Sei Investments Co. Buys 53,125 Shares of 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 Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 9.2% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 628,974 shares of the semiconductor company's stock after purchasing an additional 53,125 shares during the period. Sei Investments Co. owned about 0.25% of Amkor Technology worth $11,359,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in Amkor Technology by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 16,025,236 shares of the semiconductor company's stock worth $289,416,000 after purchasing an additional 361,010 shares during the period. First Trust Advisors LP boosted its stake in Amkor Technology by 7.9% in the 4th quarter. First Trust Advisors LP now owns 4,778,790 shares of the semiconductor company's stock worth $122,767,000 after purchasing an additional 350,809 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Amkor Technology by 4.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,092,078 shares of the semiconductor company's stock worth $37,783,000 after purchasing an additional 85,805 shares during the period. Principal Financial Group Inc. lifted its position in Amkor Technology by 0.9% in the 1st quarter. Principal Financial Group Inc. now owns 1,989,507 shares of the semiconductor company's stock worth $35,931,000 after buying an additional 17,214 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in Amkor Technology by 34.9% in the 4th quarter. Wellington Management Group LLP now owns 1,529,348 shares of the semiconductor company's stock worth $39,289,000 after buying an additional 395,242 shares in the last quarter. Institutional investors and hedge funds own 42.76% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on AMKR. JPMorgan Chase & Co. increased their target price on shares of Amkor Technology from $25.00 to $27.00 and gave the stock an "overweight" rating in a research 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 stock a "buy" rating in a research report on Tuesday, July 29th. Morgan Stanley reiterated an "equal weight" rating on shares of Amkor Technology in a research report on Tuesday, July 29th. 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. Finally, The Goldman Sachs Group started coverage on shares of Amkor Technology in a research report on Thursday, July 10th. They issued a "neutral" rating and a $20.00 target price for the company. 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, the company currently has an average rating of "Hold" and a consensus target price of $26.44.

Amkor Technology Stock Performance

AMKR traded down $0.3550 during trading on Tuesday, hitting $23.6950. The stock had a trading volume of 1,041,644 shares, compared to its average volume of 2,151,610. Amkor Technology, Inc. has a 12 month low of $14.03 and a 12 month high of $33.85. The company has a current ratio of 1.89, a quick ratio of 1.70 and a debt-to-equity ratio of 0.28. The firm has a market cap of $5.86 billion, a PE ratio of 19.26 and a beta of 1.85. The company has a 50 day simple moving average of $21.84 and a 200-day simple moving average of $20.15.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last issued its quarterly earnings data 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 net margin of 4.80% and a return on equity of 7.23%. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter in the prior year, the firm earned $0.27 earnings per share. The firm's 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 expect that Amkor Technology, Inc. will post 1.47 EPS for the current year.

Amkor Technology Dividend Announcement

The firm 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 $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%.

Insiders Place Their Bets

In other news, major shareholder John T. Kim bought 441,589 shares of the company's stock in a transaction dated Friday, August 1st. The stock was bought at an average cost of $21.85 per share, for a total transaction of $9,648,719.65. Following the transaction, 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Sujoda Management, Llc bought 441,589 shares of the company's stock in a transaction dated Friday, August 1st. The stock was purchased at an average price of $21.85 per share, with a total value of $9,648,719.65. Following the completion of the transaction, the insider directly owned 3,789,479 shares in the company, 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. Corporate 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.