AMKOR Technology Inc (NASDAQ: AMKR) is -48.82% lower on its value in year-to-date trading and has touched a low of $14.03 and a high of $41.86 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 $21.23 in the last trading session, with the day’s gains setting it 0.41%.
Currently trading at $21.64, the stock is 1.32% and 7.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.43 million and changing 1.93% at the moment leaves the stock -5.14% off its SMA200. AMKR registered -15.76% loss for a year compared to 6-month loss of -14.50%. The firm has a 50-day simple moving average (SMA 50) of $19.8228 and a 200-day simple moving average (SMA200) of $23.0546.
The stock witnessed a 5.82% gain in the last 1 month and extending the period to 3 months gives it a 26.70%, and is -1.14% 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 2.95% over the week and 2.95% over the month.
AMKOR Technology Inc (AMKR) has around 28300 employees, a market worth around $5.35B and $6.27B in sales. Current P/E ratio is 16.96 and Fwd P/E is 14.37. Profit margin for the company is 5.04%. Distance from 52-week low is 54.24% and -48.31% from its 52-week high. The company has generated returns on investments over the last 12 months (6.03%).
The EPS is expected to shrink by -23.79% this year
473.0 institutions hold shares in AMKOR Technology Inc (AMKR), with institutional investors hold 98.20% of the company’s shares. The shares outstanding are 247.06M, and float is at 99.86M with Short Float at 6.39%. Institutions hold 45.20% 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).
