AMKOR Technology Inc’s recent filing unveils that its Officer Engel Kevin acquired Company’s shares for reported $0.12 million on Feb 25 ’25. In the deal valued at $21.69 per share,5,489 shares were bought.
Then, Rutten Guillaume Marie Jean sold 10,000 shares, generating $315,100 in total proceeds. Upon selling the shares at $31.51, the President and CEO now owns 204,971 shares.
Before that, GUILLAUME RUTTEN bought 10,000 shares. AMKOR Technology Inc shares valued at $315,106 were divested by the Officer at a price of $31.51 per share.
Melius downgraded its AMKOR Technology Inc [AMKR] rating to a Hold from a a Buy in a research note published on January 06, 2025; the price target was decreased to $30 from $34. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in mid September with a ‘”an Overweight”‘ rating. JP Morgan began covering AMKR with “an Overweight” recommendation on July 01, 2024. Needham started covering the stock on April 09, 2024. It rated AMKR as “a Buy”.
Price Performance Review of AMKR
On Tuesday, AMKOR Technology Inc [NASDAQ:AMKR] saw its stock fall -1.05% to $21.72. Over the last five days, the stock has lost -5.11%. AMKOR Technology Inc shares have fallen nearly -15.45% since the year began. Nevertheless, the stocks have fallen -28.52% over the past one year. While a 52-week high of $44.19 was reached on 01/21/25, a 52-week low of $21.46 was recorded on 02/12/25. SMA at 50 days reached $24.93, while 200 days put it at $30.33.
Levels Of Support And Resistance For AMKR Stock
The 24-hour chart illustrates a support level at 21.46, which if violated will result in even more drops to 21.20. On the upside, there is a resistance level at 22.09. A further resistance level may holdings at 22.45. The Relative Strength Index (RSI) on the 14-day chart is 34.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.95, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.61%. Stochastics %K at 14.49% indicates the stock is a buying.
The most recent change occurred on March 14, 2024 when Fox Advisors began covering the stock and recommended ‘”an Equal weight”‘ rating .
