Tracy Liu, a director at ACM Research Inc (ACMR, Financial), sold 12,500 shares of the company on February 28, 2024, according to a recent SEC filing. The transaction was executed at an average price of $25.2 per share, resulting in a total sale amount of $315,000.
ACM Research Inc, listed under the symbol ACMR, specializes in developing, manufacturing, and selling single-wafer wet cleaning equipment, which semiconductor manufacturers use in various fabrication steps to remove particles, contaminants, and residues. This equipment is essential for the production of advanced integrated circuits.
Over the past year, Tracy Liu has sold a total of 37,500 shares of ACM Research Inc and has not made any share purchases. This latest transaction continues a trend observed over the past year, where there have been no insider buys and 20 insider sells within the company.
The insider transaction history suggests a pattern of insider sales, which could be of interest to current and potential investors.
On the valuation front, ACM Research Inc's shares were trading at $25.2 on the day of the insider's recent sale, giving the company a market cap of $2.066 billion. The price-earnings ratio stands at 28.37, which is lower than the industry median of 29.89 and also below the company's historical median price-earnings ratio.
Considering the stock's price of $25.2 and the GuruFocus Value of $35.21, ACM Research Inc has a price-to-GF-Value ratio of 0.72, indicating that the stock is Fairly Valued based on its GF Value. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
The information provided in this article is based on the latest insider trading data and the current financial valuation metrics for ACM Research Inc (ACMR).
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.
