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Wednesday, March 22, 2023

This Is Too Hot For Amkor Technology Inc. (NASDAQ: AMKR), Let’s Take A Closer Look

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Amkor Technology Inc. (AMKR) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.23, or 0.88%, to $26.40. The Amkor Technology Inc. has recorded 18,283 volume in the after hours trading session.

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Stocks Info

As a NASDAQ listed company, AMKR falls under the Technology sector while operating within the Semiconductors industry segment. At the end of the last regular session, the stock closed at $26.17 and fluctuated between $26.50 as its day high and $25.73 as its day low. The current market capitalization of Amkor Technology Inc. is $6.48B. A total of 1.03 million shares were traded on the day, compared to an average of 1.01M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, AMKR has seen 13 BUY and 18 SELL insider trades, representing the acquisition of 1,108,331 and the disposition of 6,397,912 shares. Over the last 12 months, there were 43 BUYs and 45 SELLs from insiders. Insiders purchased 2,164,935 shares during that period but sold 10,995,289.

In the most recent transaction, Tily Gil C. sold 20,000 shares of AMKR for 25.81 per share on Feb 27. After the transaction, the Director now owns 137,924 company shares. In a previous transaction on Feb 23, Engel Kevin sold 14,250 shares at 25.26 per share. AMKR shares that Executive Vice President owns now total 3,021.

Among the insiders who sold shares, KIM SUSAN Y disposed of 1,920,000 shares on Feb 22 at a per-share price of $25.28. This resulted in the Member of 10% owner group (10) holding 7,261,498 shares of AMKR after the transaction. In another insider transaction, KIM JOHN T sold 1,920,000 shares at $25.28 per share on Feb 22. Company shares held by the Member of 10% owner group (9) now total 11,964,832.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Amkor Technology Inc. pays an annual dividend of $0.30, resulting in a dividend yield of 1.15%, and it has a price to earnings (P/E) ratio of 8.41. AMKR’s most recent ex-dividend date was 2/27/2023 when it declared a $0.0750 quarterly dividend that was paid in cash on 3/20/2023. Previously, the company paid the dividend on 12/27/2022 with an ex-dividend date of 12/5/2022. The AMKR stock dividend was $0.0750 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for AMKR in the last 3 months, the mean price target is $31.03 with high estimates of $35.00 and low estimates of $29.00. In terms of 52-week highs and lows, AMKR has a high of $31.38 and a low of $14.89.

As of this writing, AMKR has an earnings estimate of $0.7 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.7 per share and a lower estimate of $0.7. The company reported an EPS of $0.51 in the last quarter, which was 6.30% higher than expectations of $0.48.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 4 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AMKR is Buy with a score of 5.00. A total of 1 analysts rated the stock as Buy while 1 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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