Russell Investments Group Ltd. Buys 112,465 Shares of Amkor Technology, Inc. $AMKR

Key Points

• Russell Investments Group Ltd. increased its holdings in Amkor Technology by 64.9% in Q1, bringing its total shares to 285,820, valued at approximately $5.16 million.
• Amkor Technology reported earnings of $0.22 per share for the last quarter, exceeding analysts’ expectations and marking a 3.4% year-over-year revenue increase to $1.51 billion.
• The company announced a quarterly dividend of $0.0827 per share, with a 1.4% dividend yield and a payout ratio of 26.83%.

Russell Investments Group Ltd. boosted its position in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 64.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 285,820 shares of the semiconductor company's stock after buying an additional 112,465 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.12% of Amkor Technology worth $5,162,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. UMB Bank n.a. grew 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 during the period. Allworth Financial LP lifted its holdings in Amkor Technology by 166.3% during the first quarter. Allworth Financial LP now owns 2,173 shares of the semiconductor company's stock valued at $38,000 after purchasing an additional 1,357 shares in the last quarter. Versant Capital Management Inc lifted its holdings in Amkor Technology by 467.7% during the first quarter. Versant Capital Management Inc now owns 3,009 shares of the semiconductor company's stock valued at $54,000 after purchasing an additional 2,479 shares in the last quarter. Palouse Capital Management Inc. lifted its holdings in Amkor Technology by 52.2% during the first quarter. Palouse Capital Management Inc. now owns 4,010 shares of the semiconductor company's stock valued at $72,000 after purchasing an additional 1,375 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in shares of Amkor Technology by 54.9% in the first quarter. GAMMA Investing LLC now owns 4,853 shares of the semiconductor company's stock worth $88,000 after buying an additional 1,721 shares in the last quarter. Institutional investors and hedge funds own 42.76% of the company's stock.

Amkor Technology Stock Up 0.9%

NASDAQ:AMKR traded up $0.23 during trading hours on Tuesday, hitting $24.38. The stock had a trading volume of 629,098 shares, compared to its average volume of 2,134,387. 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 1-year low of $14.03 and a 1-year high of $33.69. The business has a 50 day simple moving average of $22.17 and a two-hundred day simple moving average of $20.12. The company has a market cap of $6.02 billion, a PE ratio of 19.83 and a beta of 1.85.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last released its quarterly earnings results on Monday, July 28th. The semiconductor company reported $0.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.06. Amkor Technology had a net margin of 4.80% and a return on equity of 7.23%. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter last year, the company earned $0.27 earnings per share. The business'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. Analysts predict that Amkor Technology, Inc. will post 1.47 EPS for the current year.

Amkor Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 3rd will be given a $0.0827 dividend. The ex-dividend date is Wednesday, September 3rd. This represents a $0.33 annualized dividend and a yield of 1.4%. Amkor Technology's payout ratio is 26.83%.

Insider Buying and Selling at Amkor Technology

In other news, major shareholder John T. Kim acquired 441,589 shares of Amkor Technology stock in a transaction 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 completion of the purchase, the insider owned 3,789,479 shares of the company's stock, valued at $82,800,116.15. This represents a 13.19% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Sujoda Management, Llc acquired 441,589 shares of Amkor Technology stock in a transaction on Friday, August 1st. The shares were purchased at an average cost 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 represents a 13.19% increase in their position. The disclosure for this purchase can be found here. Insiders own 26.90% of the company's stock.

Analyst Ratings Changes

AMKR has been the subject of a number of research reports. Needham & Company LLC lifted their price objective 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. Morgan Stanley reiterated an "equal weight" rating on shares of Amkor Technology in a report on Tuesday, July 29th. JPMorgan Chase & Co. increased their price objective on shares of 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 started coverage on shares of Amkor Technology in a research report on Thursday, July 10th. They set a "neutral" rating and a $20.00 target price for the company. Finally, B. Riley increased their target price on shares of Amkor Technology from $18.00 to $24.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 29th. Four research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $26.44.

Amkor Technology 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.