AMKOR Technology Inc (NASDAQ: AMKR) is -26.08% lower on its value in year-to-date trading and has touched a low of $19.01 and a high of $44.19 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMKR stock was last observed hovering at around $19.42 in the last trading session, with the day’s loss setting it -0.43%.
Currently trading at $18.99, the stock is -10.21% and -19.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.86 million and changing -2.21% at the moment leaves the stock -35.08% off its SMA200. AMKR registered -42.53% loss for a year compared to 6-month loss of -33.15%. The firm has a 50-day simple moving average (SMA 50) of $23.5158 and a 200-day simple moving average (SMA200) of $29.57215.
The stock witnessed a -12.06% gain in the last 1 month and extending the period to 3 months gives it a -29.12%, and is -4.81% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.04% over the week and 3.88% over the month.
AMKOR Technology Inc (AMKR) has around 28300 employees, a market worth around $4.69B and $6.32B in sales. Current P/E ratio is 13.29 and Fwd P/E is 9.47. Profit margin for the company is 5.60%. Distance from 52-week low is -0.11% and -57.02% from its 52-week high. The company has generated returns on investments over the last 12 months (6.74%).
The EPS is expected to shrink by -0.31% this year
468.0 institutions hold shares in AMKOR Technology Inc (AMKR), with institutional investors hold 102.77% of the company’s shares. The shares outstanding are 246.68M, and float is at 99.73M with Short Float at 5.47%. Institutions hold 45.46% of the Float.
The top institutional shareholder in the company is DIMENSIONAL FUND ADVISORS LP with over 14.22 million shares valued at $569.05 million. The investor’s holdings represent 5.7749 of the AMKR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.76 million shares valued at $550.49 million to account for 5.5914 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 12.14 million shares representing 4.9334 and valued at over $485.71 million, while LSV ASSET MANAGEMENT holds 2.3783 of the shares totaling 5.86 million with a market value of $234.36 million.
AMKOR Technology Inc (AMKR) Insider Activity
The most recent transaction is an insider sale by KIM AGNES C, the company’s Member of 10% owner group (3). SEC filings show that KIM AGNES C sold 869,565 shares of the company’s common stock on Feb 24 ’25 at a price of $21.85 per share for a total of $19.0 million. Following the sale, the insider now owns 10.02 million shares.
AMKOR Technology Inc disclosed in a document filed with the SEC on Feb 24 ’25 that KIM DAVID D (Member of 10% owner group (5)) bought a total of 869,565 shares of the company’s common stock. The trade occurred on Feb 24 ’25 and was made at $21.85 per share for $19.0 million. Following the transaction, the insider now directly holds 3.35 million shares of the AMKR stock.
Still, SEC filings show that on Feb 24 ’25, SUJODA Investments, LP (Member of 10% owner group (2)) acquired 869,565 shares at an average price of $21.85 for $19.0 million. The insider now directly holds 3,347,890 shares of AMKOR Technology Inc (AMKR).
