Charles Schwab Investment Management Inc. Increases Holdings in Amkor Technology, Inc. $AMKR

Key Points

• Charles Schwab Investment Management Inc. has increased its stake in Amkor Technology by 4.3% during the first quarter, now owning approximately 2.09 million shares valued at $37.78 million.
• Significant insider activity was reported as major shareholder John T. Kim purchased 441,589 shares for a total of about $9.65 million, increasing his position by 13.19%.
• Amkor Technology recently announced a $0.0827 quarterly dividend, with a 1.4% yield, to be paid on September 23rd, marking a payout ratio of 26.83%.

Charles Schwab Investment Management Inc. boosted its holdings in Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 4.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,092,078 shares of the semiconductor company's stock after buying an additional 85,805 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.85% of Amkor Technology worth $37,783,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. UMB Bank n.a. increased its holdings in shares of Amkor Technology by 677.0% in the 1st quarter. UMB Bank n.a. now owns 1,756 shares of the semiconductor company's stock valued at $32,000 after acquiring an additional 1,530 shares during the last quarter. Allworth Financial LP increased its stake in Amkor Technology by 166.3% in the first quarter. Allworth Financial LP now owns 2,173 shares of the semiconductor company's stock valued at $38,000 after purchasing an additional 1,357 shares during the last quarter. Versant Capital Management Inc increased its stake in Amkor Technology by 467.7% in the first quarter. Versant Capital Management Inc now owns 3,009 shares of the semiconductor company's stock valued at $54,000 after purchasing an additional 2,479 shares during the last quarter. Palouse Capital Management Inc. increased its stake in Amkor Technology by 52.2% in the first quarter. Palouse Capital Management Inc. now owns 4,010 shares of the semiconductor company's stock valued at $72,000 after purchasing an additional 1,375 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in Amkor Technology by 54.9% in the first quarter. GAMMA Investing LLC now owns 4,853 shares of the semiconductor company's stock valued at $88,000 after purchasing an additional 1,721 shares during the last quarter. Hedge funds and other institutional investors own 42.76% of the company's stock.

Wall Street Analyst Weigh In

AMKR has been the topic of a number of recent analyst reports. B. Riley increased their target price on shares of Amkor Technology from $18.00 to $24.00 and gave the company a "neutral" rating in a research report on Tuesday, July 29th. Needham & Company LLC raised their price objective on Amkor Technology from $22.00 to $28.00 and gave the stock a "buy" rating in a report on Tuesday, July 29th. JPMorgan Chase & Co. raised their price objective on Amkor Technology from $25.00 to $27.00 and gave the stock an "overweight" rating in a report on Tuesday, July 29th. The Goldman Sachs Group initiated coverage on Amkor Technology in a report on Thursday, July 10th. They set a "neutral" rating and a $20.00 price objective on the stock. Finally, Morgan Stanley reissued an "equal weight" rating on shares of Amkor Technology in a research report on Tuesday, July 29th. Four investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Amkor Technology has a consensus rating of "Hold" and a consensus target price of $26.44.

Insider Activity at Amkor Technology

In other Amkor Technology news, major shareholder John T. Kim purchased 441,589 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The shares were purchased at an average cost of $21.85 per share, for a total transaction of $9,648,719.65. Following the completion of the purchase, the insider directly owned 3,789,479 shares in the company, valued at $82,800,116.15. This represents a 13.19% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Sujoda Management, Llc purchased 441,589 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The stock was acquired at an average price of $21.85 per share, for a total transaction of $9,648,719.65. Following the completion of the purchase, the insider owned 3,789,479 shares of the company's stock, valued at approximately $82,800,116.15. This represents a 13.19% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 26.90% of the company's stock.

Amkor Technology Stock Performance

Shares of NASDAQ:AMKR traded up $0.88 during midday trading on Friday, hitting $24.09. The stock had a trading volume of 2,200,979 shares, compared to its average volume of 2,682,271. The company has a market capitalization of $5.95 billion, a PE ratio of 19.59 and a beta of 1.85. The stock has a 50 day moving average price of $22.10 and a two-hundred day moving average price of $20.19. The company has a current ratio of 1.89, a quick ratio of 1.70 and a debt-to-equity ratio of 0.28. Amkor Technology, Inc. has a 1 year low of $14.03 and a 1 year high of $33.69.

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

Amkor Technology Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Wednesday, September 3rd will be paid a $0.0827 dividend. The ex-dividend date is Wednesday, September 3rd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.4%. Amkor Technology's payout ratio is 26.83%.

Amkor Technology Profile

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.