Amkor Technology, Inc. (NASDAQ:AMKR), a provider of semiconductor packaging and testing services, is among the 10 stocks with at least $10 million in insider sales recently. Despite a difficult start to the year, Amkor’s stock has potential for growth, with ten analysts rating it as a “Moderate Buy” and a price target of $31.50, representing a 52.03% upside from the current price. The company reported net sales of $6.32 billion in 2024, down from $6.50 billion in 2023, and net income of $354 million. Amkor’s stock is currently trading at $20.72 per share, down 19.35% year-to-date. Insider trading activity, such as the two sales by large shareholder J James Kim worth nearly $19 million each, can provide insights into a company’s future potential. Amid market volatility and uncertainty, investors should conduct thorough research before making investment decisions. While Amkor has potential for growth, investing in AI stocks may offer higher returns in a shorter time frame. For investors interested in the AI sector, a report on the cheapest AI stocks is available for further analysis. Overall, Amkor ranks 9th on the list of stocks with at least $10 million in insider sales recently, highlighting the importance of considering multiple factors when making investment choices.
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