Ellsworth Advisors LLC Purchases 110,201 Shares of Amkor Technology, Inc. $AMKR

Key Points

• Ellsworth Advisors purchased 110,201 Amkor Technology shares worth approximately $5.77 million during the third quarter. Institutional investors and hedge funds collectively own 42.76% of the company.
• Amkor reported quarterly earnings of $0.70 per share and revenue of $1.90 billion, surpassing analyst expectations, while revenue increased 25.6% year over year. The company guided for third-quarter 2026 EPS of $0.72–$0.82.
• Analyst sentiment is generally positive, with a “Moderate Buy” consensus and an average price target of $68.33, although the stock recently opened at $44.05—well below its 50-day and 200-day moving averages.

Ellsworth Advisors LLC purchased a new stake in Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 110,201 shares of the semiconductor company's stock, valued at approximately $5,772,000.

Several other hedge funds have also recently bought and sold shares of the stock. BlackRock Inc. acquired a new stake in shares of Amkor Technology in the 2nd quarter valued at $1,060,005,000. Principal Financial Group Inc. grew its holdings in shares of Amkor Technology by 19.3% in the 1st 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 last quarter. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of Amkor Technology in the 2nd quarter worth about $152,110,000. Bank of New York Mellon Corp bought a new stake in shares of Amkor Technology in the 2nd quarter worth about $90,656,000. Finally, SG Americas Securities LLC increased its position in shares of Amkor Technology by 39.8% during the 1st quarter. SG Americas Securities LLC now owns 978,570 shares of the semiconductor company's stock worth $44,065,000 after purchasing an additional 278,521 shares in the last quarter. 42.76% of the stock is currently owned by institutional investors and hedge funds.

Amkor Technology Price Performance

Amkor Technology stock opened at $44.05 on Friday. The business's fifty day moving average is $51.03 and its two-hundred day moving average is $61.97. 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 cap of $10.94 billion, a P/E ratio of 19.75, a P/E/G ratio of 0.55 and a beta of 2.21. Amkor Technology, Inc. has a 52 week low of $29.50 and a 52 week high of $96.68.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last announced its earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.23. Amkor Technology had a return on equity of 12.27% and a net margin of 7.45%. The company had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same period last year, the company posted $0.22 earnings per share. The firm's quarterly 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. Equities research analysts forecast that Amkor Technology, Inc. will post 2.60 earnings per share for the current fiscal year.

Amkor Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Shareholders of record on Wednesday, September 2nd were issued a dividend of $0.0835 per share. The ex-dividend date of this dividend was Wednesday, September 2nd. This represents a $0.33 dividend on an annualized basis and a yield of 0.8%. Amkor Technology's dividend payout ratio is currently 14.80%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on AMKR. Morgan Stanley lifted their price target on shares of Amkor Technology from $69.00 to $70.00 and gave the company an "equal weight" rating in a report on Tuesday, July 28th. Weiss Ratings raised 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 raised their price objective for the stock from $80.00 to $90.00 in a report on Friday, July 24th. Needham & Company LLC reiterated a "buy" rating and issued a $90.00 target price on shares of Amkor Technology in a research note on Tuesday, July 28th. Finally, Zacks Research cut shares of Amkor Technology from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 28th. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $68.33.

Insider Transactions at Amkor Technology

In other Amkor Technology news, Director Douglas Alexander sold 5,000 shares of the firm's stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $55.00, for a total value of $275,000.00. Following the completion of the sale, the director owned 29,109 shares in the company, valued at approximately $1,600,995. This trade represents a 14.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Megan Faust sold 1,000 shares of the business's stock in a transaction dated Tuesday, October 13th. The stock was sold at an average price of $46.92, for a total transaction of $46,920.00. Following the completion of the transaction, the chief financial officer directly owned 133,105 shares of the company's stock, valued at approximately $6,245,286.60. This represents a 0.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 46,221 shares of company stock worth $2,538,507. Corporate insiders own 26.40% of the company's stock.

Amkor Technology Profile

Amkor Technology, Inc NASDAQ: AMKR is a provider of outsourced semiconductor packaging and testing services. The company works with semiconductor manufacturers, fabless chip designers, foundries and integrated device manufacturers to assemble, package and test integrated circuits before they are incorporated into electronic products.

Its services include advanced packaging, flip-chip and wirebond assembly, wafer-level processing, system-in-package solutions, wafer bumping and semiconductor testing.

Want to see what other hedge funds are holding AMKR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amkor Technology, Inc. (NASDAQ:AMKR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.