Corient Private Wealth LP Has $13.63 Million Holdings in Amkor Technology, Inc. $AMKR

Key Points

• Corient Private Wealth increased its Amkor Technology stake by 142.7% in the second quarter, ending with 158,037 shares valued at approximately $13.63 million. Institutional investors collectively own 42.76% of the company.
• Amkor reported stronger-than-expected quarterly results, with EPS of $0.70 and revenue of $1.90 billion, representing 25.6% year-over-year revenue growth. The company guided for third-quarter EPS of $0.72–$0.82.
• AMKR shares opened at $46.38, well below their 52-week high of $96.68. Analysts maintain a “Moderate Buy” consensus with an average price target of $68.33, while the company also declared a quarterly dividend of $0.0835 per share.

Corient Private Wealth LP grew its holdings in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 142.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 158,037 shares of the semiconductor company's stock after buying an additional 92,929 shares during the period. Corient Private Wealth LP owned approximately 0.06% of Amkor Technology worth $13,628,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. BlackRock Inc. bought a new stake in shares of Amkor Technology in the 2nd quarter valued at $1,060,005,000. Clal Insurance Enterprises Holdings Ltd bought a new position in Amkor Technology during the second quarter worth $152,110,000. Principal Financial Group Inc. grew its holdings in Amkor Technology by 19.3% in the first quarter. Principal Financial Group Inc. now owns 2,622,744 shares of the semiconductor company's stock worth $118,107,000 after purchasing an additional 423,629 shares during the period. Bank of New York Mellon Corp acquired a new stake in Amkor Technology in the second quarter worth $90,656,000. Finally, Fisher Asset Management LLC increased its stake in Amkor Technology by 204.5% in the fourth quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company's stock valued at $82,712,000 after purchasing an additional 1,407,109 shares in the last quarter. Institutional investors and hedge funds own 42.76% of the company's stock.

Insider Buying and Selling

In related news, Director Giel Rutten sold 25,000 shares of Amkor Technology stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $55.35, for a total transaction of $1,383,750.00. Following the transaction, the director owned 486,732 shares of the company's stock, valued at $26,940,616.20. The trade was a 4.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Douglas Alexander sold 5,000 shares of the company's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $55.81, for a total value of $279,050.00. Following the sale, the director owned 29,109 shares of the company's stock, valued at $1,624,573.29. This trade represents a 14.66% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 40,221 shares of company stock valued at $2,216,587. 26.40% of the stock is currently owned by company insiders.

Amkor Technology Stock Down 1.6%

Shares of NASDAQ AMKR opened at $46.38 on Wednesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.17 and a quick ratio of 1.91. The company has a 50-day moving average price of $55.10 and a 200-day moving average price of $61.12. The stock has a market capitalization of $11.52 billion, a P/E ratio of 20.80, a P/E/G ratio of 0.58 and a beta of 2.22. Amkor Technology, Inc. has a 1 year low of $26.16 and a 1 year high of $96.68.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last posted its earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.47 by $0.23. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The company had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the prior year, the business posted $0.22 EPS. The firm's revenue was up 25.6% compared to the same quarter last year. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, equities research analysts forecast that Amkor Technology, Inc. will post 2.6 EPS for the current fiscal year.

Amkor Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Wednesday, September 2nd will be paid a $0.0835 dividend. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. Amkor Technology's dividend payout ratio is 14.80%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on AMKR. UBS Group raised shares of Amkor Technology from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $80.00 to $90.00 in a research report on Friday, July 24th. Needham & Company LLC reaffirmed a "buy" rating and issued a $90.00 target price on shares of Amkor Technology in a research report on Tuesday, July 28th. B. Riley Financial cut their price target on Amkor Technology from $75.00 to $65.00 and set a "neutral" rating on the stock in a report on Tuesday, July 28th. Zacks Research raised Amkor Technology from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 20th. Finally, Weiss Ratings upgraded Amkor Technology from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Amkor Technology presently has a consensus rating of "Moderate Buy" and a consensus price target of $68.33.

Amkor Technology Profile

Amkor Technology, Inc NASDAQ: AMKR is a provider of outsourced semiconductor packaging and testing services. The company supports semiconductor manufacturers and electronics companies by assembling and testing integrated circuits after wafer fabrication, helping prepare chips for use in electronic devices.

Its services include wafer bumping and probing, semiconductor assembly, advanced packaging, final testing, and related product design and logistics support. Amkor offers packaging technologies for applications including communications, consumer electronics, computing, automotive, industrial, and other markets.

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