30,975 Shares in ACM Research, Inc. $ACMR Acquired by Fideuram Asset Management Ireland dac

Fideuram Asset Management Ireland dac purchased a new position in shares of ACM Research, Inc. (NASDAQ:ACMR) during the 4th quarter, Holdings Channel.com reports. The firm purchased 30,975 shares of the specialty retailer’s stock, valued at approximately $1,222,000.

Several other large investors have also made changes to their positions in the company. Farther Finance Advisors LLC boosted its position in ACM Research by 90.1% in the fourth quarter. Farther Finance Advisors LLC now owns 650 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 308 shares in the last quarter. Hantz Financial Services Inc. boosted its position in ACM Research by 266.7% in the fourth quarter. Hantz Financial Services Inc. now owns 660 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 480 shares in the last quarter. Leonteq Securities AG acquired a new stake in ACM Research in the fourth quarter valued at approximately $28,000. Jones Financial Companies Lllp boosted 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 valued at $29,000 after buying an additional 515 shares in the last quarter. Finally, SBI Securities Co. Ltd. boosted its position in ACM Research by 78.9% in the third quarter. SBI Securities Co. Ltd. now owns 832 shares of the specialty retailer’s stock valued at $33,000 after buying an additional 367 shares in the last quarter. Institutional investors and hedge funds own 66.75% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on ACMR shares. Seaport Research Partners started coverage on shares of ACM Research in a research report on Monday, May 4th. They issued a “buy” rating and a $75.00 target price on the stock. Zacks Research lowered shares of ACM Research from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Wall Street Zen upgraded shares of ACM Research from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings upgraded shares of ACM Research from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $40.00.

ACM Research Price Performance

Shares of NASDAQ:ACMR opened at $86.56 on Friday. The firm has a market cap of $5.30 billion, a PE ratio of 66.08 and a beta of 1.82. The firm’s fifty day moving average is $55.38 and its 200-day moving average is $49.89. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.52 and a current ratio of 3.51. ACM Research, Inc. has a 52 week low of $21.87 and a 52 week high of $94.21.

ACM Research (NASDAQ:ACMR) last issued its quarterly earnings results on Thursday, May 7th. The specialty retailer reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.08. The company had revenue of $231.26 million for the quarter, compared to analyst estimates of $215.69 million. ACM Research had a net margin of 9.48% and a return on equity of 4.17%. ACM Research’s revenue was up 34.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.46 earnings per share. Sell-side analysts predict that ACM Research, Inc. will post 1.2 earnings per share for the current year.

Insider Transactions at ACM Research

In other news, Director Charles C. Pappis sold 5,000 shares of ACM Research stock in a transaction on Friday, April 17th. The shares were sold at an average price of $52.00, for a total transaction of $260,000.00. Following the transaction, the director owned 5,000 shares in the company, valued at approximately $260,000. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Haiping Dun sold 5,000 shares of ACM Research stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $66.22, for a total transaction of $331,100.00. Following the transaction, the director owned 5,000 shares in the company, valued at approximately $331,100. This trade represents a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 70,000 shares of company stock worth $3,441,850. Company insiders own 25.00% of the company’s stock.

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.