Universal Beteiligungs und Servicegesellschaft mbH Invests $612,000 in ACM Research, Inc. $ACMR

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of ACM Research, Inc. (NASDAQ:ACMR) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 23,617 shares of the specialty retailer’s stock, valued at approximately $612,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Caitong International Asset Management Co. Ltd lifted its position in shares of ACM Research by 871.5% during 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 last quarter. Harvest Fund Management Co. Ltd bought a new stake in ACM Research during the 1st quarter valued at about $114,000. Strs Ohio purchased a new stake in ACM Research in the 1st quarter valued at about $133,000. Resona Asset Management Co. Ltd. grew its stake in ACM Research by 14.9% in the 2nd quarter. Resona Asset Management Co. Ltd. now owns 7,730 shares of the specialty retailer’s stock worth $199,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Creative Planning bought a new position in ACM Research in the 2nd quarter worth about $212,000. Hedge funds and other institutional investors own 66.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on ACMR shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ACM Research in a research note on Tuesday. Zacks Research lowered ACM Research from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 12th. Finally, Roth Capital reiterated a “buy” rating and issued a $40.00 target price on shares of ACM Research in a report on Wednesday, November 5th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, ACM Research has a consensus rating of “Moderate Buy” and a consensus price target of $29.75.

Insider Buying and Selling

In other ACM Research news, insider Lisa Feng sold 15,000 shares of the business’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $33.77, for a total value of $506,550.00. Following the completion of the transaction, the insider directly owned 50,001 shares in the company, valued at approximately $1,688,533.77. The trade was a 23.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Sotheara Cheav sold 10,000 shares of the stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $35.00, for a total transaction of $350,000.00. Following the sale, the insider directly owned 100,002 shares of the company’s stock, valued at approximately $3,500,070. The trade was a 9.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 200,000 shares of company stock valued at $5,861,150 over the last three months. Corporate insiders own 25.00% of the company’s stock.

ACM Research Stock Performance

Shares of ACMR stock opened at $32.87 on Friday. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 19.92 and a beta of 1.44. ACM Research, Inc. has a 52-week low of $13.87 and a 52-week high of $45.12. The company has a quick ratio of 1.49, a current ratio of 2.45 and a debt-to-equity ratio of 0.14. The company’s 50 day moving average is $37.11 and its 200 day moving average is $30.45.

ACM Research (NASDAQ:ACMR) last announced its earnings results on Wednesday, November 5th. The specialty retailer reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.11). ACM Research had a net margin of 13.76% and a return on equity of 9.57%. The company had revenue of $269.16 million for the quarter, compared to the consensus estimate of $251.72 million. During the same period last year, the business posted $0.63 EPS. The firm’s revenue was up 32.0% compared to the same quarter last year. ACM Research has set its FY 2025 guidance at EPS. On average, sell-side analysts anticipate that ACM Research, Inc. will post 1.17 EPS for the current fiscal year.

ACM Research Company 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.