TSX higher on employment data
A ten percent owner of Amkor Technology Inc (NASDAQ:AMKR), Kim James J, disposed of 441,589 shares of common stock on August 1, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at $21.85, totaling approximately $9.6 million. The transaction comes as the stock, currently trading at $22.17, has experienced significant volatility, dropping 11.6% in the past week. According to InvestingPro analysis, the company appears slightly undervalued at its current market capitalization of $5.5 billion.
Following the transaction, Kim James J directly owns 2,341,239 shares of Amkor Technology.
Additionally, Kim James J indirectly owns 7,828,682 shares by John T. Kim Family Trust U/A dtd. 12/11/12, 1,957,350 shares by John T. Kim G-S Trust dtd. 12/11/12, 1,833,000 shares by Spouse, and 164,678 shares by self as Trustee of Trust U/A dtd. 12/11/12.
In other recent news, Amkor Technology reported strong second-quarter earnings for 2025, with both earnings per share and revenue surpassing forecasts. The company’s EPS was $0.22, exceeding the expected $0.16, and revenue reached $1.51 billion, compared to the anticipated $1.42 billion. Despite mixed third-quarter results, DA Davidson reiterated its Buy rating on Amkor Technology, noting that revenue exceeded expectations, although margins were softer than anticipated. KeyBanc maintained its Sector Weight rating after the second-quarter report, highlighting encouraging sales trends but noting a significant one-time benefit that contributed to the earnings beat. Needham raised its price target for Amkor Technology to $28.00 from $22.00, maintaining a Buy rating due to a "strong beat-and-raise quarter" and positive outlook on communications revenue. This revenue is expected to grow significantly, with an estimated 64% increase quarter-over-quarter, driven by gains in high-end smartphone socket placement. These developments reflect varied analyst perspectives on the company’s financial health and future prospects.
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