Axcelis Technologies, Inc. (NASDAQ:ACLS) CFO Kevin J. Brewer sold 17,339 shares of the business’s stock in a transaction dated Tuesday, August 22nd. The stock was sold at an average price of $20.75, for a total value of $359,784.25. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Kevin J. Brewer also recently made the following trade(s):

  • On Friday, May 26th, Kevin J. Brewer sold 93,750 shares of Axcelis Technologies stock. The stock was sold at an average price of $21.94, for a total value of $2,056,875.00.

Axcelis Technologies, Inc. (NASDAQ ACLS) opened at 19.80 on Friday. The stock has a 50 day moving average price of $21.54 and a 200 day moving average price of $19.82. The firm has a market cap of $618.22 million, a P/E ratio of 21.24 and a beta of 1.11. Axcelis Technologies, Inc. has a 1-year low of $11.05 and a 1-year high of $26.53.

Axcelis Technologies (NASDAQ:ACLS) last announced its quarterly earnings results on Thursday, August 3rd. The semiconductor company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by $0.01. Axcelis Technologies had a net margin of 9.10% and a return on equity of 12.52%. The firm had revenue of $102.80 million for the quarter, compared to the consensus estimate of $100.07 million. During the same period in the previous year, the company posted $0.10 earnings per share. Axcelis Technologies’s quarterly revenue was up 59.4% on a year-over-year basis. On average, analysts anticipate that Axcelis Technologies, Inc. will post $1.25 EPS for the current year.

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Several research analysts have commented on the company. B. Riley reissued a “buy” rating and set a $30.00 target price on shares of Axcelis Technologies in a research note on Wednesday, August 9th. Stifel Nicolaus lowered their target price on Axcelis Technologies from $19.00 to $16.00 and set a “hold” rating for the company in a research note on Friday, May 5th. BidaskClub downgraded Axcelis Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Zacks Investment Research raised Axcelis Technologies from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a research note on Friday, July 14th. Finally, Benchmark Co. reissued a “buy” rating and set a $24.00 target price (up previously from $21.00) on shares of Axcelis Technologies in a research note on Friday, May 5th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. Axcelis Technologies has an average rating of “Buy” and an average price target of $24.67.

Several large investors have recently bought and sold shares of ACLS. The Manufacturers Life Insurance Company raised its stake in Axcelis Technologies by 2.8% in the second quarter. The Manufacturers Life Insurance Company now owns 24,397 shares of the semiconductor company’s stock valued at $510,000 after buying an additional 660 shares during the last quarter. TIAA CREF Investment Management LLC raised its stake in Axcelis Technologies by 1.5% in the second quarter. TIAA CREF Investment Management LLC now owns 79,807 shares of the semiconductor company’s stock valued at $1,672,000 after buying an additional 1,147 shares during the last quarter. American International Group Inc. raised its stake in Axcelis Technologies by 7.1% in the first quarter. American International Group Inc. now owns 17,943 shares of the semiconductor company’s stock valued at $337,000 after buying an additional 1,184 shares during the last quarter. New York State Common Retirement Fund raised its stake in Axcelis Technologies by 4.7% in the second quarter. New York State Common Retirement Fund now owns 30,975 shares of the semiconductor company’s stock valued at $649,000 after buying an additional 1,399 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in Axcelis Technologies by 5.2% in the second quarter. Wells Fargo & Company MN now owns 28,572 shares of the semiconductor company’s stock valued at $599,000 after buying an additional 1,416 shares during the last quarter. 73.73% of the stock is owned by institutional investors and hedge funds.

Axcelis Technologies Company Profile

Axcelis Technologies, Inc designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The Company also provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training.

Insider Buying and Selling by Quarter for Axcelis Technologies (NASDAQ:ACLS)

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