Key Points
- Insider sale: Director David Wang sold 60,000 shares on December 4 at an average price of $34.12 for a total of $2,047,200, trimming his position by 6.95% to 802,708 shares (about $27.39M).
- Mixed quarterly results: ACMR reported $0.36 EPS, missing the $0.47 consensus, but revenue came in at $269.16M—up 32% year‑over‑year and above expectations.
- Market view: The stock opened at $35.10 with a $2.10B market cap, and analysts hold a consensus "Hold" rating with a $38.00 target.
ACM Research, Inc. (NASDAQ:ACMR - Get Free Report) insider David Wang sold 60,000 shares of the stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $34.12, for a total value of $2,047,200.00. Following the completion of the sale, the insider owned 802,708 shares in the company, valued at approximately $27,388,396.96. The trade was a 6.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
ACM Research Trading Up 1.4%
ACMR stock opened at $35.10 on Friday. The company has a market capitalization of $2.10 billion, a PE ratio of 20.41 and a beta of 1.45. ACM Research, Inc. has a 12 month low of $14.22 and a 12 month high of $45.12. The firm's 50-day moving average is $36.65 and its 200 day moving average is $30.84. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.48 and a quick ratio of 2.48.
ACM Research (NASDAQ:ACMR - Get Free Report) last issued its earnings results on Wednesday, November 5th. The specialty retailer reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.47 by ($0.11). ACM Research had a return on equity of 7.11% and a net margin of 13.30%.The company had revenue of $269.16 million for the quarter, compared to analysts' expectations of $251.72 million. During the same period last year, the business posted $0.63 earnings per share. The business's revenue was up 32.0% compared to the same quarter last year. On average, research analysts anticipate that ACM Research, Inc. will post 1.17 EPS for the current year.
Wall Street Analyst Weigh In
ACMR has been the subject of several research reports. Roth Capital reaffirmed a "buy" rating and issued a $40.00 price target on shares of ACM Research in a research report on Wednesday, November 5th. Zacks Research lowered ACM Research from a "hold" rating to a "strong sell" rating in a report on Wednesday, November 12th. Finally, Weiss Ratings cut ACM Research from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $38.00.
Check Out Our Latest Analysis on ACMR
Institutional Trading of ACM Research
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Inspire Investing LLC acquired a new stake in ACM Research during the 1st quarter worth $655,000. Aberdeen Group plc purchased a new position in shares of ACM Research in the first quarter worth about $235,000. Pinpoint Asset Management Ltd boosted its position in ACM Research by 14.4% during the first quarter. Pinpoint Asset Management Ltd now owns 122,428 shares of the specialty retailer's stock worth $2,857,000 after acquiring an additional 15,382 shares during the last quarter. Triata Capital Ltd boosted its position in ACM Research by 33.5% during the first quarter. Triata Capital Ltd now owns 1,371,125 shares of the specialty retailer's stock worth $32,002,000 after acquiring an additional 344,158 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its stake in ACM Research by 388.3% during the 1st quarter. Russell Investments Group Ltd. now owns 142,244 shares of the specialty retailer's stock valued at $3,320,000 after acquiring an additional 113,111 shares in the last quarter. Hedge funds and other institutional investors own 66.75% of the company's stock.
ACM Research Company Profile
(
Get Free Report)
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.
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