Amkor technology (AMKR) shareholder Kim Agnes C sells $9.6 million in stock

Published 06/08/2025, 00:50
Amkor technology (AMKR) shareholder Kim Agnes C sells $9.6 million in stock

A member of a 10% owner group in Amkor Technology , Inc. (NASDAQ:AMKR), Agnes C. Kim, reported selling 441,589 shares of common stock on August 1, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $21.85, with the transaction amounting to approximately $9.6 million. The sale comes as the $5.5 billion semiconductor company’s stock has declined 11.6% over the past week. InvestingPro analysis indicates the stock is currently trading below its Fair Value.

Following the transaction, Kim Agnes C. indirectly owns 12,290,281 shares and directly owns 1,833,000 shares in Amkor Technology, Inc. The company maintains a FAIR financial health score according to InvestingPro, which offers comprehensive insider trading analysis and 12+ additional ProTips for informed investment decisions.

In other recent news, Amkor Technology reported better-than-expected earnings for the second quarter of 2025. The company’s earnings per share (EPS) reached $0.22, surpassing the forecast of $0.16, which marks a 37.5% surprise. Revenue also exceeded expectations, coming in at $1.51 billion compared to the projected $1.42 billion, representing a 6.34% surprise. Needham responded to these results by raising its price target for Amkor Technology to $28.00, maintaining a Buy rating and noting a strong outlook despite minor concerns about gross margin guidance. DA Davidson also reiterated a Buy rating with a $30.00 price target, acknowledging the mixed third-quarter results where revenue exceeded expectations but margins were softer than anticipated. KeyBanc maintained a Sector Weight rating, highlighting positive sales trends in the second quarter, though noting a significant one-time benefit that contributed to the earnings beat. Amkor’s Communications revenue is expected to grow significantly, driven by regaining socket placement in high-end smartphones. These developments reflect the ongoing interest and varied perspectives from analysts regarding Amkor Technology’s performance and future prospects.

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