SG Americas Securities LLC Takes Position in Amkor Technology, Inc. (AMKR)
SG Americas Securities LLC acquired a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 16,299 shares of the semiconductor company’s stock, valued at approximately $172,000.
Several other institutional investors also recently made changes to their positions in AMKR. Verition Fund Management LLC bought a new stake in Amkor Technology in the 2nd quarter valued at $108,000. Amalgamated Bank raised its stake 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 acquiring an additional 349 shares during the period. Cookson Peirce & Co. Inc. bought a new stake in Amkor Technology in the 2nd quarter valued at $130,000. Optimum Investment Advisors bought a new stake in Amkor Technology in the 2nd quarter valued at $144,000. Finally, Frontier Wealth Management LLC bought a new stake in Amkor Technology in the 2nd quarter valued at $156,000. Institutional investors own 39.38% of the company’s stock.
Shares of Amkor Technology, Inc. (NASDAQ:AMKR) opened at $10.32 on Tuesday. Amkor Technology, Inc. has a 12 month low of $8.32 and a 12 month high of $12.48. The company has a quick ratio of 0.92, a current ratio of 1.16 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $2,470.00, a price-to-earnings ratio of 9.47 and a beta of 2.62.
AMKR has been the topic of a number of research analyst reports. ValuEngine cut Amkor Technology from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Zacks Investment Research cut Amkor Technology from a “hold” rating to a “sell” rating in a research note on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $10.50.
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Amkor Technology Company 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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