Tracy Liu Sells 45,000 Shares of ACM Research (NASDAQ:ACMR) Stock

Key Points

• Director Tracy Liu sold 45,000 shares of ACM Research on March 10 at an average price of $47.38 for $2.13M and sold an additional 15,000 shares on March 11 at $47.91, leaving her with 110,772 shares — a 28.89% reduction in her ownership.
• ACM Research shares traded down about 5.5% to $45.27 midday on heavy volume (≈1.18M), with a market cap of $2.75B and a P/E of 33.04.
• Analyst views are mixed (Zacks upgraded to Strong Buy while others downgraded), but MarketBeat shows a consensus Buy and an average price target of $40; institutional investors own roughly 66.75%, with Vanguard and LSV notably increasing stakes.

ACM Research, Inc. (NASDAQ:ACMR - Get Free Report) Director Tracy Liu sold 45,000 shares of ACM Research stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $47.38, for a total transaction of $2,132,100.00. Following the completion of the transaction, the director directly owned 110,772 shares in the company, valued at approximately $5,248,377.36. This trade represents a 28.89% 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 link.

Tracy Liu also recently made the following trade(s):

• On Wednesday, March 11th, Tracy Liu sold 15,000 shares of ACM Research stock. The shares were sold at an average price of $47.91, for a total transaction of $718,650.00.

ACM Research Trading Down 5.5%

ACM Research stock traded down $2.61 during midday trading on Thursday, reaching $45.27. The stock had a trading volume of 1,178,039 shares, compared to its average volume of 1,598,481. ACM Research, Inc. has a twelve month low of $16.82 and a twelve month high of $71.65. 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 firm has a market cap of $2.75 billion, a price-to-earnings ratio of 33.04 and a beta of 1.49. The firm's fifty day simple moving average is $55.57 and its two-hundred day simple moving average is $42.62.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of ACM Research by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 4,972,103 shares of the specialty retailer's stock valued at $196,149,000 after purchasing an additional 125,690 shares during the last quarter. LSV Asset Management raised its holdings in ACM Research by 462.9% during the third quarter. LSV Asset Management now owns 2,504,305 shares of the specialty retailer's stock valued at $97,993,000 after buying an additional 2,059,405 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its holdings in ACM Research by 39.3% during the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,302,351 shares of the specialty retailer's stock valued at $59,631,000 after buying an additional 649,116 shares in the last quarter. Triata Capital Ltd lifted its position in shares of ACM Research by 26.0% in the third quarter. Triata Capital Ltd now owns 2,003,225 shares of the specialty retailer's stock worth $78,386,000 after buying an additional 413,000 shares during the last quarter. Finally, Federated Hermes Inc. boosted its stake in shares of ACM Research by 32.5% during the 2nd quarter. Federated Hermes Inc. now owns 1,421,688 shares of the specialty retailer's stock worth $36,822,000 after acquiring an additional 348,936 shares in the last quarter. Institutional investors and hedge funds 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.

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.