10 Stocks With At Least $10 Million In Insider Spending Recently

2. Amkor Technology Inc (NASDAQ:AMKR)

Highest Individual Purchase: $18,999,995.25

Number of Purchases Worth Between $10 million and $20 million: 5

Market Capitalization: $5.21 billion

Second on the list of stocks with at least $10 million in recent insider spending is a provider of outsourced semiconductor packaging and testing services across the U.S., Japan, Europe, and the Asia Pacific region. Its offering includes turnkey packaging and testing services, such as semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final testing, and more.

On February 24, five insiders acquired nearly $95 million worth of Amkor shares at a price of $21.85 per share. Each individual purchase was valued at approximately $19 million. The stock is currently trading at $21.12, having lost 17.81% since the beginning of the year.

In 2024, the company reported net sales of $6.32 billion, compared to $6.50 billion in 2023. Net income attributable to Amkor was $354 million or $1.43 per diluted share, compared to net income of $360 million or $1.46 per diluted share in 2023.

Eight Wall Street analysts have given an average “Moderate Buy” rating on Amkor stock, with a price target of $29.66, according to TipRanks.

Amkor is also among 10 stocks that could skyrocket after Jensen Huang’s earnings call.