Cetera Investment Advisers Has $2.54 Million Position in Amkor Technology, Inc. $AMKR

Key Points

• Cetera Investment Advisers more than doubled its Amkor Technology stake during the first quarter, increasing holdings by 113.3% to 56,445 shares valued at approximately $2.54 million. Institutional investors currently own 42.76% of the company.
• Amkor reported quarterly earnings of $0.70 per share, beating estimates of $0.47, while revenue rose 25.6% year over year to $1.90 billion. The company guided for third-quarter EPS of $0.72–$0.82.
• Analyst sentiment remains positive overall, with a consensus “Moderate Buy” rating and a $68.12 price target, although B. Riley cut its target to $65 and Morgan Stanley maintained an “equal weight” rating. Insiders sold 60,221 shares worth about $4.01 million over the past three months.

Cetera Investment Advisers boosted its stake in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 113.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 56,445 shares of the semiconductor company's stock after acquiring an additional 29,977 shares during the quarter. Cetera Investment Advisers' holdings in Amkor Technology were worth $2,542,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of AMKR. Bessemer Group Inc. boosted its stake in shares of Amkor Technology by 12.5% during the 1st quarter. Bessemer Group Inc. now owns 1,216 shares of the semiconductor company's stock worth $55,000 after buying an additional 135 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its stake in shares of Amkor Technology by 2.1% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 9,799 shares of the semiconductor company's stock worth $387,000 after acquiring an additional 202 shares during the period. Vanguard Personalized Indexing Management LLC boosted its position in Amkor Technology by 0.6% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 36,221 shares of the semiconductor company's stock worth $1,430,000 after purchasing an additional 218 shares during the period. Evolve Private Wealth LLC boosted its holdings in shares of Amkor Technology by 3.0% during the 1st quarter. Evolve Private Wealth LLC now owns 7,615 shares of the semiconductor company's stock worth $343,000 after buying an additional 222 shares during the period. Finally, Strs Ohio boosted its holdings in shares of Amkor Technology by 8.6% during the first quarter. Strs Ohio now owns 2,971 shares of the semiconductor company's stock worth $134,000 after acquiring an additional 235 shares during the period. 42.76% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Amkor Technology news, CEO Kevin K. Engel sold 3,221 shares of the business's stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $47.00, for a total transaction 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. The trade was a 24.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Winston J. Churchill sold 5,000 shares of the business's stock in a transaction on Friday, June 12th. The stock was sold at an average price of $78.20, for a total value of $391,000.00. Following the transaction, the director directly owned 28,781 shares of the company's stock, valued at $2,250,674.20. This trade represents a 14.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 60,221 shares of company stock valued at $4,009,737 over the last three months. 26.40% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. B. Riley Financial lowered their target price 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. Needham & Company LLC reaffirmed a "buy" rating and issued a $90.00 price objective on shares of Amkor Technology in a report on Tuesday, July 28th. Morgan Stanley increased their price objective on Amkor Technology from $69.00 to $70.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 28th. Zacks Research raised shares of Amkor Technology from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 20th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $68.12.

Amkor Technology Trading Up 2.0%

Shares of AMKR stock opened at $55.27 on Friday. The stock has a market cap of $13.73 billion, a P/E ratio of 24.78 and a beta of 2.24. Amkor Technology, Inc. has a 1 year low of $22.68 and a 1 year high of $96.68. The company has a current ratio of 2.17, a quick ratio of 1.91 and a debt-to-equity ratio of 0.50. The stock has a 50 day simple moving average of $70.04 and a 200 day simple moving average of $60.75.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last posted its quarterly earnings data 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 for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the company earned $0.22 EPS. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, research analysts predict that Amkor Technology, Inc. will post 2.62 earnings per share for the current fiscal year.

Amkor Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Wednesday, June 3rd were given a dividend of $0.0835 per share. The ex-dividend date was Wednesday, June 3rd. This represents a $0.33 annualized dividend and a dividend yield of 0.6%. 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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