Top 1% Traders Buy Samsung Electronics for Second Straight Day

Are retail investors selling while top traders go all-in on Samsung Electronics?

High-return investors trading through Mirae Asset Securities were net buyers of Samsung Electronics (005930), S-Oil (010950), and Doosan Enerbility (034020) on the morning of the 13th, according to data compiled by the brokerage.

The "super traders"—defined as the top 1% by investment returns over the past month among Mirae Asset Securities' stock trading clients—purchased Samsung Electronics most heavily through 11 a.m., the firm said. Samsung Electronics was trading at 185,150 won as of 11 a.m., down 1.46% from the previous session. The stock also ranked first among super traders' purchases the previous day.

Recent earnings forecast reports from securities firms appear to be driving the buying. Hana Securities raised its target price to 300,000 won in a report released that day. The firm projected first-quarter revenue of 122 trillion won and operating profit of 38 trillion won, citing DRAM and NAND prices significantly exceeding initial expectations and favorable exchange rate conditions. KB Securities also raised its target price by 33% from 240,000 won to 320,000 won the previous day, forecasting Samsung Electronics' total first-quarter operating profit would reach 40 trillion won.

Memory semiconductor demand is driving Samsung Electronics' earnings improvement. Memory chip prices continue to show strength, and Samsung Electronics is responding conservatively to customer requests, considering room for further price increases. Supply of HBM4, essential for artificial intelligence semiconductors, is also proceeding smoothly.

S-Oil ranked second in net purchases. The stock recorded 111,700 won as of 11 a.m., down 5.34%. S-Oil had ranked third in super trader net purchases the previous morning. The continued buying appears linked to surging oil prices following Iran's threat to blockade the Strait of Hormuz.

International oil prices jumped after Ayatollah Seyyed Mojtaba Khamenei, elected overnight as Iran's new supreme leader, pledged to blockade the Strait of Hormuz and adopted an ultra-hardline stance. Brent crude futures for May delivery closed at $100.46 per barrel on the ICE Futures Exchange, surging 9.2%, while West Texas Intermediate futures for April delivery jumped to $95.73 per barrel on the New York Mercantile Exchange.

Doosan Enerbility ranked third in net purchases, trading at 106,700 won, up 3.09% from the previous session. Doosan Enerbility is considered a beneficiary of the full-scale launch of U.S. nuclear power plant construction this year. KB Securities analyzed in a report that Doosan Enerbility would grow on the back of U.S. nuclear plant construction and gas turbine orders. The firm raised its target price from 116,000 won to 135,000 won.

The top net-sold stocks that morning were Celltrion (068270), Kakao (035720), and SK Hynix (000660). The previous day's top net-bought stocks were Samsung Electronics, SK Hynix, and Alteogen (196170), while FST (036810), Doosan Enerbility, and Celltrion topped the net-sold list.

Mirae Asset Securities compiles trading data from its top 1% clients by returns over the past month and publishes it on its mobile trading system in real-time, daily, and five-day formats. This statistical data is simply informational and independent of Mirae Asset Securities' opinions; it does not guarantee suitable investment outcomes or returns for individual investors. Investors should also note that theme stocks may experience abnormal price volatility.