ACM Research (NASDAQ:ACMR) Director Haiping Dun Sells 5,000 Shares

ACM Research, Inc. (NASDAQ:ACMR) Director Haiping Dun sold 5,000 shares of the company’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $66.22, for a total value of $331,100.00. Following the transaction, the director directly owned 5,000 shares in the company, valued at approximately $331,100. This represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

ACM Research Stock Down 0.0%

NASDAQ:ACMR opened at $71.59 on Friday. The stock’s fifty day moving average price is $50.97 and its two-hundred day moving average price is $47.93. ACM Research, Inc. has a 52-week low of $21.87 and a 52-week high of $72.69. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.52 and a current ratio of 3.51. The company has a market cap of $4.38 billion, a price-to-earnings ratio of 54.65 and a beta of 1.82.

ACM Research (NASDAQ:ACMR) last posted its quarterly earnings data on Thursday, May 7th. The specialty retailer reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.08. ACM Research had a return on equity of 4.17% and a net margin of 9.48%.The firm had revenue of $231.26 million for the quarter, compared to the consensus estimate of $215.69 million. During the same quarter in the prior year, the business earned $0.46 EPS. The business’s revenue for the quarter was up 34.2% compared to the same quarter last year. On average, analysts anticipate that ACM Research, Inc. will post 1.2 EPS for the current year.

Analyst Ratings Changes

ACMR has been the topic of a number of analyst reports. Weiss Ratings raised ACM Research from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. Zacks Research downgraded ACM Research from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Seaport Research Partners initiated coverage on ACM Research in a research note on Monday, May 4th. They issued a “buy” rating and a $75.00 price target on the stock. Finally, Wall Street Zen raised ACM Research from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, ACM Research currently has a consensus rating of “Hold” and a consensus price target of $40.00.

Institutional Trading of ACM Research

A number of large investors have recently made changes to their positions in ACMR. Farther Finance Advisors LLC increased its position in shares of ACM Research by 90.1% in the 4th quarter. Farther Finance Advisors LLC now owns 650 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 308 shares in the last quarter. Hantz Financial Services Inc. increased its position in shares of ACM Research by 266.7% in the 4th quarter. Hantz Financial Services Inc. now owns 660 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 480 shares in the last quarter. Leonteq Securities AG bought a new stake in shares of ACM Research in the 4th quarter valued at $28,000. Jones Financial Companies Lllp increased its position in shares of ACM Research by 206.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 764 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 515 shares in the last quarter. Finally, SBI Securities Co. Ltd. increased its holdings in ACM Research by 78.9% during the 3rd quarter. SBI Securities Co. Ltd. now owns 832 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 367 shares in the last quarter. Institutional investors own 66.75% of the company’s stock.

ACM Research Company Profile

ACM Research, Inc (NASDAQ:ACMR) designs, develops and markets wet processing equipment for the semiconductor industry. The company focuses on advanced wafer cleaning technologies that address critical contamination-control requirements for logic, memory and advanced packaging applications. Since its founding in 2003, ACM Research has engineered modular platform tools that can be configured for a range of spin, scrub and batch cleaning processes.

Its product portfolio encompasses single-wafer spin cleaning systems featuring high-purity megasonic capabilities, dynamic chemical scrubbing modules for post-CMP residue removal and batch-process cleaning equipment designed for high-throughput production environments.