Advisory Research Inc. Buys Shares of 25,935 ACM Research, Inc. $ACMR

Advisory Research Inc. acquired a new position in shares of ACM Research, Inc. (NASDAQ:ACMR) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 25,935 shares of the specialty retailer’s stock, valued at approximately $1,015,000.

Other institutional investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp raised 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 worth $29,000 after acquiring an additional 515 shares in the last quarter. SBI Securities Co. Ltd. boosted its position in shares of ACM Research by 78.9% during the 3rd quarter. SBI Securities Co. Ltd. now owns 832 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 367 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of ACM Research by 656.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,293 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 1,122 shares during the period. Headlands Technologies LLC purchased a new stake in ACM Research during the second quarter worth about $114,000. Finally, Lazard Asset Management LLC grew its position in ACM Research by 27.9% during the second quarter. Lazard Asset Management LLC now owns 5,245 shares of the specialty retailer’s stock worth $135,000 after buying an additional 1,145 shares during the period. Hedge funds and other institutional investors own 66.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ACMR. Wall Street Zen lowered ACM Research from a “hold” rating to a “sell” rating in a research note on Sunday, March 8th. Weiss Ratings downgraded ACM Research from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday. Finally, Zacks Research upgraded shares of ACM Research from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, ACM Research currently has a consensus rating of “Buy” and a consensus price target of $40.00.

ACM Research Trading Down 5.5%

ACM Research stock opened at $45.27 on Friday. The stock has a 50-day moving average price of $55.69 and a 200 day moving average price of $42.64. ACM Research, Inc. has a 52 week low of $16.82 and a 52 week high of $71.65. The stock has a market cap of $2.75 billion, a PE ratio of 33.04 and a beta of 1.49. The company has a current ratio of 3.27, a quick ratio of 2.33 and a debt-to-equity ratio of 0.09.

Insider Activity at ACM Research

In other news, Director Tracy Liu sold 15,000 shares of ACM Research stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $47.91, for a total transaction of $718,650.00. Following the completion of the sale, the director directly owned 110,772 shares in the company, valued at $5,307,086.52. The trade was a 11.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 25.00% of the stock is currently owned by company insiders.

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.