UG Investment Advisers Ltd. Sells 56,442 Shares of Amkor Technology, Inc. $AMKR

Key Points

• UG Investment Advisers Ltd. reduced its stake in Amkor Technology, Inc. by 4.8%, selling 56,442 shares and holding approximately 1,109,481 shares, which represent 4.4% of its total portfolio.
• Amkor Technology reported quarterly earnings of $0.22 per share, exceeding analysts' expectations, with revenue reaching $1.51 billion for the quarter.
• The company recently declared a quarterly dividend of $0.0827 per share, resulting in an annualized yield of 1.1% and a payout ratio of 26.83%.

UG Investment Advisers Ltd. lowered its position in Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 4.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,109,481 shares of the semiconductor company's stock after selling 56,442 shares during the period. Amkor Technology comprises about 4.4% of UG Investment Advisers Ltd.'s portfolio, making the stock its 4th largest position. UG Investment Advisers Ltd. owned about 0.45% of Amkor Technology worth $23,288,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Amkor Technology in the first quarter valued at about $27,000. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Amkor Technology by 416.8% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,602 shares of the semiconductor company's stock valued at $34,000 after purchasing an additional 1,292 shares during the last quarter. UMB Bank n.a. raised its holdings 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 purchasing an additional 1,530 shares during the last quarter. Allworth Financial LP raised its holdings 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 purchasing an additional 1,357 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its holdings in shares of 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 purchasing an additional 854 shares during the last quarter. Hedge funds and other institutional investors own 42.76% of the company's stock.

Amkor Technology Stock Performance

NASDAQ AMKR opened at $29.47 on Thursday. Amkor Technology, Inc. has a 52-week low of $14.03 and a 52-week high of $31.72. The company has a 50-day simple moving average of $24.93 and a 200 day simple moving average of $21.09. 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 company has a market capitalization of $7.28 billion, a PE ratio of 23.96 and a beta of 1.98.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last issued 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. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.42 billion. Amkor Technology had a net margin of 4.80% and a return on equity of 7.23%. The company's quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter last year, the business earned $0.27 earnings per share. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. On average, research analysts predict that Amkor Technology, Inc. will post 1.47 EPS for the current year.

Amkor Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 3rd were given a dividend of $0.0827 per share. This represents a $0.33 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Wednesday, September 3rd. Amkor Technology's dividend payout ratio (DPR) is currently 26.83%.

Insider Activity

In other Amkor Technology news, major shareholder Sujoda Management, Llc bought 441,589 shares of the business's stock in a transaction on Friday, August 1st. The stock was purchased 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 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 ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, major shareholder John T. Kim bought 441,589 shares of the business's stock in a transaction on Friday, August 1st. The shares were acquired at an average price of $21.85 per share, with a total value of $9,648,719.65. Following the transaction, the insider directly 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 disclosure for this purchase can be found here. Over the last three months, insiders have sold 36,792 shares of company stock valued at $948,500. 26.90% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

AMKR has been the subject of several analyst reports. B. Riley increased their target price on shares of Amkor Technology from $18.00 to $24.00 and gave the company a "neutral" rating in a report on Tuesday, July 29th. JPMorgan Chase & Co. increased their target price on shares of Amkor Technology from $25.00 to $27.00 and gave the company an "overweight" rating in a report on Tuesday, July 29th. The Goldman Sachs Group initiated coverage on shares of Amkor Technology in a research report on Thursday, July 10th. They set a "neutral" rating and a $20.00 price target for the company. Morgan Stanley restated an "equal weight" rating on shares of Amkor Technology in a report on Tuesday, July 29th. Finally, Wall Street Zen upgraded shares of Amkor Technology from a "hold" rating to a "buy" rating in a report on Friday, September 5th. Four analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Amkor Technology has an average rating of "Hold" and a consensus 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.

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