AMKOR Technology Inc (AMKR) Stock Could Soon Reward Patient Investors

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).

Related Posts

News RTS
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.