Stock Traders Buy High Volume of Call Options on Amkor Technology (NASDAQ:AMKR)

Key Points

• Amkor Technology saw a significant increase in call options trading, with 4,916 call options purchased—a rise of approximately 80% from the average volume.
• Multiple analysts have raised their target prices for Amkor Technology, with JPMorgan increasing it to $27.00 and B. Riley to $24.00, while the consensus rating remains a "Hold" with an average target of $26.44.
• The company plans to continue its dividend policy, with a recently declared quarterly dividend of $0.0827, translating to an annualized yield of 1.1%.

Amkor Technology, Inc. (NASDAQ:AMKR - Get Free Report) was the target of some unusual options trading activity on Tuesday. Stock traders acquired 4,916 call options on the company. This represents an increase of approximately 80% compared to the average volume of 2,732 call options.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. JPMorgan Chase & Co. lifted their target price on shares of Amkor Technology from $25.00 to $27.00 and gave the stock an "overweight" rating in a report on Tuesday, July 29th. B. Riley lifted their target price on shares of Amkor Technology from $18.00 to $24.00 and gave the stock a "neutral" rating in a report on Tuesday, July 29th. Weiss Ratings restated a "hold (c)" rating on shares of Amkor Technology in a report on Saturday, September 27th. Wall Street Zen upgraded shares of Amkor Technology from a "hold" rating to a "buy" rating in a report on Friday, September 5th. Finally, The Goldman Sachs Group started coverage on shares of Amkor Technology in a report on Thursday, July 10th. They set a "neutral" rating and a $20.00 price objective on the stock. Four research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Amkor Technology presently has a consensus rating of "Hold" and an average price target of $26.44.

Insider Buying and Selling at Amkor Technology

In related news, CEO Guillaume Marie Jean Rutten sold 10,000 shares of Amkor Technology stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $30.00, for a total value of $300,000.00. Following the transaction, the chief executive officer owned 358,007 shares in the company, valued at $10,740,210. This trade represents a 2.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Mark N. Rogers sold 15,000 shares of Amkor Technology stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $23.58, for a total transaction of $353,700.00. Following the completion of the transaction, the executive vice president owned 23,862 shares in the company, valued at $562,665.96. This trade represents a 38.60% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 36,792 shares of company stock worth $948,500 in the last ninety days. Company insiders own 26.90% of the company's stock.

Hedge Funds Weigh In On Amkor Technology

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Moody National Bank Trust Division acquired a new position in Amkor Technology in the third quarter valued at about $587,000. GAMMA Investing LLC raised its stake in shares of Amkor Technology by 9.2% in the third quarter. GAMMA Investing LLC now owns 8,074 shares of the semiconductor company's stock worth $229,000 after acquiring an additional 678 shares during the last quarter. Corient Private Wealth LLC raised its stake in shares of Amkor Technology by 10.9% in the second quarter. Corient Private Wealth LLC now owns 51,587 shares of the semiconductor company's stock worth $1,083,000 after acquiring an additional 5,082 shares during the last quarter. Osaic Holdings Inc. raised its stake in shares of Amkor Technology by 189.4% in the second quarter. Osaic Holdings Inc. now owns 4,182 shares of the semiconductor company's stock worth $88,000 after acquiring an additional 2,737 shares during the last quarter. Finally, Orion Porfolio Solutions LLC raised its stake in shares of Amkor Technology by 120.4% in the second quarter. Orion Porfolio Solutions LLC now owns 24,736 shares of the semiconductor company's stock worth $519,000 after acquiring an additional 13,514 shares during the last quarter. 42.76% of the stock is currently owned by institutional investors and hedge funds.

Amkor Technology Price Performance

Shares of Amkor Technology stock traded down $1.22 during trading on Tuesday, hitting $29.35. 3,017,653 shares of the company's stock traded hands, compared to its average volume of 2,169,210. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.89 and a quick ratio of 1.70. The firm's fifty day moving average price is $25.45 and its 200 day moving average price is $21.33. Amkor Technology has a twelve month low of $14.03 and a twelve month high of $33.54. The company has a market cap of $7.25 billion, a PE ratio of 24.11 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, beating the consensus estimate of $0.16 by $0.06. Amkor Technology had a net margin of 4.80% and a return on equity of 7.23%. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same period in the previous year, the business earned $0.27 EPS. 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. Analysts forecast that Amkor Technology will post 1.47 earnings per share for the current year.

Amkor Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 3rd were given a $0.0827 dividend. The ex-dividend date was Wednesday, September 3rd. This represents a $0.33 dividend on an annualized basis and a yield of 1.1%. Amkor Technology's payout ratio 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.

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