth about $45,000. Finally, Ceredex Value Advisors LLC purchased a new position in shares of Amkor Technology during the second quarter valued at approximately $47,000. Hedge funds and other institutional investors own 42.76% of the company's stock.

Amkor Technology Price Performance

Shares of AMKR opened at $41.82 on Friday. The company has a market capitalization of $10.39 billion, a P/E ratio of 18.75, a price-to-earnings-growth ratio of 0.52 and a beta of 2.21. 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 firm has a 50 day moving average of $50.76 and a 200 day moving average of $61.83. Amkor Technology, Inc. has a twelve month low of $29.50 and a twelve month high of $96.68.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last issued its earnings results on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.47 by $0.23. The business had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.81 billion. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%. The company's revenue was up 25.6% compared to the same quarter last year. During the same period last year, the business posted $0.22 EPS. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, equities research analysts anticipate that Amkor Technology, Inc. will post 2.60 earnings per share for the current fiscal year.

Amkor Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders 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 presently 14.80%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on AMKR shares. 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 report on Tuesday, July 28th. UBS Group raised Amkor Technology from a "neutral" rating to a "buy" rating and raised their price objective for the company from $80.00 to $90.00 in a research report on Friday, July 24th. Morgan Stanley raised their price objective 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. Zacks Research cut Amkor Technology from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 28th. Finally, Bank of America initiated coverage on Amkor Technology in a report on Thursday, August 27th. They issued a "buy" rating and a $70.00 target price on the stock. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $68.33.

Insider Activity at Amkor Technology

In other Amkor Technology news, Director Giel Rutten sold 25,000 shares of the business's stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $55.35, for a total value of $1,383,750.00. Following the completion of the transaction, the director owned 486,732 shares of the company's stock, valued at approximately $26,940,616.20. The trade was a 4.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Douglas A. Alexander sold 5,000 shares of the business's stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $55.00, for a total value of $275,000.00. Following the completion of the transaction, the director directly owned 29,109 shares of the company's stock, valued at approximately $1,600,995. This trade represents a 14.66% decrease in their position. 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. Insiders sold a total of 46,221 shares of company stock valued at $2,538,507 over the last three months. 26.40% of the stock is owned by insiders.

Amkor Technology Profile

Amkor Technology, Inc NASDAQ: AMKR is a provider of outsourced semiconductor packaging and testing services. The company works with semiconductor manufacturers, fabless chip designers, foundries and integrated device manufacturers to assemble, package and test integrated circuits before they are incorporated into electronic products.

Its services include advanced packaging, flip-chip and wirebond assembly, wafer-level processing, system-in-package solutions, wafer bumping and semiconductor testing.

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