Quantbot Technologies LP Buys New Position in Amkor Technology, Inc. $AMKR

Key Points

• Quantbot Technologies LP invested approximately $2.50 million in Amkor Technology, acquiring 138,287 shares during the first quarter, representing 0.06% of the company's total shares.
• Institutional investors collectively own 42.76% of Amkor Technology, with various firms increasing their holdings during the same period, including substantial increases by M&T Bank Corp and GAMMA Investing LLC.
• Amkor Technology reported a net margin of 4.80% and earnings per share of $0.22, which surpassed analysts' expectations, along with a revenue increase of 3.4% year-over-year.

Quantbot Technologies LP acquired a new stake in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 138,287 shares of the semiconductor company's stock, valued at approximately $2,497,000. Quantbot Technologies LP owned approximately 0.06% of Amkor Technology as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. CANADA LIFE ASSURANCE Co raised its position in shares of Amkor Technology by 0.5% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 90,081 shares of the semiconductor company's stock valued at $2,313,000 after buying an additional 484 shares in the last quarter. Transce3nd LLC grew its holdings in shares of Amkor Technology by 5.8% during the 1st quarter. Transce3nd LLC now owns 15,817 shares of the semiconductor company's stock valued at $283,000 after purchasing an additional 864 shares during the last quarter. Merit Financial Group LLC grew its holdings in shares of Amkor Technology by 6.4% during the 1st quarter. Merit Financial Group LLC now owns 14,595 shares of the semiconductor company's stock valued at $264,000 after purchasing an additional 873 shares during the last quarter. Assetmark Inc. grew its holdings in shares of Amkor Technology by 9.8% during the 1st quarter. Assetmark Inc. now owns 13,570 shares of the semiconductor company's stock valued at $245,000 after purchasing an additional 1,208 shares during the last quarter. Finally, CSS LLC IL grew its holdings in shares of Amkor Technology by 9.4% during the 4th quarter. CSS LLC IL now owns 15,340 shares of the semiconductor company's stock valued at $394,000 after purchasing an additional 1,320 shares during the last quarter. Hedge funds and other institutional investors own 42.76% of the company's stock.

Insider Buying and Selling at Amkor Technology

In related news, major shareholder Sujoda Management, Llc purchased 441,589 shares of Amkor Technology stock in a transaction dated Friday, August 1st. The stock was purchased at an average cost of $21.85 per share, for a total transaction of $9,648,719.65. Following the completion of the purchase, the insider directly 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 SEC, which is accessible through the SEC website. Also, major shareholder John T. Kim purchased 441,589 shares of Amkor Technology 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 completion of the purchase, the insider directly 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 disclosure for this purchase can be found here. 26.90% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on AMKR shares. Needham & Company LLC increased their target price on shares of Amkor Technology from $22.00 to $28.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. UBS Group increased their target price 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. DA Davidson reduced their target price on shares of Amkor Technology from $36.00 to $30.00 and set a "buy" rating on the stock in a report on Tuesday, April 29th. JPMorgan Chase & Co. increased their target price 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. Finally, The Goldman Sachs Group started coverage on shares of Amkor Technology in a report on Thursday, July 10th. They set a "neutral" rating and a $20.00 target price on the stock. Four research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $26.44.

Amkor Technology Trading Up 1.1%

Shares of NASDAQ:AMKR traded up $0.27 on Tuesday, hitting $24.42. The company had a trading volume of 320,052 shares, compared to its average volume of 2,132,402. The firm's 50-day simple moving average is $22.17 and its two-hundred day simple moving average is $20.12. Amkor Technology, Inc. has a 1 year low of $14.03 and a 1 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. The firm has a market capitalization of $6.04 billion, a price-to-earnings ratio of 19.83 and a beta of 1.85.

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. Amkor Technology had a net margin of 4.80% and a return on equity of 7.23%. The firm had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.42 billion. During the same period last year, the company posted $0.27 EPS. The company's quarterly revenue was up 3.4% compared to the same quarter last year. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. Equities analysts anticipate that Amkor Technology, Inc. will post 1.47 earnings per share for the current fiscal year.

Amkor Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 3rd will be paid 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 currently 26.83%.

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.