Amkor Technology jumps on strong Q1 results, upbeat Q2 outlook, and capital-return/capital-raise headlines

Amkor Technology (AMKR) is up 7.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to investor follow-through from Amkor’s strong Q1 2026 results and its Q2 2026 outlook, alongside a newly authorized share repurchase program. Another possible technical driver is positioning/hedging activity around the company’s recently priced convertible notes and related capped-call transactions.

Details:

Amkor reported record Q1 2026 net sales of $1.685 billion (up 27% year over year) and earnings per diluted share of $0.33.

For Q2 2026, Amkor guided net sales of $1.75 billion to $1.85 billion and EPS of $0.42 to $0.52, implying sequential improvement from Q1 profitability.

The board authorized up to $300 million of common stock repurchases (announced in late April), which can support sentiment by signaling confidence and providing potential incremental demand.

This could also be because the company’s $1.0 billion convertible notes financing (with capped-call hedges) can lead to market hedging flows that sometimes amplify short-term share moves around pricing/settlement.

Sources:

Amkor Investor Relations, U.S. SEC (EDGAR), Nasdaq

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 19 times in the past 6 months. Of those trades, 0 have been purchases and 19 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 60,000 shares for an estimated $2,493,650.
GUILLAUME MARIE JEAN RUTTEN has made 0 purchases and 4 sales selling 50,000 shares for an estimated $2,272,200.
KEVIN K. ENGEL (President and CEO) has made 0 purchases and 3 sales selling 28,816 shares for an estimated $1,362,380.
GIL C. TILY sold 20,000 shares for an estimated $928,800
MARYFRANCES MCCOURT sold 20,000 shares for an estimated $920,400
FARSHAD HAGHIGHI (Executive Vice President) sold 15,624 shares for an estimated $789,012
WINSTON J CHURCHILL sold 5,000 shares for an estimated $221,450

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.

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$AMKR Hedge Fund Activity

We have seen 250 institutional investors add shares of $AMKR stock to their portfolio, and 224 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

POINT72 ASSET MANAGEMENT, L.P. added 2,895,298 shares (+1715.2%) to their portfolio in Q4 2025, for an estimated $114,306,365
DISCOVERY CAPITAL MANAGEMENT, LLC / CT added 2,614,934 shares (+inf%) to their portfolio in Q4 2025, for an estimated $103,237,594
SW INVESTMENT MANAGEMENT LLC removed 1,250,000 shares (-47.2%) from their portfolio in Q4 2025, for an estimated $49,349,999
LSV ASSET MANAGEMENT removed 1,161,294 shares (-29.2%) from their portfolio in Q4 2025, for an estimated $45,847,887
FMR LLC removed 993,168 shares (-77.3%) from their portfolio in Q4 2025, for an estimated $39,210,272
BLACKROCK, INC. removed 911,865 shares (-6.6%) from their portfolio in Q4 2025, for an estimated $36,000,430
AQR CAPITAL MANAGEMENT LLC removed 911,554 shares (-21.6%) from their portfolio in Q4 2025, for an estimated $35,988,151

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.

$AMKR Congressional Stock Trading

Members of Congress have traded $AMKR stock 3 times in the past 6 months. Of those trades, 3 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 has traded it 3 times. They made 3 purchases worth up to $150,000 on 02/04, 01/05 and 0 sales.

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.

$AMKR Price Targets

Multiple analysts have issued price targets for $AMKR recently. We have seen 6 analysts offer price targets for $AMKR in the last 6 months, with a median target of $67.0.

Here are some recent targets:

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
Craig Ellis from B. Riley Securities set a target price of $70.0 on 04/28/2026
Peter Peng from JP Morgan set a target price of $65.0 on 02/10/2026
Randy Abrams from UBS set a target price of $55.0 on 01/12/2026

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.