The stocks most heavily bought by high-return investors trading at Mirae Asset Securities (006800.KS) on Tuesday morning were Samsung Electronics (005930.KS), Mirae Asset Securities, and SK Networks (001740.KS), in that order.
According to Mirae Asset Securities, the stock most heavily purchased by "stock masters" — clients ranking in the top 1% by investment return over the past month — by 11 a.m. that day was Samsung Electronics.
According to the Korea Exchange, as of 11:57 a.m., Samsung Electronics was trading at 298,500 won, down 1.3% from the previous trading session. Analysts have suggested the possibility of Samsung Electronics' share price exceeding 500,000 won. In a report Monday, KB Securities projected that Samsung Electronics' second-quarter operating profit would surge 19-fold from a year earlier to 90 trillion won, with an operating margin reaching 51%, setting a target price of 530,000 won. NH Investment & Securities (005940.KS), in a report Sunday, raised its target price to 530,000 won from 490,000 won.
Samsung Electronics posted record results in the first quarter, with consolidated revenue of 133.8734 trillion won and operating profit of 57.2328 trillion won. Compared with the first quarter of last year, revenue rose 69.2% and operating profit jumped 756.1%. The Device Solutions (DS) division, which handles the semiconductor business, drove the results with revenue of 81.7 trillion won and operating profit of 53.7 trillion won. "Samsung Electronics' operating profit for this year and next year is forecast at 365 trillion won and 506 trillion won, respectively," said Ryu Young-ho, an analyst at NH Investment & Securities. "It has entered the agent artificial intelligence (AI) proliferation cycle."
Mirae Asset Securities' shares were down about 6% on the day. With brokerage stocks broadly weak amid heightened market volatility, investors appear to have viewed this as a low-price buying opportunity. In the first quarter of this year, Mirae Asset Securities posted operating profit of 1.0019 trillion won, a 288% surge from a year earlier, on the back of gains including its SpaceX investment. The company is seen as having solid fundamentals, posting net profit of more than 800 billion won as large valuation gains from past overseas investments were reflected.
SK Networks is transforming its character into an AI-focused business-oriented investment company. In the first quarter, it posted revenue of 1.7434 trillion won, operating profit of 33.4 billion won, and net profit of 42.7 billion won, with AI-related investment results driving the earnings rebound. Heungkuk Securities forecast SK Networks' consolidated revenue this year at 7.3 trillion won. It estimated operating profit would reach 123.8 billion won, up 43.5%. This represents an upward revision from its previous estimate.
The most heavily sold stocks that day were SK hynix (000660.KS), LG Innotek (011070.KS), and Hanmi Semiconductor (042700.KS), in that order. On the previous trading day, the most heavily bought stocks were HD Hyundai Electric (267260.KS), Samsung Electronics, and SK hynix, in that order. SK hynix is interpreted as investors having taken some profits that day after buying at low prices when the market plunged the previous session. The previous day's most heavily sold stocks were Korean Air (003490.KS), LG Electronics preferred shares, and Naver (035420.KS).
Mirae Asset Securities compiles the trading of investors ranking in the top 1% by return over the past month among its clients and discloses it on its mobile trading system (MTS) on a real-time, previous-day, and recent-five-day basis. This statistical data is simple information guidance unrelated to Mirae Asset Securities' opinions and does not guarantee investment or returns suited to each individual investor. In addition, theme-related stocks may experience abnormal sharp fluctuations, so caution is advised.
