Lisa Feng Sells 15,000 Shares of ACM Research, Inc. (NASDAQ:ACMR) Stock

ACM Research, Inc. (NASDAQ:ACMR - Get Free Report) insider Lisa Feng sold 15,000 shares of the firm's stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $26.00, for a total value of $390,000.00. Following the sale, the insider now owns 50,001 shares in the company, valued at $1,300,026. This trade represents a 23.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

ACM Research Trading Down 2.8%

ACM Research stock traded down $0.73 during midday trading on Friday, reaching $25.78. The stock had a trading volume of 1,505,477 shares, compared to its average volume of 1,454,558. ACM Research, Inc. has a twelve month low of $13.87 and a twelve month high of $30.64. The stock has a market capitalization of $1.52 billion, a PE ratio of 16.53 and a beta of 1.48. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.49 and a current ratio of 2.46. The stock's 50-day simple moving average is $23.02 and its 200 day simple moving average is $21.78.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ACMR. Militia Capital Partners LP acquired a new position in shares of ACM Research during the first quarter worth about $506,000. Inspire Investing LLC acquired a new position in shares of ACM Research during the first quarter worth about $655,000. Rhumbline Advisers lifted its stake in shares of ACM Research by 3.6% during the first quarter. Rhumbline Advisers now owns 76,416 shares of the specialty retailer's stock worth $1,784,000 after purchasing an additional 2,677 shares in the last quarter. Strs Ohio acquired a new position in shares of ACM Research during the first quarter worth about $133,000. Finally, Diker Management LLC acquired a new position in shares of ACM Research during the first quarter worth about $744,000. Institutional investors and hedge funds own 66.75% of the company's stock.

About ACM Research

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.