Hussman Strategic Advisors Inc. Raises Position in ACM Research, Inc. $ACMR

Hussman Strategic Advisors Inc. grew its holdings in shares of ACM Research, Inc. (NASDAQ:ACMR) by 20.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 63,000 shares of the specialty retailer’s stock after purchasing an additional 10,500 shares during the period. Hussman Strategic Advisors Inc. owned approximately 0.11% of ACM Research worth $2,485,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. GAMMA Investing LLC lifted its holdings in shares of ACM Research by 38.8% during the 4th quarter. GAMMA Investing LLC now owns 1,070 shares of the specialty retailer’s stock valued at $42,000 after purchasing an additional 299 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of ACM Research by 90.1% during the 4th quarter. Farther Finance Advisors LLC now owns 650 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 308 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of ACM Research by 2.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 17,291 shares of the specialty retailer’s stock valued at $700,000 after purchasing an additional 343 shares during the last quarter. SBI Securities Co. Ltd. raised its stake in ACM Research by 78.9% in the 3rd quarter. SBI Securities Co. Ltd. now owns 832 shares of the specialty retailer’s stock worth $33,000 after acquiring an additional 367 shares during the last quarter. Finally, Arizona State Retirement System raised its stake in ACM Research by 2.5% in the 3rd quarter. Arizona State Retirement System now owns 15,649 shares of the specialty retailer’s stock worth $612,000 after acquiring an additional 386 shares during the last quarter. Hedge funds and other institutional investors own 66.75% of the company’s stock.

Insider Transactions at ACM Research

In other news, Director Charles C. Pappis sold 5,000 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $52.00, for a total transaction of $260,000.00. Following the sale, the director directly owned 5,000 shares in the company, valued at $260,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Tracy Liu sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $47.91, for a total value of $718,650.00. Following the sale, the director owned 110,772 shares in the company, valued at $5,307,086.52. This trade represents a 11.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 65,000 shares of company stock worth $3,110,750 over the last 90 days. Insiders own 25.00% of the company’s stock.

ACM Research Price Performance

Shares of ACMR opened at $52.15 on Friday. The business’s 50-day moving average is $49.16 and its two-hundred day moving average is $45.79. The company has a market capitalization of $3.19 billion, a P/E ratio of 38.07 and a beta of 1.83. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.33 and a current ratio of 3.27. ACM Research, Inc. has a fifty-two week low of $19.09 and a fifty-two week high of $71.65.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on ACMR shares. Zacks Research lowered ACM Research from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Wall Street Zen lowered ACM Research from a “hold” rating to a “sell” rating in a research note on Sunday, March 8th. Finally, Weiss Ratings upgraded ACM Research from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, ACM Research has an average rating of “Hold” and an average target price of $40.00.

ACM Research 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.