Jump Financial LLC Purchases 299,364 Shares of Amkor Technology, Inc. $AMKR

Key Points

• Jump Financial LLC significantly increased its holding in Amkor Technology, acquiring an additional 299,364 shares to reach a total of 318,364 shares, representing a near 1,575.6% growth in their position during the first quarter.
• Major shareholder John T. Kim and Sujoda Management, LLC each purchased 441,589 shares of Amkor Technology at an average price of $21.85, boosting their ownership by 13.19%.
• Analysts have mixed views on Amkor Technology, with a consensus rating of “Hold” and an average price target of $26.44, indicating cautious optimism regarding future performance.

Jump Financial LLC lifted its stake in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 1,575.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 318,364 shares of the semiconductor company's stock after purchasing an additional 299,364 shares during the quarter. Jump Financial LLC owned 0.13% of Amkor Technology worth $5,750,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of AMKR. AlphaQuest LLC bought a new position in shares of Amkor Technology during the first quarter worth about $53,000. Quantbot Technologies LP acquired a new stake in Amkor Technology in the first quarter valued at approximately $2,497,000. Northern Trust Corp grew its stake in Amkor Technology by 6.4% in the first quarter. Northern Trust Corp now owns 952,767 shares of the semiconductor company's stock valued at $17,207,000 after acquiring an additional 57,354 shares during the period. Raymond James Financial Inc. grew its stake in Amkor Technology by 20.5% in the first quarter. Raymond James Financial Inc. now owns 265,826 shares of the semiconductor company's stock valued at $4,801,000 after acquiring an additional 45,255 shares during the period. Finally, SW Investment Management LLC grew its stake in Amkor Technology by 89.3% in 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 acquiring an additional 1,250,000 shares during the period. 42.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on AMKR. Needham & Company LLC raised their price objective on Amkor Technology from $22.00 to $28.00 and gave the company a "buy" rating in a research note on Tuesday, July 29th. Morgan Stanley reissued an "equal weight" rating on shares of Amkor Technology in a research note on Tuesday, July 29th. B. Riley raised their price objective on Amkor Technology from $18.00 to $24.00 and gave the company a "neutral" rating in a research note on Tuesday, July 29th. The Goldman Sachs Group assumed coverage on Amkor Technology in a research report on Thursday, July 10th. They set a "neutral" rating and a $20.00 target price on the stock. Finally, UBS Group lifted their target price on Amkor Technology from $23.00 to $25.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Four research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $26.44.

Amkor Technology Stock Performance

Amkor Technology stock traded down $0.47 during mid-day trading on Friday, reaching $24.19. 1,500,983 shares of the company's stock were exchanged, compared to its average volume of 1,943,744. The business's fifty day simple moving average is $22.51 and its 200 day simple moving average is $20.19. The firm has a market capitalization of $5.98 billion, a PE ratio of 19.67 and a beta of 1.85. Amkor Technology, Inc. has a one year low of $14.03 and a one year high of $33.69. The company has a quick ratio of 1.70, a current ratio of 1.89 and a debt-to-equity ratio of 0.28.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last issued its quarterly earnings results on Monday, July 28th. The semiconductor company reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.06. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.42 billion. Amkor Technology had a return on equity of 7.23% and a net margin of 4.80%.Amkor Technology's quarterly revenue was up 3.4% compared to the same quarter last year. During the same period last year, the company posted $0.27 earnings per share. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. On average, sell-side analysts expect that Amkor Technology, Inc. will post 1.47 earnings per share for the current 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 issued a dividend of $0.0827 per share. This represents a $0.33 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Wednesday, September 3rd. Amkor Technology's dividend payout ratio (DPR) is 26.83%.

Insider Buying and Selling

In other Amkor Technology news, major shareholder Sujoda Management, Llc purchased 441,589 shares of the company's stock in a transaction that occurred on Friday, August 1st. The shares were acquired at an average cost of $21.85 per share, for a total transaction of $9,648,719.65. Following the completion of the acquisition, the insider owned 3,789,479 shares of the company's stock, valued at $82,800,116.15. The trade was a 13.19% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Mark N. Rogers sold 15,000 shares of Amkor Technology stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $23.58, for a total value of $353,700.00. Following the sale, the executive vice president owned 23,862 shares in the company, valued at $562,665.96. This trade represents a 38.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. 26.90% of the stock is currently owned by corporate insiders.

Amkor Technology Company 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.