ACM Research, Inc. (NASDAQ:ACMR) Director Tracy Liu Sells 15,000 Shares of Stock

ACM Research, Inc. (NASDAQ:ACMR) Director Tracy Liu sold 15,000 shares of ACM Research stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $30.00, for a total transaction of $450,000.00. Following the completion of the sale, the director owned 110,772 shares in the company, valued at approximately $3,323,160. This trade represents a 11.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

ACM Research Price Performance

Shares of ACMR opened at $30.43 on Friday. The company has a quick ratio of 1.49, a current ratio of 2.46 and a debt-to-equity ratio of 0.12. ACM Research, Inc. has a fifty-two week low of $13.87 and a fifty-two week high of $30.64. The company has a market cap of $1.79 billion, a P/E ratio of 19.38 and a beta of 1.50. The firm’s 50 day moving average price is $25.40 and its 200 day moving average price is $22.95.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Cim LLC raised its position in ACM Research by 2.8% during the 4th quarter. Cim LLC now owns 17,149 shares of the specialty retailer’s stock worth $259,000 after buying an additional 475 shares during the last quarter. FCG Investment Co boosted its stake in shares of ACM Research by 1.6% during the 2nd quarter. FCG Investment Co now owns 35,877 shares of the specialty retailer’s stock worth $929,000 after purchasing an additional 577 shares during the last quarter. Kendall Capital Management raised its stake in shares of ACM Research by 1.4% during the first quarter. Kendall Capital Management now owns 45,240 shares of the specialty retailer’s stock valued at $1,056,000 after purchasing an additional 635 shares during the period. NorthCrest Asset Manangement LLC grew its position in shares of ACM Research by 1.9% during the first quarter. NorthCrest Asset Manangement LLC now owns 34,037 shares of the specialty retailer’s stock worth $794,000 after buying an additional 647 shares in the last quarter. Finally, Illumine Investment Management LLC boosted its holdings in ACM Research by 3.0% in the first quarter. Illumine Investment Management LLC now owns 31,262 shares of the specialty retailer’s stock worth $730,000 after purchasing an additional 923 shares during the period. Institutional investors and hedge funds own 66.75% of the company’s stock.

ACM Research Company Profile

ACM Research, Inc, together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. It offers space alternated phase shift technology for flat and patterned wafer surfaces, which employs alternating phases of megasonic waves to deliver megasonic energy in a uniform manner on a microscopic level; timely energized bubble oscillation technology for patterned wafer surfaces at advanced process nodes, which provides cleaning for 2D and 3D patterned wafers; Tahoe technology for delivering cleaning performance using less sulfuric acid and hydrogen peroxide; and electro-chemical plating technology for advanced metal plating.