Trexquant Investment LP Buys 188,684 Shares of Amkor Technology, Inc. $AMKR

Key Points

• Trexquant Investment LP increased its stake in Amkor Technology by 154.8% during the first quarter, acquiring 188,684 additional shares.
• Amkor recently reported earnings of $0.22 per share for the last quarter, surpassing analyst expectations, and achieved a revenue of $1.51 billion.
• The company announced a quarterly dividend of $0.0827 per share, representing an annualized yield of 1.4%, to be paid on September 23rd.

Trexquant Investment LP lifted its position in Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 154.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 310,562 shares of the semiconductor company's stock after buying an additional 188,684 shares during the quarter. Trexquant Investment LP owned about 0.13% of Amkor Technology worth $5,609,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd bought a new position in shares of Amkor Technology in the first quarter valued at $27,000. UMB Bank n.a. grew its stake in shares of 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 buying an additional 1,530 shares in the last quarter. Allworth Financial LP grew its stake in shares of 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 buying an additional 1,357 shares in the last quarter. AlphaQuest LLC bought a new position in shares of Amkor Technology in the first quarter valued at $53,000. Finally, Versant Capital Management Inc lifted its holdings in Amkor Technology by 467.7% during the 1st 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 during the last quarter. 42.76% of the stock is owned by institutional investors.

Amkor Technology Stock Performance

Shares of AMKR traded up $0.35 during midday trading on Friday, reaching $24.64. 2,364,350 shares of the stock were exchanged, compared to its average volume of 1,664,032. Amkor Technology, Inc. has a twelve month low of $14.03 and a twelve month high of $32.47. The company has a quick ratio of 1.70, a current ratio of 1.89 and a debt-to-equity ratio of 0.28. The company has a market cap of $6.09 billion, a P/E ratio of 20.03 and a beta of 1.96. The stock's 50 day simple moving average is $22.83 and its 200 day simple moving average is $20.25.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last posted its 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 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 last year, the firm earned $0.27 earnings per share. The company's revenue was up 3.4% on a year-over-year basis. 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 earnings per share for the current year.

Amkor Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Wednesday, September 3rd will be issued a dividend of $0.0827 per share. The ex-dividend date of this dividend is Wednesday, September 3rd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.3%. Amkor Technology's dividend payout ratio (DPR) is currently 26.83%.

Insider Transactions at Amkor Technology

In related news, major shareholder John T. Kim purchased 441,589 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The shares were bought at an average price 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 of the company's stock, valued at approximately $82,800,116.15. This trade 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 through this link. Also, major shareholder Sujoda Management, Llc purchased 441,589 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The stock was bought at an average price of $21.85 per share, for a total transaction of $9,648,719.65. Following the transaction, 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 disclosure for this purchase can be found here. Insiders own 26.90% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. lifted their price objective 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. Morgan Stanley reaffirmed an "equal weight" rating on shares of Amkor Technology in a research report on Tuesday, July 29th. UBS Group lifted their price objective 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. B. Riley lifted their price objective 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, Wall Street Zen raised shares of Amkor Technology from a "hold" rating to a "buy" rating in a research report on Friday. Four research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Amkor Technology currently has a consensus rating of "Hold" and an average price target of $26.44.

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.