UMC Vice President Che-Jen Hu Sells Shares Worth $1.71 Million

UMC's Vice President, Che-Jen Hu, sold 10,000 shares of the company on June 30, 2026. The shares were sold at an average price of $171.3, totaling $1.71 million. This transaction was not part of a pre-planned trading program.

What Changed in Che-Jen Hu's UMC Position

Che-Jen Hu reduced his holdings in UMC by 10,000 shares. The sale, valued at $1.71 million, was executed at an average price of $171.3 per share.

Other Institutional Activity in UMC

Several institutional investors have also been active in UMC recently. BlackRock, Inc. increased its stake by 512,365 shares, bringing its total to 27,495,880 shares worth about $246.91 million, marking a 1.9% increase. AQR Capital Management LLC significantly boosted its holdings by 5,249,718 shares, ending with 14,714,030 shares valued at approximately $132.13 million, reflecting a 55.5% increase. Two Sigma Investments, LP added 3,980,009 shares, growing its position by 70.1% to 9,655,402 shares worth about $86.71 million. Vanguard Capital Management LLC opened a new position, acquiring 8,988,443 shares valued at around $80.72 million. Morgan Stanley increased its holdings by 1,109,073 shares to a total of 8,777,903 shares, valued at $78.83 million, a 14.5% increase.

United Microelectronics Corporation Stock Up 36.9%

Shares of UMC traded near $27.21 on Wednesday. The company's recent insider activity has been notable, with institutional investors adjusting their positions. UMC's market performance reflects these changes, although specific details on its market cap, P/E ratio, and other financial metrics are not provided in the latest data.

Insider Buying and Selling at United Microelectronics Corporation

On June 30, 2026, Che-Jen Hu, Vice President of UMC, sold 10,000 shares at an average price of $171.3, totaling $1.71 million. This transaction was not executed under a Rule 10b5-1 trading plan.

Analysts Set New Price Targets

In previous analyst activity, Goldman Sachs downgraded UMC to a hold rating with a price target of $7.4 on October 20, 2024. Bernstein maintained a sell rating with a target of $5.3 on March 4, 2024. HSBC upgraded its rating to hold with a target of $9.93 on January 25, 2024.

Bottom Line

Insider transactions like the recent sale by Che-Jen Hu can provide insight into UMC's internal views but are not necessarily indicative of future performance. Institutional investors have also been active, adjusting their holdings in UMC. Investors often watch such moves closely for potential signals, though 13F filings and insider sales reflect past actions and may not represent current positions.