AMKR Falls as Investors Appear to Lock In Gains Ahead of Earnings

Amkor Technology (AMKR) is down 8.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is profit-taking and cautious positioning ahead of Amkor’s second-quarter 2026 earnings report, which is scheduled for Monday, July 27, 2026 after the market close. The stock had surged just days earlier after Amkor announced a multiyear $1.5 billion strategic partnership with Nvidia, so today’s drop looks more like a reversal of that rally than a reaction to a new company-specific setback. ([amkortech.gcs-web.com](https://amkortech.gcs-web.com/news-releases/news-release-details/amkor-technology-announce-second-quarter-2026-financial-results?utm_source=openai))

Details:

Amkor said on July 23 that it entered a multiyear agreement with Nvidia worth $1.5 billion to expand advanced packaging and test capacity in the U.S., including Arizona operations. ([investing.com](https://www.investing.com/news/stock-market-news/nvidia-amkor-strike-15-billion-chip-packaging-deal-4810166))

That announcement initially sent the shares sharply higher in extended trading, creating room for a pullback once the excitement cooled. ([investing.com](https://www.investing.com/news/stock-market-news/nvidia-amkor-strike-15-billion-chip-packaging-deal-4810166))

Amkor is due to report second-quarter 2026 results after the close on July 27, which can lead to traders reducing exposure before the release. ([amkortech.gcs-web.com](https://amkortech.gcs-web.com/news-releases/news-release-details/amkor-technology-announce-second-quarter-2026-financial-results?utm_source=openai))

The broader chip group has also been volatile in July as investors reassess AI-related valuations and spending expectations, which may have added pressure to a stock that had just run up on bullish news. This could be because traders were unwilling to hold a recent winner into earnings during a shaky semiconductor tape. ([au.investing.com](https://au.investing.com/news/stock-market-news/wall-st-futures-rise-after-tech-rout-mideast-tariffs-in-focus-4551094?utm_source=openai))

Sources:

Amkor Technology, Investing.com, Reuters

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$AMKR Insider Trading Activity

$AMKR insiders have traded $AMKR stock on the open market 20 times in the past 6 months. Of those trades, 0 have been purchases and 20 have been sales.

Here’s a breakdown of recent trading of $AMKR stock by insiders over the last 6 months:

JOHN T KIM sold 10,000,000 shares for an estimated $484,900,000
INVESTMENTS, LP 915 sold 10,000,000 shares for an estimated $484,900,000
MARK N ROGERS (EVP & General Counsel) has made 0 purchases and 6 sales selling 30,000 shares for an estimated $1,869,250.
ROGER ANTHONY CAROLIN sold 20,000 shares for an estimated $1,524,800
GIL C. TILY sold 15,000 shares for an estimated $1,159,500
GUILLAUME MARIE JEAN RUTTEN sold 20,000 shares for an estimated $976,000
WINSTON J CHURCHILL has made 0 purchases and 2 sales selling 12,000 shares for an estimated $926,150.
KEVIN K. ENGEL (President and CEO) has made 0 purchases and 2 sales selling 17,816 shares for an estimated $854,070.
FARSHAD HAGHIGHI (Executive Vice President) sold 15,624 shares for an estimated $789,012
DOUGLAS A ALEXANDER has made 0 purchases and 2 sales selling 5,000 shares for an estimated $382,900.
MEGAN FAUST (CFO) has made 0 purchases and 2 sales selling 2,000 shares for an estimated $134,510.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$AMKR Hedge Fund Activity

We have seen 326 institutional investors add shares of $AMKR stock to their portfolio, and 176 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

DISCOVERY CAPITAL MANAGEMENT, LLC / CT removed 2,614,934 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $117,750,478
JANE STREET GROUP, LLC added 2,266,477 shares (+3578.1%) to their portfolio in Q1 2026, for an estimated $102,059,459
DIMENSIONAL FUND ADVISORS LP removed 1,781,422 shares (-13.9%) from their portfolio in Q1 2026, for an estimated $80,217,432
LSV ASSET MANAGEMENT removed 1,509,562 shares (-53.5%) from their portfolio in Q1 2026, for an estimated $67,975,576
TREXQUANT INVESTMENT LP added 1,066,184 shares (+inf%) to their portfolio in Q1 2026, for an estimated $48,010,265
VOLORIDGE INVESTMENT MANAGEMENT, LLC added 1,061,839 shares (+inf%) to their portfolio in Q1 2026, for an estimated $47,814,610
SQUAREPOINT OPS LLC added 966,791 shares (+inf%) to their portfolio in Q1 2026, for an estimated $43,534,598

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$AMKR Congressional Stock Trading

Members of Congress have traded $AMKR stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $AMKR stock by members of Congress over the last 6 months:

SENATOR MARKWAYNE MULLIN purchased up to $50,000 on 02/04.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$AMKR Price Targets

Multiple analysts have issued price targets for $AMKR recently. We have seen 5 analysts offer price targets for $AMKR in the last 6 months, with a median target of $69.0.

Here are some recent targets:

Craig Ellis from B. Riley Securities set a target price of $90.0 on 06/25/2026
Charles Shi from Needham set a target price of $90.0 on 04/28/2026
Joseph Moore from Morgan Stanley set a target price of $69.0 on 04/28/2026
James Schneider from Goldman Sachs set a target price of $65.0 on 04/28/2026
Peter Peng from JP Morgan set a target price of $65.0 on 02/10/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.