Amkor Technology INC (AMKR) Shareholder Matarin Capital Management LLC Has Increased Its Holding

September 17, 2017 - By Clifton Ray

Investors sentiment increased to 1.55 in Q4 2016. Its up 0.10, from 1.45 in 2016Q3. It improved, as 16 investors sold AMKR shares while 49 reduced holdings. 39 funds opened positions while 62 raised stakes. 85.96 million shares or 10.39% more from 77.87 million shares in 2016Q3 were reported. Principal Gp accumulated 30,193 shares. Bnp Paribas Arbitrage Sa reported 0% stake. Thrivent For Lutherans stated it has 0.01% in Amkor Technology, Inc. (NASDAQ:AMKR). Malaga Cove Limited Com, a California-based fund reported 54,351 shares. Westover Cap Ltd accumulated 0.28% or 37,574 shares. Janney Montgomery Scott Lc accumulated 0.01% or 43,987 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0% in Amkor Technology, Inc. (NASDAQ:AMKR). Price T Rowe Associates Md holds 0% or 16,328 shares. Wells Fargo Mn has 149,863 shares. Federated Inc Pa holds 87,151 shares. Zacks holds 0.05% of its portfolio in Amkor Technology, Inc. (NASDAQ:AMKR) for 155,214 shares. Moreover, California State Teachers Retirement has 0% invested in Amkor Technology, Inc. (NASDAQ:AMKR) for 206,477 shares. Thompson Davis invested in 500 shares. Qs Limited Liability Corporation has 418,933 shares for 0.04% of their portfolio. Neuberger Berman Grp Incorporated Limited Company accumulated 93,210 shares or 0% of the stock.

Since May 11, 2017, it had 0 buys, and 4 insider sales for $2.62 million activity. On Thursday, June 8 Kelley Stephen Douglas sold $1.31M worth of Amkor Technology, Inc. (NASDAQ:AMKR) or 108,510 shares. $147,422 worth of stock was sold by CHURCHILL WINSTON J on Thursday, May 18. Tily Gil C. sold $1.04M worth of stock or 87,500 shares.

Matarin Capital Management Llc increased its stake in Amkor Technology Inc. (AMKR) by 53.04% based on its latest 2016Q4 regulatory filing with the SEC. Matarin Capital Management Llc bought 530,798 shares as the company’s stock rose 9.05% with the market. The institutional investor held 1.53 million shares of the technology company at the end of 2016Q4, valued at $49.57M, up from 1.00 million at the end of the previous reported quarter. Matarin Capital Management Llc who had been investing in Amkor Technology Inc. for a number of months, seems to be bullish on the $2.31 billion market cap company. The stock increased 2.12% or $0.2 on September 15, reaching $9.65. About 1.46M shares traded or 37.74% up from the average. Amkor Technology, Inc. (NASDAQ:AMKR) has risen 96.42% since September 17, 2016 and is uptrending. It has outperformed by 79.72% the S&P500.

Matarin Capital Management Llc, which manages about $198.00M and $889.24M US Long portfolio, decreased its stake in Berkshire Hathaway Inc. Class B (BRKB) by 23,839 shares to 5,443 shares, valued at $887,000 in 2016Q4, according to the filing. It also reduced its holding in Home Depot Inc. (NYSE:HD) by 25,866 shares in the quarter, leaving it with 40,676 shares, and cut its stake in Exxon Mobil Corporation (NYSE:XOM).

Another recent and important Amkor Technology, Inc. (NASDAQ:AMKR) news was published by Seekingalpha.com which published an article titled: “Amkor Technology Inc (AMKR) Presents at Deutsche Bank Technology Conference …” on September 14, 2017.

Amkor Technology, Inc. (NASDAQ:AMKR) Ratings Coverage

Among 3 analysts covering Amkor (NASDAQ:AMKR), 2 have Buy rating, 1 Sell and 0 Hold. Therefore 67% are positive. Amkor has $7 highest and $5.80 lowest target. $6.40’s average target is -33.68% below currents $9.65 stock price. Amkor had 8 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Monday, August 24 by Credit Suisse. The company was upgraded on Tuesday, September 1 by Zacks. Citigroup downgraded the stock to “Sell” rating in Wednesday, May 25 report. The firm has “Buy” rating given on Tuesday, July 28 by Topeka Capital Markets. The stock has “Sell” rating by Zacks on Tuesday, August 25. The stock of Amkor Technology, Inc. (NASDAQ:AMKR) earned “Outperform” rating by Credit Suisse on Friday, August 21. Citigroup downgraded the shares of AMKR in report on Tuesday, September 15 to “Neutral” rating. The rating was maintained by Topeka Capital Markets on Thursday, April 28 with “Buy”.

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