Callan Family Office LLC Makes New Investment in Amkor Technology, Inc. $AMKR

Key Points

• Callan Family Office LLC has acquired a new stake in Amkor Technology, Inc. by purchasing 17,248 shares valued at approximately $362,000 during the second quarter.
• Amkor Technology recently announced a quarterly dividend of $0.0827 per share, translating to an annualized yield of 1.1% with a dividend payout ratio of 26.83%.
• Insiders, including CEO Guillaume Marie Jean Rutten, have sold a total of 36,792 shares worth approximately $948,500 in the last quarter.

Callan Family Office LLC purchased a new stake in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 17,248 shares of the semiconductor company's stock, valued at approximately $362,000.

A number of other institutional investors have also recently made changes to their positions in AMKR. Caitong International Asset Management Co. Ltd purchased a new position in shares of Amkor Technology during the 1st quarter valued at $27,000. MassMutual Private Wealth & Trust FSB lifted its position in shares of Amkor Technology by 416.8% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,602 shares of the semiconductor company's stock valued at $34,000 after buying an additional 1,292 shares during the last quarter. Allworth Financial LP lifted its position in shares of Amkor Technology by 166.3% during the 1st quarter. Allworth Financial LP now owns 2,173 shares of the semiconductor company's stock valued at $38,000 after buying an additional 1,357 shares during the last quarter. Advisors Asset Management Inc. lifted its position in shares of Amkor Technology by 61.8% during the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company's stock valued at $40,000 after buying an additional 854 shares during the last quarter. Finally, AlphaQuest LLC purchased a new position in shares of Amkor Technology during the 1st quarter valued at $53,000. Hedge funds and other institutional investors own 42.76% of the company's stock.

Insiders Place Their Bets

In other Amkor Technology news, CEO Guillaume Marie Jean Rutten sold 10,000 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $30.00, for a total value of $300,000.00. Following the completion of the sale, the chief executive officer owned 358,007 shares in the company, valued at approximately $10,740,210. This trade represents a 2.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Farshad Haghighi sold 11,792 shares of the stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $25.00, for a total value of $294,800.00. Following the completion of the transaction, the executive vice president directly owned 8,354 shares of the company's stock, valued at $208,850. This represents a 58.53% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 36,792 shares of company stock worth $948,500. Insiders own 26.90% of the company's stock.

Amkor Technology Price Performance

Shares of NASDAQ AMKR opened at $31.28 on Thursday. The firm has a market capitalization of $7.73 billion, a P/E ratio of 25.43 and a beta of 1.98. The company has a quick ratio of 1.70, a current ratio of 1.89 and a debt-to-equity ratio of 0.28. The stock's 50-day simple moving average is $26.47 and its two-hundred day simple moving average is $21.83. Amkor Technology, Inc. has a twelve month low of $14.03 and a twelve month high of $33.54.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last announced its quarterly earnings data on Monday, July 28th. The semiconductor company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.16 by $0.06. The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.42 billion. Amkor Technology had a return on equity of 7.23% and a net margin of 4.80%.The company's revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.27 EPS. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. As a group, equities analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 3rd were issued a $0.0827 dividend. The ex-dividend date was Wednesday, September 3rd. This represents a $0.33 annualized dividend and a yield of 1.1%. Amkor Technology's dividend payout ratio (DPR) is 26.83%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. upped their price target on Amkor Technology from $25.00 to $27.00 and gave the company an "overweight" rating in a research report on Tuesday, July 29th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Amkor Technology in a research report on Wednesday, October 8th. UBS Group boosted their price objective on Amkor Technology from $23.00 to $25.00 and gave the company a "buy" rating in a research note on Tuesday, July 29th. Wall Street Zen upgraded Amkor Technology from a "hold" rating to a "buy" rating in a research note on Friday, September 5th. Finally, Needham & Company LLC boosted their price objective on Amkor Technology from $22.00 to $28.00 and gave the company a "buy" rating in a research note on Tuesday, July 29th. Four research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Amkor Technology has an average rating of "Hold" and an average target price of $27.11.

About Amkor Technology

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.

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