SW Investment Management LLC Buys 1,250,000 Shares of Amkor Technology, Inc. $AMKR

Key Points

• SW Investment Management LLC increased its holdings in Amkor Technology by 89.3% during the first quarter, acquiring an additional 1,250,000 shares to reach a total of 2,650,000 shares, valued at approximately $47.86 million.
• Amkor Technology's stock has recently been subject to analyst rating changes, with Goldman Sachs giving a "neutral" rating and a target price of $20, while Needham & Company raised their target from $22 to $28 with a "buy" rating.
• The semiconductor company reported a revenue of $1.51 billion for the last quarter, exceeding expectations, and posted earnings of $0.22 per share, surpassing the consensus estimate of $0.16 by $0.06.

SW Investment Management LLC grew its stake in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 89.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,650,000 shares of the semiconductor company's stock after purchasing an additional 1,250,000 shares during the quarter. Amkor Technology accounts for 14.7% of SW Investment Management LLC's investment portfolio, making the stock its 3rd biggest position. SW Investment Management LLC owned 1.07% of Amkor Technology worth $47,859,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd acquired a new position in shares of Amkor Technology in the first quarter worth about $27,000. UMB Bank n.a. raised its stake 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 in the last quarter. Allworth Financial LP raised its stake 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 buying an additional 1,357 shares in the last quarter. Bessemer Group Inc. raised its stake in Amkor Technology by 421.0% during the fourth quarter. Bessemer Group Inc. now owns 1,537 shares of the semiconductor company's stock valued at $39,000 after buying an additional 1,242 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake 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 buying an additional 2,479 shares in the last quarter. Institutional investors and hedge funds own 42.76% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Needham & Company LLC upped their target price on Amkor Technology from $22.00 to $28.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. DA Davidson lowered their target price on Amkor Technology from $36.00 to $30.00 and set a "buy" rating for the company in a report on Tuesday, April 29th. UBS Group upped their target price on Amkor Technology from $23.00 to $25.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. JPMorgan Chase & Co. upped their target price on Amkor Technology from $25.00 to $27.00 and gave the company an "overweight" rating in a report on Tuesday, July 29th. Finally, Morgan Stanley reaffirmed an "equal weight" rating on shares of Amkor Technology in a report on Tuesday, July 29th. Four investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Amkor Technology currently has an average rating of "Hold" and a consensus target price of $26.44.

Insiders Place Their Bets

In other Amkor Technology news, major shareholder John T. Kim purchased 441,589 shares of the stock in a transaction dated Friday, August 1st. The shares were bought at an average cost of $21.85 per share, with a total value of $9,648,719.65. Following the completion of the transaction, the insider owned 3,789,479 shares in the company, valued at $82,800,116.15. This trade represents a 13.19% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Sujoda Management, Llc purchased 441,589 shares of the business's stock in a transaction on Friday, August 1st. The stock was purchased at an average cost of $21.85 per share, with a total value of $9,648,719.65. Following the acquisition, the insider owned 3,789,479 shares in the company, valued at approximately $82,800,116.15. This represents a 13.19% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 26.90% of the company's stock.

Amkor Technology Price Performance

AMKR traded down $0.0610 during trading on Thursday, reaching $22.9390. The stock had a trading volume of 465,852 shares, compared to its average volume of 2,143,141. The firm has a market capitalization of $5.67 billion, a price-to-earnings ratio of 18.66 and a beta of 1.85. The company has a quick ratio of 1.70, a current ratio of 1.89 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 $33.85. The stock has a 50 day moving average of $21.96 and a two-hundred day moving average of $20.19.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last announced its quarterly earnings data on Monday, July 28th. The semiconductor company reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.06. Amkor Technology had a return on equity of 7.23% and a net margin of 4.80%.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 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. As a group, equities analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.

Amkor Technology Announces Dividend

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 dividend of $0.0827 per share. This represents a $0.33 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, September 3rd. Amkor Technology's dividend payout ratio is presently 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.