Cho Yoon-ha’s Stake Sale: What Happened?

Cho Yoon-ha sold MI Tech shares on the open market between August 19 and August 25, 2025, with a significant sale (-193,014 shares) occurring on August 25. This reduced Cho’s stake from 5.53% to 4.55%. The sale is reported to be for simple investment purposes.

MI Tech’s Fundamentals: A Closer Look

MI Tech is steadily growing in the non-vascular stent sector and is expected to expand its market presence with the acquisition of European CE MDR certification. While the company’s half-year revenue in 2025 decreased compared to the same period last year, operating profit and operating margin improved. The financial structure also remains sound. However, uncertainties in the macroeconomic environment, such as exchange rate and interest rate fluctuations, could impact MI Tech.

Impact of the Stake Sale on Stock Price

In the short term, stock price volatility may increase, and there is a possibility of weakened investor sentiment. However, this stake change does not directly impact MI Tech’s fundamentals. Therefore, the mid-to-long-term impact is expected to be minimal.

What Should Investors Do?

The current investment recommendation is ‘Neutral.’ Investors should continuously monitor stock price trends and trading volume changes, pay close attention to Cho Yoon-ha’s future trading activities, and carefully review MI Tech’s earnings announcements.