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

Key Points

• ACM director Tracy Liu sold 60,000 shares in two transactions (45,000 on March 10 at $47.38 and 15,000 on March 11 at $47.91), totaling about $2.85M; after the March 11 sale she owned 110,772 shares valued at roughly $5.31M.
• ACMR shares recently traded near $45.27 (50‑day avg $55.57, 200‑day avg $42.62) and analyst views are mixed — a consensus "Buy" but a $40 target with recent downgrades from some firms and a strong‑buy from Zacks.

ACM Research, Inc. (NASDAQ:ACMR - Get Free Report) Director Tracy Liu sold 15,000 shares of the company's stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $47.91, for a total value of $718,650.00. Following the completion of the transaction, the director directly owned 110,772 shares of the company's stock, valued at approximately $5,307,086.52. This trade represents a 11.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 value of $2,132,100.00.

ACM Research Price Performance

Shares of ACMR stock traded down $2.61 during mid-day trading on Thursday, hitting $45.27. The company had a trading volume of 1,178,039 shares, compared to its average volume of 1,598,481. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.27 and a quick ratio of 2.33. The stock's 50 day moving average price is $55.57 and its 200-day moving average price is $42.62. ACM Research, Inc. has a 52-week low of $16.82 and a 52-week high of $71.65. The company has a market capitalization of $2.75 billion, a P/E ratio of 33.04 and a beta of 1.49.

Wall Street Analyst Weigh In

ACMR has been the subject of a number of research analyst reports. Weiss Ratings lowered ACM Research from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday. Wall Street Zen cut ACM Research from a "hold" rating to a "sell" rating in a report on Sunday. Finally, Zacks Research raised ACM Research from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, ACM Research currently has an average rating of "Buy" and a consensus target price of $40.00.

Hedge Funds Weigh In On ACM Research

Institutional investors and hedge funds have recently modified their holdings of the stock. Invesco Ltd. raised its holdings in ACM Research by 444.5% during the 4th quarter. Invesco Ltd. now owns 1,342,136 shares of the specialty retailer's stock valued at $52,947,000 after buying an additional 1,095,634 shares during the period. Cederberg Capital Ltd boosted its stake in ACM Research by 39.8% during the fourth quarter. Cederberg Capital Ltd now owns 693,900 shares of the specialty retailer's stock worth $27,374,000 after buying an additional 197,400 shares during the period. Vident Advisory LLC bought a new position in ACM Research during the fourth quarter valued at $383,000. State of Tennessee Department of Treasury purchased a new stake in shares of ACM Research in the fourth quarter valued at $622,000. Finally, Mackenzie Financial Corp raised its stake in shares of ACM Research by 4.3% in the fourth quarter. Mackenzie Financial Corp now owns 56,681 shares of the specialty retailer's stock valued at $2,274,000 after acquiring an additional 2,344 shares during the period. Hedge funds and other institutional investors own 66.75% of the company's stock.

About ACM Research

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.

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