Tudor Investment Corp ET AL Lowers Holdings in Amkor Technology, Inc. (AMKR)

Tudor Investment Corp ET AL trimmed its stake in Amkor Technology, Inc. (NASDAQ:AMKR) by 26.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,746 shares of the semiconductor company’s stock after selling 9,456 shares during the period. Tudor Investment Corp ET AL’s holdings in Amkor Technology were worth $261,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in AMKR. Ameritas Investment Partners Inc. purchased a new stake in Amkor Technology in the 1st quarter valued at about $100,000. UBS Group AG boosted its position in Amkor Technology by 25.2% in the 1st quarter. UBS Group AG now owns 10,760 shares of the semiconductor company’s stock valued at $124,000 after buying an additional 2,164 shares during the period. Eagle Global Advisors LLC purchased a new stake in Amkor Technology in the 2nd quarter valued at about $124,000. Amalgamated Bank boosted its position in Amkor Technology by 2.8% in the 2nd quarter. Amalgamated Bank now owns 12,910 shares of the semiconductor company’s stock valued at $126,000 after buying an additional 349 shares during the period. Finally, ARP Americas LLC purchased a new stake in Amkor Technology in the 2nd quarter valued at about $128,000. 38.69% of the stock is owned by institutional investors.

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Shares of Amkor Technology, Inc. (AMKR) opened at 10.88 on Monday. The stock has a market cap of $2.60 billion, a PE ratio of 9.82 and a beta of 2.66. Amkor Technology, Inc. has a 12 month low of $8.32 and a 12 month high of $12.48. The stock has a 50 day moving average of $9.83 and a 200 day moving average of $10.48.

Amkor Technology (NASDAQ:AMKR) last announced its quarterly earnings data on Monday, July 31st. The semiconductor company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.03. The firm had revenue of $989.00 million during the quarter, compared to analysts’ expectations of $996.10 million. Amkor Technology had a net margin of 6.63% and a return on equity of 12.95%. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.02 earnings per share. On average, equities analysts anticipate that Amkor Technology, Inc. will post $0.54 earnings per share for the current fiscal year.

Several equities research analysts have issued reports on AMKR shares. BidaskClub cut shares of Amkor Technology from a “buy” rating to a “hold” rating in a research report on Wednesday, June 28th. Deutsche Bank AG reissued a “hold” rating and issued a $10.50 price objective (down from $12.00) on shares of Amkor Technology in a research report on Tuesday, August 1st. Finally, ValuEngine raised shares of Amkor Technology from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 1st.

About Amkor Technology

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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Institutional Ownership by Quarter for Amkor Technology (NASDAQ:AMKR)

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