Director Hu Chenming sells 163,308 shares of ACMR for $4.9M; retains 100,002 shares post-transaction.
Director Hu Chenming sold 163,308 shares at $30.00 on 2025-03-17, reducing his holdings by 62.0% to 100,002 shares remaining. The sale occurred at a price near the 52-week high of $32.04 and well above the current price of $29.22, against a backdrop of strong fundamental momentum: the company reported 40.2% annual revenue growth with a low P/E of 3.55 and a recent 90-day gain of 92.1%. The substantial reduction in a director's ownership stake warrants investor attention given the company's apparent financial strength and recent appreciation, as material insider reductions can signal changing perspectives on valuation or capital deployment priorities regardless of near-term price trends.