Petrus Trust Company LTA Grows Stock Holdings in Amkor Technology, Inc. $AMKR

Key Points

• Petrus Trust Company LTA increased its holdings in Amkor Technology, Inc. by 139.9% to a total of 37,074 shares, now valued at $670,000.
• Major shareholder John T. Kim purchased an additional 441,589 shares at an average cost of $21.85, raising his ownership by 13.19% to approximately $82.8 million in total holdings.
• Amkor Technology reported quarterly earnings of $0.22 EPS, exceeding estimates, and has declared a $0.0827 quarterly dividend, yielding 1.3% annually.

Petrus Trust Company LTA raised its position in Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 139.9% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 37,074 shares of the semiconductor company's stock after acquiring an additional 21,623 shares during the period. Petrus Trust Company LTA's holdings in Amkor Technology were worth $670,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of AMKR. Caitong International Asset Management Co. Ltd acquired a new position in shares of Amkor Technology during the 1st quarter worth approximately $27,000. UMB Bank n.a. raised its stake in Amkor Technology by 677.0% in the 1st quarter. UMB Bank n.a. now owns 1,756 shares of the semiconductor company's stock worth $32,000 after purchasing an additional 1,530 shares in the last quarter. Allworth Financial LP grew its position in Amkor Technology by 166.3% during the first quarter. Allworth Financial LP now owns 2,173 shares of the semiconductor company's stock worth $38,000 after buying an additional 1,357 shares in the last quarter. Advisors Asset Management Inc. lifted its position in shares of Amkor Technology by 61.8% during the 1st quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company's stock valued at $40,000 after acquiring an additional 854 shares during the period. Finally, AlphaQuest LLC acquired a new position in Amkor Technology during the first quarter valued at approximately $53,000. 42.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. B. Riley increased their price objective on shares of Amkor Technology from $18.00 to $24.00 and gave the company a "neutral" rating in a research note on Tuesday, July 29th. Morgan Stanley reiterated an "equal weight" rating on shares of Amkor Technology in a research report on Tuesday, July 29th. JPMorgan Chase & Co. increased 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. The Goldman Sachs Group initiated coverage on Amkor Technology in a research note on Thursday, July 10th. They set a "neutral" rating and a $20.00 price objective on the stock. Finally, Needham & Company LLC lifted their price target on Amkor Technology from $22.00 to $28.00 and gave the stock a "buy" rating in a report on Tuesday, July 29th. Four investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $26.44.

Amkor Technology Trading Up 2.4%

NASDAQ AMKR traded up $0.59 on Thursday, hitting $25.38. The company's stock had a trading volume of 2,489,956 shares, compared to its average volume of 2,138,493. The company has a current ratio of 1.89, a quick ratio of 1.70 and a debt-to-equity ratio of 0.28. Amkor Technology, Inc. has a 52-week low of $14.03 and a 52-week high of $32.47. The firm has a market cap of $6.27 billion, a P/E ratio of 20.63 and a beta of 1.96. The company's 50-day simple moving average is $23.03 and its 200 day simple moving average is $20.31.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last posted its 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 firm had revenue of $1.51 billion during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period last year, the company posted $0.27 EPS. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. Research analysts predict that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Wednesday, September 3rd will be given a $0.0827 dividend. The ex-dividend date of this dividend is Wednesday, September 3rd. This represents a $0.33 annualized dividend and a yield of 1.3%. Amkor Technology's dividend payout ratio is 26.83%.

Insider Activity at Amkor Technology

In other news, major shareholder Sujoda Management, Llc bought 441,589 shares of Amkor Technology stock in a transaction that occurred on Friday, August 1st. The stock was bought at an average cost of $21.85 per share, with a total value of $9,648,719.65. Following 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Mark N. Rogers sold 15,000 shares of the 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 completion of the sale, the executive vice president owned 23,862 shares of the company's stock, valued at $562,665.96. The trade was a 38.60% decrease in their position. The disclosure for this sale can be found here. Company insiders own 26.90% of the company's stock.

About Amkor Technology

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.