Amkor Technology (NASDAQ:AMKR) Cut to Hold at B. Riley

B. Riley downgraded shares of Amkor Technology (NASDAQ:AMKR - Free Report) from a strong-buy rating to a hold rating in a research report sent to investors on Monday morning,Zacks.com reports. B. Riley also issued estimates for Amkor Technology's Q2 2025 earnings at $0.06 EPS, Q3 2025 earnings at $0.48 EPS, Q4 2025 earnings at $0.65 EPS, FY2025 earnings at $1.29 EPS, Q1 2026 earnings at $0.38 EPS, Q2 2026 earnings at $0.34 EPS, Q3 2026 earnings at $0.52 EPS, Q4 2026 earnings at $0.46 EPS, FY2026 earnings at $1.69 EPS and FY2027 earnings at $1.93 EPS.

A number of other equities research analysts also recently issued reports on AMKR. JPMorgan Chase & Co. lowered their price target on shares of Amkor Technology from $42.00 to $30.00 and set an "overweight" rating on the stock in a report on Tuesday, February 11th. Needham & Company LLC reaffirmed a "buy" rating and issued a $34.00 price target on shares of Amkor Technology in a report on Tuesday, February 11th. Melius downgraded Amkor Technology from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $34.00 to $30.00 in a research report on Monday, January 6th. Melius Research cut Amkor Technology from a "strong-buy" rating to a "hold" rating in a research report on Monday, January 6th. Finally, Morgan Stanley lowered their price target on Amkor Technology from $26.00 to $24.00 and set an "equal weight" rating on the stock in a report on Tuesday, February 11th. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $31.50.

Amkor Technology Stock Performance

NASDAQ AMKR traded up $0.16 on Monday, hitting $17.55. 2,113,765 shares of the stock traded hands, compared to its average volume of 1,746,394. The firm has a market capitalization of $4.34 billion, a price-to-earnings ratio of 12.27 and a beta of 1.88. The business's fifty day moving average is $18.65 and its two-hundred day moving average is $23.70. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.90 and a current ratio of 2.11. Amkor Technology has a 12 month low of $14.03 and a 12 month high of $44.86.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last released its quarterly earnings data on Monday, February 10th. The semiconductor company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.37 by $0.06. Amkor Technology had a net margin of 5.60% and a return on equity of 8.59%. As a group, equities analysts anticipate that Amkor Technology will post 1.47 EPS for the current fiscal year.

Amkor Technology Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Thursday, March 13th were paid a $0.0827 dividend. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend was Thursday, March 13th. Amkor Technology's dividend payout ratio (DPR) is presently 23.08%.

Insider Activity at Amkor Technology

In other news, EVP Kevin Engel sold 5,489 shares of Amkor Technology stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $21.69, for a total value of $119,056.41. Following the sale, the executive vice president now directly owns 1,388 shares in the company, valued at approximately $30,105.72. This trade represents a 79.82 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Agnes C. Kim sold 869,565 shares of the firm's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $21.85, for a total value of $18,999,995.25. Following the completion of the sale, the insider now directly owns 10,020,870 shares of the company's stock, valued at $218,956,009.50. The trade was a 7.98 % decrease in their position. The disclosure for this sale can be found here. 26.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Amkor Technology

A number of large investors have recently modified their holdings of AMKR. Covea Finance boosted its position in Amkor Technology by 47.1% during the 4th quarter. Covea Finance now owns 62,500 shares of the semiconductor company's stock valued at $1,606,000 after acquiring an additional 20,000 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Amkor Technology by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 2,109,507 shares of the semiconductor company's stock valued at $54,209,000 after buying an additional 15,211 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Amkor Technology during the fourth quarter worth about $5,666,000. Blue Trust Inc. boosted its stake in Amkor Technology by 36.9% during the fourth quarter. Blue Trust Inc. now owns 3,418 shares of the semiconductor company's stock worth $88,000 after acquiring an additional 922 shares in the last quarter. Finally, Principal Financial Group Inc. grew its stake in shares of Amkor Technology by 212.6% in the 3rd quarter. Principal Financial Group Inc. now owns 1,361,084 shares of the semiconductor company's stock worth $41,647,000 after buying an additional 925,644 shares during the last quarter. Institutional investors own 42.76% of the company's stock.

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.