In a filing, ACM Research Inc revealed its insider Wang David H unloaded Company’s shares for reported $1.65 million on May 21 ’25. In the deal valued at $23.60 per share,70,000 shares were sold. As a result of this transaction, Wang David H now holds 672,708 shares worth roughly $16.95 million.
Then, Wang David H sold 60,000 shares, generating $1,357,800 in total proceeds. Upon selling the shares at $22.63, the insider now owns 672,708 shares.
Before that, HUI WANG bought 60,000 shares. ACM Research Inc shares valued at $1,357,872 were divested by the Officer at a price of $22.63 per share.
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 Tuesday, ACM Research Inc [NASDAQ:ACMR] saw its stock fall -0.87% to $25.20. Over the last five days, the stock has lost -0.71%. ACM Research Inc shares have risen nearly 66.89% since the year began. Nevertheless, the stocks have fallen -0.98% over the past one year. While a 52-week high of $30.64 was reached on 03/17/25, a 52-week low of $13.87 was recorded on 01/13/25.
Levels Of Support And Resistance For ACMR Stock
The 24-hour chart illustrates a support level at 24.82, which if violated will result in even more drops to 24.45. On the upside, there is a resistance level at 25.55. A further resistance level may holdings at 25.91.
