Scientech Research LLC Purchases Shares of 42,877 Amkor Technology, Inc. $AMKR

Key Points

• Scientech Research LLC has acquired a new stake in Amkor Technology, purchasing 42,877 shares valued at approximately $774,000.
• Several institutional investors, including Petrus Trust Company LTA and Jacobs Levy Equity Management Inc., significantly increased their holdings in Amkor Technology during the first quarter.
• Amkor Technology reported $1.51 billion in revenue during its latest quarterly earnings and announced a quarterly dividend of $0.0827 per share.

Scientech Research LLC purchased a new stake in Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 42,877 shares of the semiconductor company's stock, valued at approximately $774,000.

Several other large investors have also added to or reduced their stakes in AMKR. Caitong International Asset Management Co. Ltd bought a new stake in Amkor Technology in the first quarter valued at $27,000. UMB Bank n.a. boosted its holdings in Amkor Technology by 677.0% in the first quarter. UMB Bank n.a. now owns 1,756 shares of the semiconductor company's stock valued at $32,000 after acquiring an additional 1,530 shares in the last quarter. Allworth Financial LP boosted its holdings in Amkor Technology by 166.3% in the first 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 in the last quarter. Advisors Asset Management Inc. boosted its holdings in Amkor Technology by 61.8% in the first 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 in the last quarter. Finally, AlphaQuest LLC bought a new stake in Amkor Technology in the first quarter valued at $53,000. Institutional investors own 42.76% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have commented on the company. JPMorgan Chase & Co. raised their price objective on Amkor Technology from $25.00 to $27.00 and gave the company an "overweight" rating in a research report on Tuesday, July 29th. 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 report on Tuesday, July 29th. UBS Group raised their price objective on Amkor Technology from $23.00 to $25.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Morgan Stanley reissued an "equal weight" rating on shares of Amkor Technology in a research report on Tuesday, July 29th. Finally, 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 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 company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $26.44.

Insiders Place Their Bets

In other Amkor Technology news, EVP Farshad Haghighi sold 11,792 shares of the business's stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $25.00, for a total value of $294,800.00. Following the completion of the transaction, the executive vice president owned 8,354 shares of the company's stock, valued at approximately $208,850. The trade was a 58.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Sujoda Management, Llc bought 441,589 shares of the firm's stock in a transaction on Friday, August 1st. The stock was acquired at an average cost of $21.85 per share, with a total value of $9,648,719.65. Following the transaction, the insider owned 3,789,479 shares in the company, valued at $82,800,116.15. The trade was a 13.19% increase in their position. The disclosure for this purchase can be found here. 26.90% of the stock is owned by insiders.

Amkor Technology Stock Up 0.3%

Shares of AMKR traded up $0.08 during trading hours on Friday, hitting $25.46. The company had a trading volume of 1,628,107 shares, compared to its average volume of 2,135,781. The firm has a fifty day moving average price of $23.09 and a 200-day moving average price of $20.33. 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 has a market capitalization of $6.29 billion, a price-to-earnings ratio of 20.70 and a beta of 1.96. Amkor Technology, Inc. has a 52-week low of $14.03 and a 52-week high of $32.47.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate 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 in the previous year, the firm earned $0.27 EPS. Amkor Technology'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. On average, equities research analysts forecast that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.

Amkor Technology Dividend Announcement

The firm also recently announced 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 of this dividend is Wednesday, September 3rd. This represents a $0.33 dividend on an annualized basis and a yield of 1.3%. Amkor Technology's payout ratio is 26.83%.

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.