Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

Insider Sale: Director Haiping Dun Sells 15,000 Shares of ACM Research Inc (ACMR)

Published 2024-05-24, 01:01 p/m
Insider Sale: Director Haiping Dun Sells 15,000 Shares of ACM Research Inc (ACMR)
ACMR
-

GuruFocus - On May 22, 2024, Haiping Dun, Director at ACM Research Inc (NASDAQ:ACMR), executed a sale of 15,000 shares of the company. According to the SEC Filing, the transaction occurred at an average price of $22.88 per share, totaling $343,200. Following this transaction, the insider now owns 874,329 shares of ACM Research Inc.

ACM Research Inc 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.

Over the past year, the insider has sold a total of 153,016 shares and has not purchased any shares. The company's insider transaction history reveals a pattern of 25 insider sales and no insider buys over the last year.

Shares of ACM Research Inc were trading at $22.88 on the day of the transaction, giving the company a market cap of approximately $1.399 billion. The price-earnings ratio stands at 16.88, which is lower than both the industry median of 32.07 and the company's historical median.

According to the GF Value, the intrinsic value of ACM Research Inc is estimated at $31.15 per share, suggesting that the stock is modestly undervalued with a price-to-GF-Value ratio of 0.73.

The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and estimated future business outcomes.

This recent insider sale might interest investors tracking insider behaviors as an indicator of confidence levels concerning the company's current valuation and future business prospects.

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.

This content was originally published on Gurufocus.com

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.