20 Mid-Cap Stocks Insiders Were Buying in Q1 2025

2. Amkor Technology, Inc. (NASDAQ:AMKR)

Market Cap: $3.99 billion

Amkor, based in Tempe, Arizona, offers outsourced semiconductor packaging and testing services across the U.S., Japan, Europe, and the Asia Pacific region. Its services include wafer processing, package design, and final system-level testing. Amkor is also one of the 12 stocks that are about to explode.

In February, five insiders purchased a total of $95 million worth of Amkor Technology shares at an average price of $21.85 per share. Currently, the stock trades at $16.15 per share, having dropped 37.14% since the beginning of the year and 46.35% over the past 12 months.

For the full year 2024, Amkor generated $6.32 billion in net sales, slightly down from $6.50 billion in 2023. Net income totaled $354 million, or $1.43 per diluted share, compared to $360 million, or $1.46 per share, the year before.

In February, the company’s board of directors approved a quarterly cash dividend of $0.08269 per share on the company’s common stock.

According to StockAnalysis, seven analysts rate Amkor stock as “Buy” with a price forecast of $31.71, suggesting a 96.35% upside.