Arlington Capital Management Inc. Acquires Shares of 68,224 ACM Research, Inc. (NASDAQ:ACMR)

Arlington Capital Management Inc. purchased a new stake in ACM Research, Inc. (NASDAQ:ACMR - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 68,224 shares of the specialty retailer's stock, valued at approximately $1,333,000. ACM Research accounts for about 1.2% of Arlington Capital Management Inc.'s holdings, making the stock its 22nd biggest position. Arlington Capital Management Inc. owned 0.12% of ACM Research as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in ACM Research by 10.9% in the third quarter. Vanguard Group Inc. now owns 4,082,835 shares of the specialty retailer's stock valued at $73,920,000 after acquiring an additional 399,854 shares during the period. Ariose Capital Management Ltd increased its position in shares of ACM Research by 163.8% during the 4th quarter. Ariose Capital Management Ltd now owns 1,980,671 shares of the specialty retailer's stock worth $38,702,000 after purchasing an additional 1,229,839 shares in the last quarter. Pertento Partners LLP lifted its holdings in ACM Research by 3.4% during the 3rd quarter. Pertento Partners LLP now owns 1,195,464 shares of the specialty retailer's stock valued at $21,644,000 after purchasing an additional 39,207 shares during the last quarter. Panview Asian Equity Master Fund boosted its position in ACM Research by 264.7% in the fourth quarter. Panview Asian Equity Master Fund now owns 1,057,753 shares of the specialty retailer's stock valued at $20,668,000 after buying an additional 767,753 shares in the last quarter. Finally, UBS Group AG grew its stake in ACM Research by 3.9% during the third quarter. UBS Group AG now owns 525,322 shares of the specialty retailer's stock worth $9,511,000 after buying an additional 19,871 shares during the last quarter. Institutional investors and hedge funds own 66.75% of the company's stock.

Insider Activity at ACM Research

In other ACM Research news, Director Tracy Liu sold 12,500 shares of ACM Research stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $25.20, for a total transaction of $315,000.00. Following the completion of the sale, the director now owns 110,772 shares of the company's stock, valued at approximately $2,791,454.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Haiping Dun sold 15,000 shares of ACM Research stock in a transaction on Friday, March 8th. The shares were sold at an average price of $30.36, for a total transaction of $455,400.00. Following the transaction, the director now directly owns 874,524 shares of the company's stock, valued at $26,550,548.64. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Tracy Liu sold 12,500 shares of the company's stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $25.20, for a total transaction of $315,000.00. Following the completion of the sale, the director now owns 110,772 shares of the company's stock, valued at approximately $2,791,454.40. The disclosure for this sale can be found here. Insiders have sold 149,434 shares of company stock worth $4,375,572 over the last ninety days. Company insiders own 33.63% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on ACMR shares. Benchmark lifted their target price on shares of ACM Research from $35.00 to $38.00 and gave the company a "buy" rating in a research note on Wednesday, March 6th. Needham & Company LLC reissued a "buy" rating and issued a $34.00 price objective on shares of ACM Research in a research note on Thursday. Roth Mkm raised their target price on ACM Research from $20.00 to $25.00 and gave the company a "buy" rating in a research note on Wednesday, January 10th. Finally, The Goldman Sachs Group upgraded shares of ACM Research from a "neutral" rating to a "buy" rating and set a $39.00 price target on the stock in a research report on Thursday, February 29th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, ACM Research has a consensus rating of "Buy" and an average target price of $31.88.

ACM Research Trading Down 1.1 %

ACMR traded down $0.27 during mid-day trading on Thursday, reaching $25.29. The stock had a trading volume of 1,006,379 shares, compared to its average volume of 1,611,174. The firm's fifty day simple moving average is $28.68 and its two-hundred day simple moving average is $21.93. The stock has a market capitalization of $1.44 billion, a P/E ratio of 21.62 and a beta of 1.42. ACM Research, Inc. has a 52 week low of $9.10 and a 52 week high of $34.40. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.26 and a current ratio of 2.35.

ACM Research (NASDAQ:ACMR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The specialty retailer reported $0.43 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.27. The firm had revenue of $170.30 million during the quarter, compared to analyst estimates of $149.54 million. ACM Research had a return on equity of 9.23% and a net margin of 13.87%. The company's revenue was up 57.0% on a year-over-year basis. During the same period last year, the company earned $0.15 earnings per share. On average, equities analysts predict that ACM Research, Inc. will post 1.22 EPS for the current year.

ACM Research Company Profile

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.