Amkor Technology, Inc. (NASDAQ:AMKR) has recently been listed among the 10 Stocks With At Least $10 Million In Insider Sales Recently. The major U.S. indexes saw a recovery following the Trump administration’s announcement of a one-month delay on tariffs for automakers meeting the USMCA requirements. Blue-chip companies gained 1.14%, the broader market index rose 1.12%, and NASDAQ stocks increased by 1.46%.
Amidst market fluctuations and uncertainty, insider trading has attracted significant attention. Executives and insiders make trades based on their knowledge of company strategies and future prospects, with buys indicating confidence and sells potentially signaling a lack thereof. It is important to consider these actions alongside other critical factors before making investment decisions.
Amkor Technology, Inc. is a provider of outsourced semiconductor packaging and testing services, and is one of the 10 stocks with at least $10 million in insider spending recently. One insider made two sales totaling nearly $19 million recently. The stock has lost 19.35% year-to-date, trading at $20.72 per share. The company reported net sales of $6.32 billion in 2024, with net income of $354 million. Analysts have an average “Moderate Buy” rating on the stock with a price target of $31.50, representing an upside of 52.03% from the current price.
Overall, while Amkor Technology, Inc. ranks 9th on the list of stocks with insider sales, investors may find more promising opportunities in AI stocks for higher returns in a shorter timeframe. The company’s performance, along with other insider trading actions, highlights the importance of conducting thorough research before making investment decisions.
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