Amkor technology (AMKR) Kim David D buys $9.6 million in shares

Published 06/08/2025, 00:56
Amkor technology (AMKR) Kim David D buys $9.6 million in shares

Kim David D, member of 10% owner group in Amkor Technology , INC. (NASDAQ:AMKR), a $5.5 billion semiconductor packaging company, acquired 441,589 shares of common stock on August 1, 2025, at $21.85 per share. The $9.6 million purchase comes as the stock shows significant volatility, having declined 11.6% in the past week. According to InvestingPro analysis, AMKR currently appears undervalued based on its Fair Value metrics.

Following the transaction, Kim David D directly owns 8,746 shares and indirectly owns 3,789,479 shares through Sujoda Investments, LP and 2,698,513 shares by trusts. Want deeper insights into insider trading patterns and comprehensive analysis? InvestingPro offers exclusive access to 12+ additional insights about AMKR, including detailed financial health scores and expert projections.

In other recent news, Amkor Technology reported its second-quarter 2025 earnings, surpassing forecasts with earnings per share of $0.22 against the expected $0.16, a 37.5% surprise. The company also reported revenue of $1.51 billion, exceeding projections of $1.42 billion by 6.34%. Despite these positive results, DA Davidson maintained a Buy rating on Amkor Technology but noted that the company’s third-quarter earnings missed expectations due to softer margins, even though revenue exceeded forecasts. Needham raised its price target for Amkor Technology to $28, highlighting the company’s strong quarterly performance and anticipated growth in Communications revenue. Meanwhile, KeyBanc reiterated its Sector Weight rating, pointing out a significant one-time benefit in the company’s earnings beat. These developments reflect a mixed outlook for Amkor Technology, with analysts noting both positive sales trends and some concerns about margins.

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