14,978 Shares in Amkor Technology, Inc. $AMKR Bought by Virtu Financial LLC

Key Points

• Virtu Financial LLC has acquired a new stake in Amkor Technology, Inc., purchasing 14,978 shares valued at approximately $270,000.
• Several institutional investors significantly increased their positions in Amkor Technology during the 1st quarter, with some raising their stakes by over 400%.
• Amkor Technology recently reported earnings of $0.22 EPS for the quarter, exceeding analysts' expectations, and declared a quarterly dividend of $0.0827 per share.

Virtu Financial LLC bought a new position in Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 14,978 shares of the semiconductor company's stock, valued at approximately $270,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bessemer Group Inc. increased its holdings in Amkor Technology by 421.0% in the 4th quarter. Bessemer Group Inc. now owns 1,537 shares of the semiconductor company's stock worth $39,000 after purchasing an additional 1,242 shares in the last quarter. UMB Bank n.a. increased its holdings in Amkor Technology by 677.0% in the 1st quarter. UMB Bank n.a. now owns 1,756 shares of the semiconductor company's stock worth $32,000 after purchasing an additional 1,530 shares in the last quarter. Allworth Financial LP increased its holdings in Amkor Technology by 166.3% in the 1st quarter. Allworth Financial LP now owns 2,173 shares of the semiconductor company's stock worth $38,000 after purchasing an additional 1,357 shares in the last quarter. Versant Capital Management Inc increased its holdings in Amkor Technology by 467.7% in the 1st quarter. Versant Capital Management Inc now owns 3,009 shares of the semiconductor company's stock worth $54,000 after purchasing an additional 2,479 shares in the last quarter. Finally, Palouse Capital Management Inc. increased its holdings in Amkor Technology by 52.2% in the 1st quarter. Palouse Capital Management Inc. now owns 4,010 shares of the semiconductor company's stock worth $72,000 after purchasing an additional 1,375 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 equities analysts have issued reports on the company. 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. B. Riley increased their price target on Amkor Technology from $18.00 to $24.00 and gave the company a "neutral" rating in a research note on Tuesday, July 29th. Morgan Stanley reissued an "equal weight" rating on shares of Amkor Technology in a research note on Tuesday, July 29th. Needham & Company LLC increased their price target on Amkor Technology from $22.00 to $28.00 and gave the company a "buy" rating in a research note on Tuesday, July 29th. Finally, The Goldman Sachs Group assumed coverage on Amkor Technology in a research note on Thursday, July 10th. They issued a "neutral" rating and a $20.00 price target for the company. Four analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $26.44.

Insider Buying and Selling at Amkor Technology

In other news, major shareholder John T. Kim acquired 441,589 shares of Amkor Technology stock in a transaction on 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 purchase, the insider owned 3,789,479 shares of the company's stock, valued at approximately $82,800,116.15. The trade was a 13.19% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Sujoda Management, Llc acquired 441,589 shares of Amkor Technology 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 purchase, 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 position. The disclosure for this purchase can be found here. Insiders own 26.90% of the company's stock.

Amkor Technology Trading Up 0.9%

NASDAQ AMKR traded up $0.21 during trading hours on Thursday, hitting $23.21. 1,368,403 shares of the company's stock were exchanged, compared to its average volume of 2,698,747. The stock has a 50-day simple moving average of $22.02 and a 200 day simple moving average of $20.19. Amkor Technology, Inc. has a 1-year low of $14.03 and a 1-year high of $33.85. The firm has a market cap of $5.74 billion, a price-to-earnings ratio of 18.87 and a beta of 1.85. The company has a current ratio of 1.89, a quick ratio of 1.70 and a debt-to-equity ratio of 0.28.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last released its earnings results on Monday, July 28th. The semiconductor company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.16 by $0.06. Amkor Technology had a return on equity of 7.23% and a net margin of 4.80%.The business had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.42 billion. During the same quarter last year, the firm posted $0.27 earnings per share. The firm'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, equities analysts forecast that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.

Amkor Technology Announces Dividend

The company 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. This represents a $0.33 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, September 3rd. Amkor Technology's dividend payout ratio (DPR) is 26.83%.

Amkor Technology Company 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.