Millennium Management Adds $48M in Amkor Technology, Inc. ($AMKR)

Millennium Management has significantly boosted its position in Amkor Technology, Inc. (NasdaqGS: AMKR). According to its latest Form 13F filing with the SEC, the fund increased its holdings by 227%, adding 537,091 shares during the reporting period. This brings its total to 773,243 shares, valued at approximately $74.2 million as of the filing date.

What Changed in Millennium Management's Amkor Technology Position

Millennium Management's decision to add 537,091 shares to its Amkor Technology holdings represents a substantial increase of 227% from its previous total of 236,152 shares. The firm now holds 773,243 shares, worth about $74.2 million based on the latest filing. This move indicates a strong vote of confidence in the semiconductor packaging and test services provider.

Other Institutional Activity in Amkor Technology

Other institutional investors have also been active in Amkor Technology. BlackRock, Inc. grew its holdings by 45,820 shares, ending with 12,968,765 shares valued at approximately $584 million. Meanwhile, Dimensional Fund Advisors LP reduced its position by 1,781,422 shares, bringing its total down to 10,991,469 shares worth about $495 million. On the other hand, JPMorgan Chase & Co significantly increased its stake by 5,069,657 shares to 5,406,545 shares, valued at $223 million. State Street Corp also added 154,617 shares, resulting in a total of 3,628,542 shares valued at $163 million.

Amkor Technology Stock Snapshot

Shares of Amkor Technology (NasdaqGS: AMKR) traded near $96. The company has a market capitalization of $21.45 billion and a P/E ratio of 49.74. Its forward P/E is 35.30, reflecting growth expectations. The stock's 52-week range is between $19.79 and $96.68, with a 50-day moving average of $70.12 and a 200-day moving average of $47.16. Amkor's beta of 2.258 suggests higher volatility compared to the broader market.

Recent Earnings

In its most recent earnings report, Amkor Technology posted revenue of approximately $7.07 billion, reflecting a growth rate of 27.5%. The company's net margin was 6.17%, with a return on equity of 10.01%. The earnings per share stood at $1.74. The next earnings report is scheduled for July 27, 2026.

Dividend

Amkor Technology pays an annual dividend rate of $0.33, yielding 0.39% with a payout ratio of 19.1%.

Insider Buying and Selling at Amkor Technology, Inc.

Insider activity at Amkor Technology includes several transactions on June 12, 2026. Winston Churchill bought 5,000 shares and sold 10,000 shares at varying prices, while Susan Kim acquired 9,893 shares. Megan Faust, the CFO, sold 1,000 shares on both June 9 and May 19, 2026, under a Rule 10b5-1 plan.

Analysts Set New Price Targets

On April 28, 2026, B. Riley Securities maintained a "hold" rating on Amkor Technology with a $70 price target. Goldman Sachs and Morgan Stanley also maintained "hold" ratings with targets of $65 and $69, respectively. Needham reiterated a "buy" rating with a $90 target. Consensus among analysts is a mixed outlook, with a target mean price of $75.50 based on eight opinions.

About Amkor Technology

Amkor Technology, Inc., headquartered in Tempe, Arizona, provides outsourced semiconductor packaging and test services. The company offers a range of packaging solutions for various electronic applications, including smartphones, tablets, and automotive systems. With approximately 30,800 employees, Amkor serves integrated device manufacturers and other tech companies worldwide.

Bottom Line

Millennium Management's increased stake in Amkor Technology underscores its confidence in the company's prospects within the semiconductor industry. While 13F filings are backward-looking, they provide valuable insights into institutional investment trends. Investors often track these moves to gauge market sentiment and potential future performance.