Sei Investments Co. Has $11.36 Million Stock Position in Amkor Technology, Inc. $AMKR

Key Points

• Sei Investments Co. increased its holdings in Amkor Technology by 9.2%, acquiring 53,125 additional shares, bringing its total ownership to 628,974 shares valued at approximately $11.36 million.
• Insider transactions include EVP Mark N. Rogers selling 15,000 shares at an average price of $23.58, while major shareholder Sujoda Management purchased 441,589 shares at $21.85 each, significantly increasing their stake.
• Amkor Technology reported earnings of $0.22 per share, surpassing estimates, with revenue of $1.51 billion, and announced a quarterly dividend of $0.0827 per share, providing a 1.3% yield.

Sei Investments Co. increased its position in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 9.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 628,974 shares of the semiconductor company's stock after acquiring an additional 53,125 shares during the period. Sei Investments Co. owned approximately 0.25% of Amkor Technology worth $11,359,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of AMKR. JPMorgan Chase & Co. grew its stake in shares of Amkor Technology by 6.4% in the 4th quarter. JPMorgan Chase & Co. now owns 263,998 shares of the semiconductor company's stock worth $6,782,000 after purchasing an additional 15,865 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in Amkor Technology by 19.4% during the fourth quarter. Wells Fargo & Company MN now owns 310,126 shares of the semiconductor company's stock worth $7,967,000 after buying an additional 50,347 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Amkor Technology by 8.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 571,448 shares of the semiconductor company's stock worth $14,680,000 after buying an additional 44,689 shares during the last quarter. Bank of Montreal Can grew its position in Amkor Technology by 8.1% in the fourth quarter. Bank of Montreal Can now owns 17,995 shares of the semiconductor company's stock worth $462,000 after buying an additional 1,346 shares during the last quarter. Finally, Renaissance Technologies LLC bought a new position in shares of Amkor Technology in the fourth quarter valued at $9,549,000. 42.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. UBS Group raised their price objective on Amkor Technology from $23.00 to $25.00 and gave the stock a "buy" rating in a research note on Tuesday, July 29th. DA Davidson decreased their price target on Amkor Technology from $36.00 to $30.00 and set a "buy" rating for the company in a research report on Tuesday, April 29th. Morgan Stanley restated an "equal weight" rating on shares of Amkor Technology in a report on Tuesday, July 29th. Needham & Company LLC upped their price objective on shares of Amkor Technology from $22.00 to $28.00 and gave the company a "buy" rating in a research note on Tuesday, July 29th. Finally, B. Riley raised their target price on shares of Amkor Technology from $18.00 to $24.00 and gave the stock a "neutral" rating in a report on Tuesday, July 29th. Four analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $26.44.

Amkor Technology Stock Down 3.1%

AMKR traded down $0.74 on Wednesday, reaching $23.00. 1,966,643 shares of the company traded hands, compared to its average volume of 2,665,908. The stock's 50 day moving average price is $21.96 and its 200-day moving average price is $20.19. Amkor Technology, Inc. has a 52-week low of $14.03 and a 52-week high of $33.85. The company has a market cap of $5.68 billion, a price-to-earnings ratio of 18.70 and a beta of 1.85. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.89 and a quick ratio of 1.70.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last released its earnings results on Monday, July 28th. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.06. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.42 billion. Amkor Technology had a net margin of 4.80% and a return on equity of 7.23%. The company's revenue was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.27 EPS. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. On average, sell-side analysts expect that Amkor Technology, Inc. will post 1.47 EPS 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. Investors of record on Wednesday, September 3rd will be issued a dividend of $0.0827 per share. This represents a $0.33 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Wednesday, September 3rd. Amkor Technology's dividend payout ratio (DPR) is currently 26.83%.

Insider Activity at Amkor Technology

In other news, major shareholder Sujoda Management, Llc bought 441,589 shares of the stock in a transaction on Friday, August 1st. The shares were purchased at an average price 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. This trade represents a 13.19% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder John T. Kim bought 441,589 shares of the company's stock in a transaction on 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 transaction, the insider owned 3,789,479 shares in the company, valued at approximately $82,800,116.15. The trade was a 13.19% increase in their ownership of the stock. The disclosure for this purchase can be found here. 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.