Nuveen LLC Takes Position in Amkor Technology, Inc. $AMKR

Key Points

• Nuveen LLC acquired 266,523 shares of Amkor Technology, valued at approximately $4.81 million, bringing its total ownership to 0.11% of the company.
• The company reported earnings per share of $0.22 for the last quarter, exceeding analyst expectations of $0.16, with revenue rising 3.4% year-over-year.
• Amkor Technology has declared a quarterly dividend of $0.0827 per share, with a dividend yield of 1.4% and a payout ratio of 26.83%.

Nuveen LLC bought a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The fund bought 266,523 shares of the semiconductor company's stock, valued at approximately $4,813,000. Nuveen LLC owned 0.11% of Amkor Technology as of its most recent filing with the SEC.

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

Amkor Technology Stock Down 1.9%

Shares of NASDAQ:AMKR traded down $0.47 during trading on Monday, hitting $24.19. The company's stock had a trading volume of 1,500,983 shares, compared to its average volume of 1,912,773. The company has a market capitalization of $5.98 billion, a PE ratio of 19.67 and a beta of 1.96. Amkor Technology, Inc. has a fifty-two week low of $14.03 and a fifty-two week high of $33.69. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.70 and a current ratio of 1.89. The stock's 50-day moving average price is $22.58 and its two-hundred day moving average price is $20.19.

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

Amkor Technology Announces Dividend

The business 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. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Wednesday, September 3rd. Amkor Technology's payout ratio is 26.83%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on AMKR shares. The Goldman Sachs Group started coverage on Amkor Technology in a report on Thursday, July 10th. They issued a "neutral" rating and a $20.00 price target for the company. Morgan Stanley reaffirmed an "equal weight" rating on shares of Amkor Technology in a research report on Tuesday, July 29th. UBS Group raised their target price on Amkor Technology from $23.00 to $25.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. Needham & Company LLC boosted their price target on Amkor Technology from $22.00 to $28.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Finally, JPMorgan Chase & Co. upped their price target on Amkor Technology from $25.00 to $27.00 and gave the stock an "overweight" rating in a report on Tuesday, July 29th. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, Amkor Technology has a consensus rating of "Hold" and a consensus target price of $26.44.

Insider Activity at Amkor Technology

In related news, major shareholder John T. Kim bought 441,589 shares of the company's stock in a transaction dated Friday, August 1st. The stock was bought at an average price of $21.85 per share, with a total value of $9,648,719.65. Following the transaction, the insider owned 3,789,479 shares of the company's stock, valued at approximately $82,800,116.15. This trade represents a 13.19% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Mark N. Rogers sold 15,000 shares of the company's stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $23.58, for a total transaction of $353,700.00. Following the completion of the sale, the executive vice president owned 23,862 shares in the company, valued at approximately $562,665.96. This trade represents a 38.60% decrease in their position. 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.