Amkor Technology (NASDAQ:AMKR) Trading Down 3.8% on Insider Selling

Market Beat
2026.05.21 20:54
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Amkor Technology (NASDAQ:AMKR) shares fell 3.8% to $65.90 following insider selling by CFO Megan Faust and EVP Mark N. Rogers. Faust sold 1,000 shares at $64.60, while Rogers sold 5,000 shares at $71.63. Analysts have mixed ratings on the stock, with a consensus target price of $62.75. Positive sentiment surrounds Amkor's collaboration with AMD and land acquisition in Arizona, supporting long-term growth prospects despite recent insider sales.