Militia Capital Partners LP Makes New $506,000 Investment in ACM Research, Inc. $ACMR

Militia Capital Partners LP acquired a new position in ACM Research, Inc. (NASDAQ:ACMR) during the first quarter, HoldingsChannel reports. The institutional investor acquired 21,689 shares of the specialty retailer’s stock, valued at approximately $506,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. KBC Group NV purchased a new stake in ACM Research in the first quarter worth about $29,000. Tower Research Capital LLC TRC grew its holdings in ACM Research by 506.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,018 shares of the specialty retailer’s stock worth $30,000 after purchasing an additional 1,685 shares during the period. Caitong International Asset Management Co. Ltd grew its holdings in ACM Research by 871.5% in the first quarter. Caitong International Asset Management Co. Ltd now owns 4,673 shares of the specialty retailer’s stock worth $109,000 after purchasing an additional 4,192 shares during the period. Harvest Fund Management Co. Ltd purchased a new stake in ACM Research in the first quarter worth about $114,000. Finally, Palouse Capital Management Inc. grew its holdings in ACM Research by 76.0% in the first quarter. Palouse Capital Management Inc. now owns 5,115 shares of the specialty retailer’s stock worth $119,000 after purchasing an additional 2,208 shares during the period. Hedge funds and other institutional investors own 66.75% of the company’s stock.

Insider Transactions at ACM Research

In other news, Director Tracy Liu sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $30.00, for a total value of $450,000.00. Following the transaction, the director owned 110,772 shares in the company, valued at approximately $3,323,160. This represents a 11.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider David H. Wang sold 70,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $26.76, for a total transaction of $1,873,200.00. Following the completion of the transaction, the insider owned 672,708 shares in the company, valued at approximately $18,001,666.08. This represents a 9.42% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 246,152 shares of company stock valued at $6,914,160. 25.00% of the stock is currently owned by insiders.

ACM Research Price Performance

Shares of ACMR opened at $30.10 on Friday. The stock has a market cap of $1.78 billion, a PE ratio of 18.24 and a beta of 1.43. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.49 and a current ratio of 2.45. ACM Research, Inc. has a fifty-two week low of $13.87 and a fifty-two week high of $32.54. The firm’s 50-day simple moving average is $28.20 and its two-hundred day simple moving average is $25.26.

ACM Research (NASDAQ:ACMR) last issued its earnings results on Wednesday, August 6th. The specialty retailer reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.12. The firm had revenue of $215.37 million for the quarter, compared to the consensus estimate of $223.42 million. ACM Research had a net margin of 13.76% and a return on equity of 9.57%. The business’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.55 earnings per share. Analysts anticipate that ACM Research, Inc. will post 1.17 earnings per share for the current fiscal year.

ACM Research 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.