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 stock in a transaction on Monday, July 7th. The shares were sold at an average price of $28.00, for a total value of $420,000.00. Following the completion of the transaction, the insider directly owned 50,001 shares in the company, valued at $1,400,028. 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 available 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 shares were sold at an average price of $26.00, for a total transaction of $390,000.00.

ACM Research Stock Performance

NASDAQ ACMR traded up $0.08 during trading hours on Thursday, hitting $29.19. The company had a trading volume of 705,351 shares, compared to its average volume of 1,446,626. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.49 and a current ratio of 2.46. ACM Research, Inc. has a 1-year low of $13.87 and a 1-year high of $30.64. The company has a market cap of $1.72 billion, a PE ratio of 18.71 and a beta of 1.50. The business has a 50 day moving average of $24.50 and a 200-day moving average of $22.47.

Institutional Investors Weigh In On ACM Research

Hedge funds have recently made changes to their positions in the business. KBC Group NV acquired a new stake in shares of ACM Research during the first quarter worth about $29,000. Tower Research Capital LLC TRC lifted its position in ACM Research by 506.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,018 shares of the specialty retailer's stock valued at $30,000 after purchasing an additional 1,685 shares during the period. Picton Mahoney Asset Management lifted its position in ACM Research by 66.2% in the fourth quarter. Picton Mahoney Asset Management now owns 3,104 shares of the specialty retailer's stock valued at $47,000 after purchasing an additional 1,236 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in ACM Research by 871.5% in the first quarter. Caitong International Asset Management Co. Ltd now owns 4,673 shares of the specialty retailer's stock valued at $109,000 after purchasing an additional 4,192 shares during the period. Finally, Harvest Fund Management Co. Ltd acquired a new stake in ACM Research in the first quarter valued at about $114,000. 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.