Amkor Technology Inc (NASDAQ:AMKR): Stock Institutional Investors Are Happy About

May 17, 2018 - By Julie Dion

Amkor Technology, Inc. (NASDAQ:AMKR) Logo

Sentiment for Amkor Technology Inc (NASDAQ:AMKR)

Amkor Technology Inc (NASDAQ:AMKR) institutional sentiment increased to 1.55 in 2017 Q4. Its up 0.55, from 1 in 2017Q3. The ratio is positive, as 93 hedge funds increased or started new holdings, while 60 sold and decreased their stakes in Amkor Technology Inc. The hedge funds in our partner’s database now hold: 93.08 million shares, up from 90.55 million shares in 2017Q3. Also, the number of hedge funds holding Amkor Technology Inc in their top 10 holdings decreased from 3 to 0 for a decrease of 3. Sold All: 14 Reduced: 46 Increased: 57 New Position: 36.

Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States and internationally. The company has market cap of $2.11 billion. The firm offers turnkey packaging and test services, including semiconductor wafer bumps, wafer probes, wafer back-grinds, package design, packaging, and test and drop shipment services. It has a 8.1 P/E ratio. The Company’s packages employ wirebond, flip chip, and copper clip and other interconnect technologies.

The stock increased 0.17% or $0.01 during the last trading session, reaching $8.82. About 51,296 shares traded. Amkor Technology, Inc. (NASDAQ:AMKR) has declined 9.23% since May 17, 2017 and is downtrending. It has underperformed by 20.78% the S&P500.

Analysts await Amkor Technology, Inc. (NASDAQ:AMKR) to report earnings on July, 30. They expect $0.05 EPS, down 64.29 % or $0.09 from last year’s $0.14 per share. AMKR’s profit will be $11.98 million for 44.10 P/E if the $0.05 EPS becomes a reality. After $0.04 actual EPS reported by Amkor Technology, Inc. for the previous quarter, Wall Street now forecasts 25.00 % EPS growth.

Walthausen & Co. Llc holds 1.67% of its portfolio in Amkor Technology, Inc. for 1.76 million shares. Matarin Capital Management Llc owns 1.34 million shares or 1.05% of their US portfolio. Moreover, Piermont Capital Management Inc. has 0.92% invested in the company for 280,060 shares. The Vermont-based Hanson & Doremus Investment Management has invested 0.43% in the stock. Zebra Capital Management Llc, a Connecticut-based fund reported 119,193 shares.

Since January 1, 0001, it had 0 buys, and 1 sale for $681,400 activity.

Another recent and important Amkor Technology, Inc. (NASDAQ:AMKR) news was published by Nasdaq.com which published an article titled: “Recent Analysis Shows Amkor Technology, Nielsen Holdings Plc, Dean Foods, Citizens Financial Group, The Bank of …” on May 10, 2018.

Amkor Technology, Inc. (NASDAQ:AMKR) Institutional Positions Chart

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