26,727 Shares in ACM Research, Inc. $ACMR Acquired by Jefferies Financial Group Inc.

Key Points

• Jefferies Financial Group disclosed a new fourth-quarter position in ACM Research, buying 26,727 shares valued at about $1.054 million.
• ACM Research reported better-than-expected quarterly results, with EPS of $0.34 versus estimates of $0.26 and revenue of $231.26 million, up 34.2% year over year.
• Despite the stock's recent strength, insider selling has been notable: directors Charles C. Pappis and Haiping Dun each sold 5,000 shares, and insiders sold 70,000 shares over the last 90 days.

Jefferies Financial Group Inc. bought a new position in shares of ACM Research, Inc. (NASDAQ:ACMR - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 26,727 shares of the specialty retailer's stock, valued at approximately $1,054,000.

Other large investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its position in ACM Research by 90.1% during the 4th quarter. Farther Finance Advisors LLC now owns 650 shares of the specialty retailer's stock worth $26,000 after acquiring an additional 308 shares during the last quarter. Leonteq Securities AG acquired a new position in ACM Research during the 4th quarter worth approximately $28,000. Jones Financial Companies Lllp boosted its position in ACM Research by 206.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 764 shares of the specialty retailer's stock worth $29,000 after acquiring an additional 515 shares during the last quarter. SBI Securities Co. Ltd. boosted its position in ACM Research by 78.9% during the 3rd quarter. SBI Securities Co. Ltd. now owns 832 shares of the specialty retailer's stock worth $33,000 after acquiring an additional 367 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in ACM Research by 656.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,293 shares of the specialty retailer's stock worth $33,000 after acquiring an additional 1,122 shares during the last quarter. Institutional investors and hedge funds own 66.75% of the company's stock.

Insider Transactions at ACM Research

In other news, Director Charles C. Pappis sold 5,000 shares of ACM Research stock in a transaction on Friday, April 17th. The stock was sold at an average price of $52.00, for a total transaction of $260,000.00. Following the completion of the sale, the director owned 5,000 shares of the company's stock, valued at approximately $260,000. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Haiping Dun sold 5,000 shares of ACM Research stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $66.22, for a total value of $331,100.00. Following the sale, the director directly owned 5,000 shares of the company's stock, valued at $331,100. This represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 70,000 shares of company stock valued at $3,441,850. 25.00% of the stock is currently owned by corporate insiders.

ACM Research Stock Up 4.8%

ACMR opened at $92.86 on Friday. ACM Research, Inc. has a fifty-two week low of $21.87 and a fifty-two week high of $93.90. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.52 and a current ratio of 3.51. The company has a market capitalization of $5.69 billion, a P/E ratio of 70.89 and a beta of 1.82. The stock has a fifty day moving average of $54.59 and a 200-day moving average of $49.63.

ACM Research (NASDAQ:ACMR - Get Free Report) last posted its earnings results on Thursday, May 7th. The specialty retailer reported $0.34 earnings per share for the quarter, topping analysts' consensus estimates of $0.26 by $0.08. ACM Research had a return on equity of 4.17% and a net margin of 9.48%.The company had revenue of $231.26 million during the quarter, compared to the consensus estimate of $215.69 million. During the same quarter last year, the firm earned $0.46 earnings per share. The company's revenue was up 34.2% on a year-over-year basis. On average, equities analysts expect that ACM Research, Inc. will post 1.2 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ACMR shares. Zacks Research cut ACM Research from a "strong-buy" rating to a "hold" rating in a report on Monday, April 27th. Seaport Research Partners started coverage on ACM Research in a report on Monday, May 4th. They issued a "buy" rating and a $75.00 price objective for the company. Weiss Ratings upgraded ACM Research from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, April 24th. Finally, Wall Street Zen raised ACM Research from a "sell" rating to a "hold" rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $40.00.

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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