ACM Research Inc’s filing revealed that its insider McKechnie Mark unloaded Company’s shares for reported $0.41 million on Mar 12 ’25. In the deal valued at $27.42 per share,15,000 shares were sold. As a result of this transaction, McKechnie Mark now holds 900 shares worth roughly $26262.0.
Then, HAIPING DUN bought 9,518 shares, generating $275,954 in total proceeds.
Before that, Wang David H sold 56,250 shares. ACM Research Inc shares valued at $1,494,562 were divested by the insider at a price of $26.57 per share. As a result of the transaction, Wang David H now holds 747,708 shares, worth roughly $21.82 million.
JP Morgan initiated its ACM Research Inc [ACMR] rating to an Overweight in a research note published on February 28, 2025; the price target was $36. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who increased its forecast for the stock in late February from “a Hold” to “a Buy”. Craig Hallum also remained covering ACMR and has decreased its forecast on December 05, 2024 with a “Hold” recommendation from previously “Buy” rating. Needham revised its rating on December 04, 2024. It rated ACMR as “a Hold” which previously was an “a Buy”.
Price Performance Review of ACMR
On Friday, ACM Research Inc [NASDAQ:ACMR] saw its stock jump 6.34% to $29.18. Over the last five days, the stock has gained 7.75%. ACM Research Inc shares have risen nearly 93.25% since the year began. Nevertheless, the stocks have fallen -0.58% over the past one year. While a 52-week high of $33.40 was reached on 03/14/25, a 52-week low of $13.87 was recorded on 01/13/25. SMA at 50 days reached $21.66, while 200 days put it at $19.88.
Levels Of Support And Resistance For ACMR Stock
The 24-hour chart illustrates a support level at 28.12, which if violated will result in even more drops to 27.07. On the upside, there is a resistance level at 30.11. A further resistance level may holdings at 31.05. The Relative Strength Index (RSI) on the 14-day chart is 66.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.62, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.52%. Stochastics %K at 84.21% indicates the stock is a selling.
How much short interest is there in ACM Research Inc?
A steep rise in short interest was recorded in ACM Research Inc stocks on 2025-02-28, growing by 0.46 million shares to a total of 3.95 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.49 million shares. There was a rise of 11.62%, which implies that there is a positive sentiment for the stock.
