SG Americas Securities LLC purchased a new stake in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 87,977 shares of the semiconductor company’s stock, valued at approximately $1,843,000. SG Americas Securities LLC owned 0.29% of Axcelis Technologies as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ACLS. Vanguard Group Inc. boosted its position in shares of Axcelis Technologies by 5.2% in the first quarter. Vanguard Group Inc. now owns 1,225,693 shares of the semiconductor company’s stock worth $23,043,000 after buying an additional 61,085 shares during the last quarter. Schneider Capital Management Corp boosted its position in shares of Axcelis Technologies by 0.7% in the first quarter. Schneider Capital Management Corp now owns 394,346 shares of the semiconductor company’s stock worth $7,414,000 after buying an additional 2,783 shares during the last quarter. Primecap Management Co. CA boosted its position in shares of Axcelis Technologies by 4.0% in the first quarter. Primecap Management Co. CA now owns 3,617,800 shares of the semiconductor company’s stock worth $68,015,000 after buying an additional 139,407 shares during the last quarter. Donald Smith & CO. Inc. boosted its position in shares of Axcelis Technologies by 6.9% in the first quarter. Donald Smith & CO. Inc. now owns 2,996,651 shares of the semiconductor company’s stock worth $56,337,000 after buying an additional 192,111 shares during the last quarter. Finally, Teachers Advisors LLC boosted its position in shares of Axcelis Technologies by 3.4% in the first quarter. Teachers Advisors LLC now owns 48,234 shares of the semiconductor company’s stock worth $907,000 after buying an additional 1,568 shares during the last quarter. 75.63% of the stock is owned by hedge funds and other institutional investors.

Shares of Axcelis Technologies, Inc. (ACLS) opened at 19.80 on Monday. The company’s 50-day moving average price is $21.54 and its 200-day moving average price is $19.82. Axcelis Technologies, Inc. has a 12-month low of $11.05 and a 12-month high of $26.52. The firm has a market capitalization of $618.22 million, a PE ratio of 21.24 and a beta of 1.11.

Axcelis Technologies (NASDAQ:ACLS) last posted its quarterly earnings data on Thursday, August 3rd. The semiconductor company reported $0.33 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by $0.01. The company had revenue of $102.80 million for the quarter, compared to analysts’ expectations of $100.07 million. Axcelis Technologies had a net margin of 9.10% and a return on equity of 12.52%. The business’s quarterly revenue was up 59.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.10 EPS. Analysts anticipate that Axcelis Technologies, Inc. will post $1.25 EPS for the current year.

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A number of equities analysts have recently issued reports on ACLS shares. Stifel Nicolaus dropped their target price on Axcelis Technologies from $19.00 to $16.00 and set a “hold” rating for the company in a report on Monday, May 15th. 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 report on Friday, July 14th. BidaskClub cut Axcelis Technologies from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Wedbush increased their target price on Axcelis Technologies from $23.00 to $27.00 in a report on Friday, June 16th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $23.00 target price (up from $20.00) on shares of Axcelis Technologies in a report on Friday, May 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $24.67.

In other news, EVP William J. Bintz sold 75,000 shares of the firm’s stock in a transaction on Tuesday, June 6th. The shares were sold at an average price of $23.39, for a total transaction of $1,754,250.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Douglas A. Lawson sold 14,454 shares of the firm’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $21.12, for a total transaction of $305,268.48. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 178,043 shares of company stock worth $4,109,015. Corporate insiders own 5.66% of the company’s stock.

About Axcelis Technologies

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.

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Institutional Ownership by Quarter for Axcelis Technologies (NASDAQ:ACLS)

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