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

ACM Research, Inc. (NASDAQ:ACMR) Director Tracy Liu sold 15,000 shares of the business’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $47.91, for a total transaction of $718,650.00. Following the transaction, the director directly owned 110,772 shares in the company, valued at approximately $5,307,086.52. The trade was a 11.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Tracy Liu also recently made the following trade(s):

• On Tuesday, March 10th, Tracy Liu sold 45,000 shares of ACM Research stock. The stock was sold at an average price of $47.38, for a total transaction of $2,132,100.00.

ACM Research Trading Up 3.0%

Shares of NASDAQ:ACMR traded up $1.38 on Friday, hitting $46.65. The company had a trading volume of 305,859 shares, compared to its average volume of 1,571,287. The firm’s 50-day simple moving average is $55.69 and its two-hundred day simple moving average is $42.64. The firm has a market capitalization of $2.83 billion, a price-to-earnings ratio of 33.96 and a beta of 1.49. The company has a quick ratio of 2.33, a current ratio of 3.27 and a debt-to-equity ratio of 0.09. ACM Research, Inc. has a 1 year low of $16.82 and a 1 year high of $71.65.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Weiss Ratings lowered ACM Research from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Zacks Research raised shares of ACM Research from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 6th. Finally, Wall Street Zen lowered shares of ACM Research from a “hold” rating to a “sell” rating in a research note on Sunday, March 8th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $40.00.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC grew its stake in shares of ACM Research by 90.1% in the fourth quarter. Farther Finance Advisors LLC now owns 650 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 308 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in ACM Research by 266.7% in the 4th quarter. Hantz Financial Services Inc. now owns 660 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 480 shares in the last quarter. Leonteq Securities AG purchased a new stake in ACM Research during the 4th quarter valued at about $28,000. Jones Financial Companies Lllp grew its position in ACM Research by 206.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 764 shares of the specialty retailer’s stock valued at $29,000 after purchasing an additional 515 shares during the last quarter. Finally, SBI Securities Co. Ltd. increased its stake in ACM Research by 78.9% during the 3rd quarter. SBI Securities Co. Ltd. now owns 832 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 367 shares in the last quarter. Hedge funds and other 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.