Cubist Systematic Strategies LLC lifted its position in shares of Amkor Technology, Inc. (NASDAQ:AMKR) by 73.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,260 shares of the semiconductor company’s stock after purchasing an additional 21,358 shares during the period. Cubist Systematic Strategies LLC’s holdings in Amkor Technology were worth $530,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in AMKR. AJO LP lifted its stake in shares of Amkor Technology by 313.9% in the second quarter. AJO LP now owns 5,119,841 shares of the semiconductor company’s stock worth $50,021,000 after acquiring an additional 3,882,836 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Amkor Technology by 7.6% in the second quarter. Dimensional Fund Advisors LP now owns 13,969,724 shares of the semiconductor company’s stock worth $136,485,000 after acquiring an additional 991,891 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Amkor Technology by 33.4% in the second quarter. JPMorgan Chase & Co. now owns 2,739,703 shares of the semiconductor company’s stock worth $26,767,000 after acquiring an additional 685,839 shares during the period. Vanguard Group Inc. lifted its stake in shares of Amkor Technology by 3.1% in the second quarter. Vanguard Group Inc. now owns 13,289,262 shares of the semiconductor company’s stock worth $129,836,000 after acquiring an additional 405,622 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of Amkor Technology by 67.1% in the third quarter. Bank of New York Mellon Corp now owns 963,347 shares of the semiconductor company’s stock worth $10,163,000 after acquiring an additional 386,799 shares during the period. Institutional investors own 39.38% of the company’s stock.
Amkor Technology, Inc. (NASDAQ:AMKR) traded up $0.07 during trading on Friday, hitting $10.91. The company had a trading volume of 625,140 shares, compared to its average volume of 843,938. Amkor Technology, Inc. has a one year low of $8.32 and a one year high of $12.48. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.92 and a current ratio of 1.16. The firm has a market capitalization of $2,610.00, a price-to-earnings ratio of 10.01 and a beta of 2.62.
Amkor Technology (NASDAQ:AMKR) last issued its quarterly earnings results on Monday, October 30th. The semiconductor company reported $0.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.03. Amkor Technology had a return on equity of 12.04% and a net margin of 6.41%. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same period in the previous year, the firm earned $0.25 earnings per share. The company’s revenue was up 4.5% compared to the same quarter last year. analysts predict that Amkor Technology, Inc. will post 0.51 EPS for the current year.
A number of research firms recently commented on AMKR. BidaskClub lowered Amkor Technology from a “hold” rating to a “sell” rating in a research note on Thursday, January 11th. ValuEngine lowered Amkor Technology from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, Zacks Investment Research lowered Amkor Technology from a “hold” rating to a “sell” rating in a research note on Wednesday, November 1st. Two equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. Amkor Technology currently has a consensus rating of “Hold” and a consensus price target of $10.50.
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Amkor Technology Profile
Amkor Technology, Inc is a provider of outsourced semiconductor packaging and test services. The Company’s packaging and test services are designed to meet application and chip specific requirements, including the type of interconnect technology; size, thickness and electrical, and mechanical and thermal performance.
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