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TAP TIMES          -12-                                    MARCH 2022

                       Stocks (from 11)                         shares of the semiconductor company’s
                                                                stock after buying an additional 878,500
        Yahoo! Finance, a few weeks prior to the                shares during the quarter.
        Q4 earnings (January 27) said, “The stock
        seems fairly valued at the moment accord-               Morgan Stanley shares
        ing to my valuation model.                              Morgan Stanley owned approximate-
                                                                ly 0.51% of Amkor Technology worth
        Reasonable price                                        $29,774,000 at the end of the most recent
        “It’s trading around 3.49% above my                     quarter.
        intrinsic value, which means if you buy
        Amkor Technology today, you’d be paying                 Stockinvest (February 18), however, says,
        a relatively reasonable price for it. And if            “In the last 100 trades there were 9.33
        you believe the company’s true value is                 million shares bought and 32.92 million
        $20.75, there’s only an insignificant down-             shares sold.
        side when the price falls to its real value.
                                                                “The last trade was done 3 days ago by
        “Is there another opportunity to buy low                Megan Faust (EVP/CFO)  who sold 5,000
        in the future? Since Amkor Technology’s                 shares. In general the insiders are selling
        share price is quite volatile, we could po-             more stocks than they buy. There can be a
        tentially see it sink lower (or rise higher)            variety of reasons for this, but in general it
        in the future, giving us another chance to              can be considered as a negative signal.”
        buy.”
                                                                Stocks Register reports, Nearly 11.50% of
        The commentary in Yahoo’s “Simply Wall                                                         next page
        Street” adds, “If you’ve been
        keeping tabs on AMKR, now
        may not be the most optimal
        time to buy, given it is trading
        around its fair value.

        Optimistic prospects
        “However, the optimistic pros-
        pect is encouraging for the
        company, which means it’s
        worth further examining other
        factors such as the strength
        of its balance sheet, in order
        to take advantage of the next
        price drop.”

        According to MarketBeat on
        February 7, Morgan Stanley
        grew its holdings in Amkor
        Technology, Inc. by 231.6% in
        the 2nd quarter, according to
        the company in its most recent
        filing with the SEC.


        The firm owned 1,257,869







        ports. Credit Suisse Group
        lowered Amkor Technology
        from an “outperform” rating
        to a “neutral” rating and set a
        $27.00 price objective on the
        stock. in a research report on
        Monday, October 11th. Sidoti
        initiated coverage on Amkor
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