Jump Financial LLC grew its position in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 1,575.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 318,364 shares of the semiconductor company's stock after purchasing an additional 299,364 shares during the period. Jump Financial LLC owned approximately 0.13% of Amkor Technology worth $5,750,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in AMKR. SW Investment Management LLC raised its stake in shares of Amkor Technology by 89.3% during the first quarter. SW Investment Management LLC now owns 2,650,000 shares of the semiconductor company's stock valued at $47,859,000 after purchasing an additional 1,250,000 shares during the period. UG Investment Advisers Ltd. purchased a new stake in shares of Amkor Technology during the first quarter valued at approximately $21,057,000. Invesco Ltd. raised its stake in shares of Amkor Technology by 201.4% during the first quarter. Invesco Ltd. now owns 1,364,719 shares of the semiconductor company's stock valued at $24,647,000 after purchasing an additional 911,886 shares during the period. Wellington Management Group LLP increased its stake in shares of Amkor Technology by 34.9% in the fourth quarter. Wellington Management Group LLP now owns 1,529,348 shares of the semiconductor company's stock worth $39,289,000 after buying an additional 395,242 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Amkor Technology by 2.8% in the first quarter. Dimensional Fund Advisors LP now owns 13,398,430 shares of the semiconductor company's stock valued at $241,980,000 after acquiring an additional 365,975 shares in the last quarter. Hedge funds and other institutional investors own 42.76% of the company's stock.
Insider Activity at Amkor Technology
In other news, major shareholder Sujoda Management, Llc purchased 441,589 shares of the firm's stock in a transaction on Friday, August 1st. The stock was purchased at an average cost of $21.85 per share, with a total value of $9,648,719.65. Following the purchase, the insider owned 3,789,479 shares in the company, valued at $82,800,116.15. This trade represents a 13.19% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder John T. Kim purchased 441,589 shares of the stock in a transaction dated Friday, August 1st. The shares were purchased at an average price of $21.85 per share, for a total transaction of $9,648,719.65. Following the completion of the transaction, the insider owned 3,789,479 shares in the company, valued at $82,800,116.15. This trade represents a 13.19% increase in their position. 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 Amkor Technology stock traded up $0.08 during trading on Thursday, hitting $24.66. 1,460,139 shares of the stock were exchanged, compared to its average volume of 2,133,935. The stock's fifty day moving average is $22.34 and its 200 day moving average is $20.18. The stock has a market cap of $6.09 billion, a PE ratio of 20.05 and a beta of 1.85. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.70 and a current ratio of 1.89. Amkor Technology, Inc. has a 12 month low of $14.03 and a 12 month high of $33.69.
Amkor Technology (NASDAQ:AMKR - Get Free Report) last released its quarterly earnings results on Monday, July 28th. The semiconductor company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.16 by $0.06. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.42 billion. Amkor Technology had a net margin of 4.80% and a return on equity of 7.23%. The company's quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.27 earnings per share. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. As a group, sell-side analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current year.
Amkor Technology Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Wednesday, September 3rd will be issued a $0.0827 dividend. The ex-dividend date is Wednesday, September 3rd. This represents a $0.33 annualized dividend and a dividend yield of 1.3%. Amkor Technology's dividend payout ratio (DPR) is 26.83%.
Wall Street Analyst Weigh In
AMKR has been the topic of several recent analyst reports. Morgan Stanley reaffirmed an "equal weight" rating on shares of Amkor Technology in a report on Tuesday, July 29th. JPMorgan Chase & Co. upped their price target on shares of Amkor Technology from $25.00 to $27.00 and gave the company an "overweight" rating in a report on Tuesday, July 29th. B. Riley upped their price target on shares of Amkor Technology from $18.00 to $24.00 and gave the company a "neutral" rating in a report on Tuesday, July 29th. UBS Group upped their price target on shares of Amkor Technology from $23.00 to $25.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. Finally, The Goldman Sachs Group initiated coverage on shares of Amkor Technology in a report on Thursday, July 10th. They issued a "neutral" rating and a $20.00 price target on the stock. Four investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Amkor Technology currently has a consensus rating of "Hold" and a consensus target price of $26.44.
Check Out Our Latest Stock Report on AMKR
About Amkor Technology
(
Free Report)
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.
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