Amkor Technology (NASDAQ:AMKR) Director Douglas Alexander Sells 5,000 Shares of Stock

Key Points

• Amkor Technology director Douglas Alexander sold 5,000 shares at an average price of $55, generating $275,000. The sale reduced his stake by 14.66% and was conducted under a pre-arranged Rule 10b5-1 trading plan.
• AMKR shares recently fell 2.3% to $53.39, while the company reported quarterly earnings of $0.70 per share and revenue of $1.90 billion, exceeding analyst expectations.
• Analyst sentiment remains moderately positive, with six Buy and six Hold ratings and a consensus price target of $68.33. Amkor also pays a quarterly dividend of $0.0835 per share, yielding approximately 0.6%.

Amkor Technology, Inc. (NASDAQ:AMKR - Get Free Report) Director Douglas Alexander sold 5,000 shares of the company's stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $55.00, for a total value of $275,000.00. Following the sale, the director owned 29,109 shares in the company, valued at $1,600,995. The trade was a 14.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amkor Technology Stock Down 2.3%

AMKR stock traded down $1.24 during mid-day trading on Tuesday, reaching $53.39. The company had a trading volume of 2,912,774 shares, compared to its average volume of 4,860,481. The company has a market capitalization of $13.26 billion, a price-to-earnings ratio of 23.94, a PEG ratio of 0.69 and a beta of 2.21. Amkor Technology, Inc. has a 52 week low of $28.19 and a 52 week high of $96.68. The stock has a 50 day simple moving average of $51.25 and a two-hundred day simple moving average of $61.88. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.17 and a quick ratio of 1.91.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last released its earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.23. The business had revenue of $1.90 billion during the quarter, compared to analysts' expectations of $1.81 billion. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The firm's revenue was up 25.6% on a year-over-year basis. During the same period last year, the business earned $0.22 earnings per share. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, equities analysts predict that Amkor Technology, Inc. will post 2.6 earnings per share for the current fiscal year.

Amkor Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Investors of record on Wednesday, September 2nd were issued a dividend of $0.0835 per share. The ex-dividend date was Wednesday, September 2nd. This represents a $0.33 dividend on an annualized basis and a yield of 0.6%. Amkor Technology's dividend payout ratio (DPR) is presently 14.80%.

Wall Street Analysts Forecast Growth

AMKR has been the subject of a number of recent analyst reports. Zacks Research cut Amkor Technology from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 28th. B. Riley Financial decreased their target price on Amkor Technology from $75.00 to $65.00 and set a "neutral" rating on the stock in a report on Tuesday, July 28th. UBS Group upgraded Amkor Technology from a "neutral" rating to a "buy" rating and increased their price target for the company from $80.00 to $90.00 in a research note on Friday, July 24th. Weiss Ratings raised shares of Amkor Technology from a "hold (c)" rating to a "hold (c+)" rating in a research report on Friday, July 31st. Finally, Bank of America assumed coverage on shares of Amkor Technology in a report on Thursday, August 27th. They issued a "buy" rating and a $70.00 price objective on the stock. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $68.33.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Bessemer Group Inc. boosted its stake in Amkor Technology by 12.5% during the 1st quarter. Bessemer Group Inc. now owns 1,216 shares of the semiconductor company's stock worth $55,000 after purchasing an additional 135 shares during the last quarter. Arista Wealth Management LLC boosted its position in Amkor Technology by 1.2% during the second quarter. Arista Wealth Management LLC now owns 13,642 shares of the semiconductor company's stock worth $1,176,000 after acquiring an additional 157 shares during the last quarter. CoreCap Advisors LLC boosted its position in Amkor Technology by 56.4% during the second quarter. CoreCap Advisors LLC now owns 438 shares of the semiconductor company's stock worth $38,000 after acquiring an additional 158 shares during the last quarter. Evolve Private Wealth LLC grew its stake in Amkor Technology by 3.0% during the 1st quarter. Evolve Private Wealth LLC now owns 7,615 shares of the semiconductor company's stock valued at $343,000 after acquiring an additional 222 shares in the last quarter. Finally, Strs Ohio grew its stake in Amkor Technology by 8.6% during the 1st quarter. Strs Ohio now owns 2,971 shares of the semiconductor company's stock valued at $134,000 after acquiring an additional 235 shares in the last quarter. Institutional investors own 42.76% of the company's stock.

Amkor Technology Company Profile

Amkor Technology, Inc NASDAQ: AMKR is a provider of outsourced semiconductor packaging and testing services. The company works with semiconductor manufacturers, fabless chip designers, foundries and integrated device manufacturers to assemble, package and test integrated circuits before they are incorporated into electronic products.

Its services include advanced packaging, flip-chip and wirebond assembly, wafer-level processing, system-in-package solutions, wafer bumping and semiconductor testing.

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