Hanson & Doremus Investment Management trimmed its position in shares of Amkor Technology, Inc. (NASDAQ:AMKR) by 2.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 111,564 shares of the semiconductor company’s stock after selling 3,214 shares during the quarter. Hanson & Doremus Investment Management’s holdings in Amkor Technology were worth $832,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of AMKR. Public Employees Retirement System of Ohio grew its position in Amkor Technology by 1.4% during the fourth quarter. Public Employees Retirement System of Ohio now owns 107,369 shares of the semiconductor company’s stock worth $704,000 after buying an additional 1,489 shares during the period. Legal & General Group Plc grew its position in shares of Amkor Technology by 1.9% in the fourth quarter. Legal & General Group Plc now owns 101,960 shares of the semiconductor company’s stock valued at $668,000 after purchasing an additional 1,923 shares during the last quarter. Quantamental Technologies LLC grew its position in shares of Amkor Technology by 57.0% in the first quarter. Quantamental Technologies LLC now owns 11,462 shares of the semiconductor company’s stock valued at $98,000 after purchasing an additional 4,163 shares during the last quarter. NumerixS Investment Technologies Inc grew its position in shares of Amkor Technology by 49.1% in the first quarter. NumerixS Investment Technologies Inc now owns 17,000 shares of the semiconductor company’s stock valued at $144,000 after purchasing an additional 5,600 shares during the last quarter. Finally, CWM Advisors LLC grew its position in shares of Amkor Technology by 35.2% in the second quarter. CWM Advisors LLC now owns 23,855 shares of the semiconductor company’s stock valued at $178,000 after purchasing an additional 6,215 shares during the last quarter. Institutional investors and hedge funds own 38.16% of the company’s stock.

NASDAQ:AMKR traded up $0.16 during trading hours on Friday, reaching $8.20. 507,712 shares of the company were exchanged, compared to its average volume of 597,287. The company has a current ratio of 1.36, a quick ratio of 1.21 and a debt-to-equity ratio of 0.70. The stock has a market cap of $1.93 billion, a price-to-earnings ratio of 15.47 and a beta of 2.03. Amkor Technology, Inc. has a 52-week low of $5.72 and a 52-week high of $9.74. The company’s 50 day moving average is $7.39.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings results on Thursday, May 2nd. The semiconductor company reported ($0.10) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.16) by $0.06. The company had revenue of $895.00 million for the quarter, compared to the consensus estimate of $883.32 million. Amkor Technology had a net margin of 2.26% and a return on equity of 6.03%. Amkor Technology’s revenue was down 12.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.04 earnings per share. On average, analysts forecast that Amkor Technology, Inc. will post 0.19 EPS for the current fiscal year.

Several analysts have recently commented on AMKR shares. TheStreet lowered shares of Wayside Technology Group from a “b-” rating to a “c” rating in a research report on Wednesday, May 22nd. ValuEngine upgraded shares of Zumiez from a “sell” rating to a “hold” rating in a research report on Monday, July 22nd. Zacks Investment Research lowered shares of GENEL ENERGY PL/ADR from a “buy” rating to a “hold” rating in a research report on Tuesday, May 7th. Finally, BidaskClub downgraded shares of Westport Fuel Systems from a “buy” rating to a “hold” rating in a research note on Friday, July 19th. One analyst has rated the stock with a sell rating, three have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $7.75.

About Amkor Technology

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States and internationally. The company offers turnkey packaging and test services, including semiconductor wafer bumps, wafer probes, wafer back-grinds, package design, packaging, and test and drop shipment services.

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

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