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Dun Haiping, a director at ACM Research, Inc. (NASDAQ:ACMR), recently executed a series of stock sales, according to a filing with the Securities and Exchange Commission. The company, which has seen its stock surge 97% year-to-date and maintains a GREAT financial health score according to InvestingPro, continues to show strong momentum. The transactions, conducted on March 14, 2025, involved the sale of 9,518 shares of Class A Common Stock, generating a total of $275,976. The shares were sold at prices ranging from $28.32 to $29.23 per share, with the stock currently trading near $29.80 and showing potential upside based on InvestingPro’s Fair Value analysis.
These sales were carried out under a Rule 10b5-1 trading plan, which Dun Haiping adopted on May 17, 2023. Following these transactions, Dun Haiping holds 755,090 shares directly and an additional 100,000 shares indirectly through the Dun Family GST Trust.
The filing details that the shares were sold in multiple transactions, with prices varying within specified ranges. This activity reflects a strategic move within the framework of pre-established trading plans, allowing for a structured approach to managing stock holdings.
In other recent news, ACM Research Inc . reported its fourth-quarter 2024 earnings, exceeding Wall Street expectations with an earnings per share (EPS) of $0.56, surpassing the forecasted $0.3357. The company also reported a revenue of $223.5 million for the quarter, which was above the anticipated $181.08 million, marking a 31.2% year-over-year increase. For the full year, ACM Research’s revenue reached $782.1 million, a 40.2% increase from the previous year, significantly outpacing the global semiconductor wafer fab equipment market’s growth of 4% in 2024. JPMorgan analysts initiated coverage on ACM Research with an Overweight rating and a price target of $36.00, recognizing the company’s strong position in the semiconductor industry, particularly in China. The firm highlighted ACM Research’s robust customer base among Chinese fabrication plants and its potential for growth due to China’s continuous investments in semiconductor manufacturing. Additionally, ACM Research announced the appointment of Charlie Pappis to its Board of Directors, aiming to strengthen its leadership as part of its growth strategy. Pappis brings over four decades of semiconductor industry experience to the board.
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