AMKOR Technology Inc’s recent filing unveils that its Member of 10% owner group (3) KIM AGNES C unloaded Company’s shares for reported $19.0 million on Feb 24 ’25. In the deal valued at $21.85 per share,869,565 shares were sold. As a result of this transaction, KIM AGNES C now holds 10,020,870 shares worth roughly $196.51 million.
Then, KIM DAVID D bought 869,565 shares, generating $18,999,995 in total proceeds. Upon buying the shares at $21.85, the Member of 10% owner group (5) now owns 3,347,890 shares.
Before that, SUJODA Investments, LP bought 869,565 shares. AMKOR Technology Inc shares valued at $18,999,995 were divested by the Member of 10% owner group
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 Friday, AMKOR Technology Inc [NASDAQ:AMKR] saw its stock jump 3.26% to $19.61. Over the last five days, the stock has lost -5.45%. AMKOR Technology Inc shares have fallen nearly -23.67% since the year began. Nevertheless, the stocks have fallen -41.50% over the past one year. While a 52-week high of $44.19 was reached on 01/21/25, a 52-week low of $18.87 was recorded on 03/13/25. SMA at 50 days reached $23.39, while 200 days put it at $29.50.
Levels Of Support And Resistance For AMKR Stock
The 24-hour chart illustrates a support level at 19.26, which if violated will result in even more drops to 18.92. On the upside, there is a resistance level at 19.80. A further resistance level may holdings at 19.99. The Relative Strength Index (RSI) on the 14-day chart is 36.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.45%. Stochastics %K at 10.49% indicates the stock is a buying.
How much short interest is there in AMKOR Technology Inc?
A steep rise in short interest was recorded in AMKOR Technology Inc stocks on 2025-02-28, growing by 0.84 million shares to a total of 5.46 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.62 million shares. There was a rise of 15.38%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 14, 2024 when Fox Advisors began covering the stock and recommended ‘”an Equal weight”‘ rating .
