Canada Pension Plan Investment Board Buys Shares of 80,300 Amkor Technology, Inc. $AMKR

Canada Pension Plan Investment Board bought a new position in Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 80,300 shares of the semiconductor company's stock, valued at approximately $6,924,000.

Other hedge funds have also modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of Amkor Technology in the 2nd quarter worth $1,060,005,000. Fisher Asset Management LLC increased its position in Amkor Technology by 204.5% during the 4th quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company's stock valued at $82,712,000 after buying an additional 1,407,109 shares in the last quarter. UBS Group AG raised its stake in Amkor Technology by 205.5% in the fourth quarter. UBS Group AG now owns 1,254,658 shares of the semiconductor company's stock valued at $49,534,000 after buying an additional 843,983 shares during the last quarter. Black Swift Group LLC purchased a new stake in Amkor Technology in the fourth quarter valued at about $797,000. Finally, Foster & Motley Inc. acquired a new stake in Amkor Technology in the second quarter worth about $1,944,000. 42.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Zacks Research upgraded shares of Amkor Technology from a "hold" rating to a "strong-buy" rating in a report on Monday, July 20th. Weiss Ratings upgraded shares of Amkor Technology from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, July 31st. UBS Group raised shares of Amkor Technology from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $80.00 to $90.00 in a research report on Friday, July 24th. Morgan Stanley upped their price target 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. Finally, B. Riley Financial decreased their price target on shares of Amkor Technology from $75.00 to $65.00 and set a "neutral" rating for the company in a report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $68.33.

Insider Buying and Selling at Amkor Technology

In other news, CFO Megan Faust sold 1,000 shares of the company's stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $54.45, for a total value of $54,450.00. Following the sale, the chief financial officer directly owned 135,105 shares of the company's stock, valued at $7,356,467.25. This represents a 0.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark N. Rogers sold 5,000 shares of the company's stock in a transaction on Monday, August 17th. The shares were sold at an average price of $59.78, for a total transaction of $298,900.00. Following the completion of the sale, the executive vice president directly owned 38,904 shares in the company, valued at $2,325,681.12. This trade represents a 11.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 50,221 shares of company stock worth $3,059,887. Corporate insiders own 26.40% of the company's stock.

Amkor Technology Stock Down 7.5%

Shares of AMKR stock opened at $47.88 on Friday. The stock's 50-day simple moving average is $62.52 and its 200-day simple moving average is $61.15. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17. The firm has a market capitalization of $11.90 billion, a PE ratio of 21.47 and a beta of 2.24. Amkor Technology, Inc. has a fifty-two week low of $23.36 and a fifty-two week high of $96.68.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last released its earnings results on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.23. The firm had revenue of $1.90 billion during 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 quarter in the previous year, the company posted $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Equities analysts expect that Amkor Technology, Inc. will post 2.6 earnings per share for the current year.

Amkor Technology Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Wednesday, September 2nd will be given a dividend of $0.0835 per share. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%. Amkor Technology's dividend payout ratio (DPR) is currently 14.80%.

About Amkor Technology

Amkor Technology, Inc NASDAQ: AMKR is a leading provider of outsourced semiconductor packaging and test (OSAT) services, supporting integrated device manufacturers and semiconductor foundries worldwide. The company offers a broad range of advanced packaging solutions, including wafer bumping, flip chip, system-in-package and ball grid array technologies, designed to meet the performance, power and form-factor demands of applications across consumer electronics, automotive, communications and industrial markets.

In addition to packaging, Amkor delivers comprehensive test services such as wafer probing, final test, system-level test and digital, analog and mixed-signal testing, enabling customers to accelerate time-to-market and reduce total costs.

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