Amkor TechnologyAMKR
Market Cap: $7.02B
About: Amkor Technology Inc is a provider of outsourced semiconductor packaging and test services to integrated device manufacturers, fabless semiconductor companies, and contract foundries. The firm's products are organized into two categories namely advanced products that include flip chip, fine pitch bumping, wafer-level processing, advanced SiPs, power modules, and others, and Mainstream products that includes wirebond packaging and testing. The company derives maximum revenue from the advanced products category. The company derives majority of its revenue from Foreign states.
Employees: 28,700
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
170% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 33
169% more call options, than puts
Call options by funds: $47.3M | Put options by funds: $17.6M
100% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]
24% more capital invested
Capital invested by funds: $3.41B [Q1] → $4.23B (+$812M) [Q2]
19% more repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 113
17% more funds holding
Funds holding: 332 [Q1] → 388 (+56) [Q2]
0.16% less ownership
Funds ownership: 43.09% [Q1] → 42.92% (-0.16%) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Needham Charles Shi 21% 1-year accuracy 14 / 67 met price target | 58%upside $45 | Buy Maintained | 30 Jul 2024 |
Morgan Stanley Joseph Moore 46% 1-year accuracy 22 / 48 met price target | 33%upside $38 | Equal-Weight Maintained | 2 Jul 2024 |
JP Morgan Peter Peng 13% 1-year accuracy 1 / 8 met price target | 68%upside $48 | Overweight Initiated | 1 Jul 2024 |
B. Riley Securities Craig Ellis 20% 1-year accuracy 11 / 55 met price target | 75%upside $50 | Buy Maintained | 20 Jun 2024 |
Financial journalist opinion
Based on 8 articles about AMKR published over the past 30 days