The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. ACM Research Inc shares valued at $519,754 were sold by Cheav Sotheara on Feb 06 ’25. At $23.00 per share, Cheav Sotheara sold 22,598 shares. The insider’s holdings dropped to 100,002 shares worth approximately $2.67 million following the completion of this transaction.
Also, McKechnie Mark sold 15,000 shares, netting a total of over 330,000 in proceeds. Following the sale of shares at $22.00 each, the insider now holds 900 shares.
Before that, SOTHEARA CHEAV had added 22,598 shares to its account. In a trade valued at $519,754, the Officer bought ACM Research Inc shares for $23.00 each.
As published in their initiating research note from JP Morgan on February 28, 2025, ACM Research Inc [ACMR] has been an Overweight and the price target has been revised to $36. Analysts at Craig Hallum upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in late February. As of December 05, 2024, Craig Hallum has decreased its “Buy” rating to a “Hold” for ACMR. Earlier on December 04, 2024, Needham downgraded its rating. Their new recommendation was “a Hold” for ACMR stock which previously was a “a Buy”.
Analyzing ACMR Stock Performance
During the last five days, there has been a drop of approximately -3.72%. Over the course of the year, ACM Research Inc shares have jumped approximately 76.56%. Shares of the company reached a 52-week high of $28.64 on 02/26/25 and a 52-week low of $14.97 on 01/13/25. A 50-day SMA is recorded $19.98, while a 200-day SMA reached $19.74.
Support And Resistance Levels for ACM Research Inc (ACMR)
According to the 24-hour chart, there is a support level at 26.03, which, if violated, would cause prices to drop to 25.41. In the upper region, resistance lies at 27.13. The next price resistance is at 27.61. RSI (Relative Strength Index) is 61.70 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.29, which suggests the price will decrease in the coming days. Percent R is at 31.18%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
