AMKOR Technology Inc (NASDAQ: AMKR) is -29.51% lower on its value in year-to-date trading and has touched a low of $14.03 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 $18.02 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $18.11, the stock is -3.43% and 1.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.67 million and changing 0.50% at the moment leaves the stock -25.66% off its SMA200. AMKR registered -43.48% loss for a year compared to 6-month loss of -30.04%. The firm has a 50-day simple moving average (SMA 50) of $17.892 and a 200-day simple moving average (SMA200) of $24.60295.
The stock witnessed a 3.60% gain in the last 1 month and extending the period to 3 months gives it a -10.66%, and is -0.88% 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 2.38% over the week and 2.67% over the month.
AMKOR Technology Inc (AMKR) has around 28300 employees, a market worth around $4.47B and $6.27B in sales. Current P/E ratio is 14.20 and Fwd P/E is 12.06. Profit margin for the company is 5.04%. Distance from 52-week low is 29.08% and -59.01% from its 52-week high. The company has generated returns on investments over the last 12 months (6.03%).
with sales reaching $1.42B over the same period.The EPS is expected to shrink by -24.26% this year, but quarterly earnings will post -1.69% year-over-year. Quarterly sales are estimated to shrink -2.73% in year-over-year returns.
AMKOR Technology Inc (AMKR) Top Institutional Holders
481.0 institutions hold shares in AMKOR Technology Inc (AMKR), with institutional investors hold 99.90% of the company’s shares. The shares outstanding are 247.06M, and float is at 99.88M with Short Float at 7.13%. Institutions hold 45.19% 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 5.5864 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 12.14 million shares representing 4.929% 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).
