New insider activity at Amkor ( (AMKR) ) has taken place on February 27, 2025.
In a series of significant transactions involving Amkor stock, Sujoda Management, LLC, Sujoda Investments, Lp, David D. Kim, John T. Kim, and Susan Kim each acquired 869,565 shares, with each purchase valued at $18,999,995. Conversely, James Kim and AGNES C KIM each sold 869,565 shares, also valued at $18,999,995 per transaction. Additionally, EVP Kevin Engel sold 5,489 shares for $119,056.
Recent Updates on AMKR stock
Amkor Technology has experienced a series of price target reductions from multiple analysts following its recent Q4 earnings call, which presented mixed results. KeyBanc reduced its price target due to a decline in shares after the company’s Q4 results, guidance, and a cautious outlook for 2025, citing weakness in the communications sector from a temporary loss of a socket on the iOS platform and continued challenges in the automotive sector. B. Riley also lowered its price target, noting that the Q4 report was mixed against consensus with lower sales and an underwhelming Q1 outlook, though it acknowledged Amkor’s strategic moves for potential earnings reacceleration. Morgan Stanley and Melius Research both reduced their price targets, with Morgan Stanley highlighting missed estimates for the March quarter but a projected recovery in the second half of the year driven by smartphone and auto growth. Overall, the analysts’ adjustments reflect concerns over current market challenges and cautious optimism for a recovery in the latter part of 2025.
More about Amkor
YTD Price Performance: -16.49%
Average Trading Volume: 1,479,447
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.36B