35,273 Shares in ACM Research, Inc. (NASDAQ:ACMR) Purchased by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC purchased a new stake in ACM Research, Inc. (NASDAQ:ACMR - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 35,273 shares of the specialty retailer's stock, valued at approximately $823,000. Segall Bryant & Hamill LLC owned approximately 0.06% of ACM Research as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of ACMR. Vanguard Group Inc. lifted its holdings in shares of ACM Research by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 4,201,403 shares of the specialty retailer's stock worth $63,441,000 after acquiring an additional 67,255 shares during the period. Kerrisdale Advisers LLC lifted its holdings in shares of ACM Research by 550.8% during the 4th quarter. Kerrisdale Advisers LLC now owns 1,948,003 shares of the specialty retailer's stock worth $29,415,000 after acquiring an additional 1,648,685 shares during the period. Mitsubishi UFJ Trust & Banking Corp lifted its holdings in shares of ACM Research by 2,258.3% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,469,271 shares of the specialty retailer's stock worth $22,171,000 after acquiring an additional 1,406,968 shares during the period. Pertento Partners LLP lifted its holdings in shares of ACM Research by 22.3% during the 4th 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, Geode Capital Management LLC lifted its holdings in shares of ACM Research by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 1,184,872 shares of the specialty retailer's stock worth $17,896,000 after acquiring an additional 4,131 shares during the last quarter. 66.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Lisa Feng sold 15,000 shares of ACM Research stock in a transaction on 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 owned 50,001 shares of the company's stock, valued at $1,400,028. This trade represents a 23.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider David H. Wang sold 70,000 shares of ACM Research stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $23.60, for a total transaction of $1,652,000.00. Following the transaction, the insider directly owned 672,708 shares of the company's stock, valued at $15,875,908.80. This represents a 9.42% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 175,000 shares of company stock valued at $4,269,800. Insiders own 25.00% of the company's stock.

ACM Research Price Performance

NASDAQ:ACMR traded up $0.59 on Wednesday, hitting $30.19. The company had a trading volume of 728,159 shares, compared to its average volume of 1,425,415. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 19.35 and a beta of 1.50. The company has a current ratio of 2.46, a quick ratio of 1.49 and a debt-to-equity ratio of 0.12. The firm has a 50 day moving average of $25.86 and a two-hundred day moving average of $23.36. ACM Research, Inc. has a 52 week low of $13.87 and a 52 week high of $30.73.

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.