On December 26, 2023, Tracy Liu, a Director at ACM Research Inc (ACMR, Financial), sold 10,000 shares of the company's stock, according to a recent SEC Filing. ACM Research Inc specializes in developing, manufacturing, and selling single-wafer wet cleaning equipment, which semiconductor manufacturers use in various manufacturing steps to remove particles, contaminants, and residues.
Over the past year, the insider has sold a total of 25,000 shares and has not made any purchases of the company's stock. The recent transaction is part of a broader trend observed over the past year, where there have been no insider buys and 17 insider sells for ACM Research Inc.
On the day of the sale, shares of ACM Research Inc were trading at $20, giving the company a market cap of $1.186 billion. The price-earnings ratio of the stock stands at 17.96, which is below both the industry median of 27.775 and the company's historical median price-earnings ratio.
ACM Research Inc's stock price in relation to its intrinsic value, as estimated by the GuruFocus Value, indicates that the stock is trading at a price-to-GF-Value ratio of 0.59. With a GF Value of $33.71, the current stock price suggests that ACM Research Inc may be a Possible Value Trap, Think Twice before investing.
The GF Value is calculated considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
