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

ACM Research, Inc. (NASDAQ:ACMR - Get Free Report) insider Lisa Feng sold 15,000 shares of the stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $28.00, for a total transaction of $420,000.00. Following the completion of the transaction, the insider directly owned 50,001 shares of the company's stock, valued at approximately $1,400,028. The trade was a 23.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Lisa Feng also recently made the following trade(s):

• On Tuesday, June 24th, Lisa Feng sold 15,000 shares of ACM Research stock. The stock was sold at an average price of $26.00, for a total transaction of $390,000.00.

ACM Research Trading Down 2.2%

NASDAQ ACMR traded down $0.63 during trading on Friday, hitting $28.56. The stock had a trading volume of 718,300 shares, compared to its average volume of 1,446,784. 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 has a market capitalization of $1.68 billion, a price-to-earnings ratio of 18.31 and a beta of 1.50. ACM Research, Inc. has a one year low of $13.87 and a one year high of $30.64. The stock has a 50 day simple moving average of $24.67 and a 200 day simple moving average of $22.61.

Institutional Trading of ACM Research

Institutional investors have recently added to or reduced their stakes in the company. Man Group plc bought a new stake in ACM Research in the fourth quarter worth about $370,000. Intech Investment Management LLC lifted its stake in ACM Research by 70.0% in the fourth quarter. Intech Investment Management LLC now owns 21,273 shares of the specialty retailer's stock worth $321,000 after purchasing an additional 8,760 shares during the last quarter. Aristides Capital LLC purchased a new position in shares of ACM Research during the fourth quarter worth approximately $204,000. Pertento Partners LLP increased its position in shares of ACM Research by 22.3% during the fourth quarter. Pertento Partners LLP now owns 1,185,037 shares of the specialty retailer's stock worth $17,894,000 after acquiring an additional 215,744 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of ACM Research during the fourth quarter worth approximately $1,294,000. Institutional investors 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.