BlackRock Amends AMKR Stake, Maintains Significant Holding
Ticker: AMKR · Form: SC 13G/A · Filed: Jan 29, 2024 · CIK: 1047127
| Field | Detail |
|---|---|
| Company | Amkor Technology, Inc. (AMKR) |
| Form Type | SC 13G/A |
| Filed Date | Jan 29, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, semiconductors
TL;DR
**BlackRock still owns a big chunk of AMKR, signaling continued institutional confidence.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 29, 2024, disclosing its ownership of Amkor Technology, Inc. common stock as of December 31, 2023. This filing indicates BlackRock continues to be a significant institutional holder, maintaining its position in the semiconductor and related devices company. For investors, this signals continued institutional confidence in Amkor Technology, Inc. (AMKR), which can be a positive indicator for stock stability and future performance.
Why It Matters
This filing shows that a major institutional investor, BlackRock, still holds a substantial stake in Amkor Technology, Inc., which can reassure current and potential investors about the company's long-term prospects.
Risk Assessment
Risk Level: low — This filing is routine and indicates stable institutional ownership, posing minimal immediate risk to investors.
Analyst Insight
Investors should note BlackRock's continued presence as a major shareholder, which suggests institutional confidence in Amkor Technology, Inc. This could be a factor to consider when evaluating the stock's stability, but further research into Amkor's financials and industry trends is always recommended.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- Amkor Technology, Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 29, 2024 (date) — the filing date of the SC 13G/A amendment
Forward-Looking Statements
- BlackRock will maintain a significant stake in Amkor Technology, Inc. throughout 2024. (BlackRock Inc.) — medium confidence, target: December 31, 2024
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing under the Securities Exchange Act of 1934, as indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G (Amendment No: 1)'.
Who is the reporting person in this filing?
The reporting person is BlackRock Inc., as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.'.
What is the subject company whose securities are being reported?
The subject company is AMKOR TECHNOLOGY, INC., as identified under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMKOR TECHNOLOGY, INC.'.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of Amkor Technology, Inc. is 031652100, as listed under 'CUSIP No. 031652100'.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified under 'Date of Event Which Requires Filing of this Statement: December 31, 2023'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 29, 2024 regarding AMKOR TECHNOLOGY, INC. (AMKR).