In a filing, AMKOR Technology Inc revealed 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 $180.58 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
KeyBanc Capital Markets downgraded its AMKOR Technology Inc [AMKR] rating to a Sector weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Melius’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. KeyBanc Capital Markets began covering AMKR with “an Overweight” recommendation on September 20, 2024. JP Morgan started covering the stock on July 01, 2024. It rated AMKR as “an Overweight”.
Price Performance Review of AMKR
On Friday, AMKOR Technology Inc [NASDAQ:AMKR] saw its stock fall -3.74% to $18.02. Over the last five days, the stock has lost -3.69%. AMKOR Technology Inc shares have fallen nearly -29.86% since the year began. Nevertheless, the stocks have fallen -45.32% over the past one year. While a 52-week high of $44.19 was reached on 01/21/25, a 52-week low of $14.03 was recorded on 04/07/25. SMA at 50 days reached $17.89, while 200 days put it at $24.60.
Levels Of Support And Resistance For AMKR Stock
The 24-hour chart illustrates a support level at 17.67, which if violated will result in even more drops to 17.33. On the upside, there is a resistance level at 18.48. A further resistance level may holdings at 18.95. The Relative Strength Index (RSI) on the 14-day chart is 45.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.76%. Stochastics %K at 25.68% indicates the stock is a holding.
The most recent change occurred on April 09, 2024 when Needham began covering the stock and recommended ‘”a Buy”‘ rating along with a $40 price target.
