Inari stock gains 3.89 percent as stake sale looms

Published on 10/07/2026 at 00:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Inari stock was last quoted at MYR 2.670 on October 6, 2026, after a 3.89 percent gain. Insas planned a 5.65 percent stake sale.

Inari, MYQ0166OO007, Illustration mit AI erstellt.

Inari stock (ISIN MYQ0166OO007) gained 3.89 percent to MYR 2.670 on Bursa Malaysia on October 6, 2026, putting the semiconductor assembler back in front of investors as a major shareholder prepares an exit. The Edge Malaysia reported that Insas plans to sell its remaining 5.65 percent holding in Inari Amertron.

Stake sale puts supply on radar

The planned disposal covers 218.05 million Inari shares and may take place through open-market or direct transactions over 12 months, according to The Edge Malaysia on October 6, 2026.

Insas said the shares will be priced at no more than a 10 percent discount to Inari's five-day volume-weighted average price before the transaction. Using an illustrative MYR 2.43 per share, the sale could generate MYR 529.87 million in gross proceeds.

Profit reset meets recovery case

The supply overhang arrives after a difficult operating year. Inari's FY2026 net profit fell 41.7 percent to MYR 127.5 million from MYR 218.75 million in FY2025, a comparison reported by The Edge Malaysia on October 6, 2026.

The recovery argument is centered on radio-frequency loading and photonics. On September 29, 2026, MBSB kept a Buy call and a MYR 2.95 target for Inari, citing an expected RF rebound, stronger optoelectronics prospects and a possible margin recovery above 20 percent, as reported by The Edge Malaysia.

Consensus leaves limited upside

The consensus picture is more restrained than the MBSB view. Investing.com lists 18 analysts with an overall Buy consensus and an average 12-month target of MYR 2.707, which is 1.40 percent above the MYR 2.670 price on October 6, 2026.

That narrow consensus gap leaves the stake sale and the earnings rebound competing for attention. Inari's own website describes the group as an outsourced semiconductor assembly and test provider with electronics manufacturing operations, linking the valuation debate to both smartphone demand and its newer photonics ambitions.

Inari stock stays near its yearly high

Inari stock was last quoted at MYR 2.670 on Bursa Malaysia on October 6, 2026, within a 52-week range of MYR 1.210 to MYR 2.740. Market capitalization stood at MYR 10.2 billion and volume reached 21,880,000 shares.