Advisory Research Inc. Buys Shares of 25,935 ACM Research, Inc. $ACMR

Key Points

• Advisory Research Inc. opened a new position of 25,935 shares in ACM Research (NASDAQ:ACMR) in Q3, valued at about $1.015 million, and institutional investors now own 66.75% of the company.
• Director Tracy Liu sold 15,000 shares on March 11 at an average price of $47.91 (≈$718,650), cutting her ownership by 11.93%; insiders collectively own 25% of the stock.
• Analysts are mixed but MarketBeat shows a consensus Buy with a $40.00 target; ACMR opened at $45.27 (down 5.5% in the report), has a $2.75B market cap, a PE of 33.04, and a 52‑week range of $16.82–$71.65.

Advisory Research Inc. acquired a new position in shares of ACM Research, Inc. (NASDAQ:ACMR - Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 25,935 shares of the specialty retailer's stock, valued at approximately $1,015,000.

Other institutional investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its position in ACM Research by 206.8% in the third quarter. Jones Financial Companies Lllp now owns 764 shares of the specialty retailer's stock worth $29,000 after acquiring an additional 515 shares in the last quarter. SBI Securities Co. Ltd. boosted its position in shares of 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 purchasing an additional 367 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of ACM Research by 656.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,293 shares of the specialty retailer's stock valued at $33,000 after purchasing an additional 1,122 shares during the period. Headlands Technologies LLC purchased a new stake in ACM Research during the second quarter worth about $114,000. Finally, Lazard Asset Management LLC grew its position in ACM Research by 27.9% during the second quarter. Lazard Asset Management LLC now owns 5,245 shares of the specialty retailer's stock worth $135,000 after buying an additional 1,145 shares during the period. Hedge funds and other institutional investors own 66.75% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ACMR. Wall Street Zen lowered ACM Research from a "hold" rating to a "sell" rating in a research note on Sunday, March 8th. Weiss Ratings downgraded ACM Research from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Monday. Finally, Zacks Research upgraded shares of ACM Research from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, ACM Research currently has a consensus rating of "Buy" and a consensus price target of $40.00.

ACM Research Trading Down 5.5%

ACM Research stock opened at $45.27 on Friday. The stock has a 50-day moving average price of $55.69 and a 200 day moving average price of $42.64. ACM Research, Inc. has a 52 week low of $16.82 and a 52 week high of $71.65. The stock has a market cap of $2.75 billion, a PE ratio of 33.04 and a beta of 1.49. The company has a current ratio of 3.27, a quick ratio of 2.33 and a debt-to-equity ratio of 0.09.

Insider Activity at ACM Research

In other news, Director Tracy Liu sold 15,000 shares of ACM Research stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $47.91, for a total transaction of $718,650.00. Following the completion of the sale, the director directly owned 110,772 shares in the company, valued at $5,307,086.52. The trade was a 11.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 25.00% of the stock is currently owned by company insiders.

ACM Research Company Profile

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.

Want to see what other hedge funds are holding ACMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ACM Research, Inc. (NASDAQ:ACMR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.