Axcelis Technologies (NASDAQ:ACLS) Director Sells $328,280.00 in Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) Director Jorge Titinger sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $164.14, for a total value of $328,280.00. Following the completion of the transaction, the director owned 4,477 shares of the company’s stock, valued at approximately $734,854.78. This represents a 30.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Jorge Titinger also recently made the following trade(s):

• On Friday, February 20th, Jorge Titinger sold 1,000 shares of Axcelis Technologies stock. The shares were sold at an average price of $80.00, for a total value of $80,000.00.

Axcelis Technologies Stock Down 4.0%

ACLS opened at $155.18 on Friday. The firm has a market capitalization of $4.77 billion, a P/E ratio of 48.34, a price-to-earnings-growth ratio of 12.35 and a beta of 1.93. Axcelis Technologies, Inc. has a one year low of $55.93 and a one year high of $171.61. The company has a fifty day moving average price of $114.63 and a 200-day moving average price of $95.94. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.59 and a quick ratio of 2.99.

Axcelis Technologies (NASDAQ:ACLS) last released its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.01. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. The firm had revenue of $198.96 million for the quarter, compared to analysts’ expectations of $195.03 million. During the same quarter in the prior year, the firm posted $0.88 earnings per share. The business’s quarterly revenue was up 3.3% on a year-over-year basis. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Equities research analysts expect that Axcelis Technologies, Inc. will post 2.86 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Axcelis Technologies

A number of hedge funds have recently added to or reduced their stakes in ACLS. REAP Financial Group LLC purchased a new position in Axcelis Technologies in the 4th quarter worth about $25,000. Close Asset Management Ltd purchased a new stake in shares of Axcelis Technologies during the 3rd quarter valued at about $27,000. EverSource Wealth Advisors LLC increased its stake in shares of Axcelis Technologies by 145.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 267 shares in the last quarter. Caitlin John LLC purchased a new stake in Axcelis Technologies in the 3rd quarter worth approximately $32,000. Finally, Advisory Services Network LLC bought a new stake in shares of Axcelis Technologies during the 3rd quarter valued at $32,000. 89.98% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ACLS. Zacks Research raised Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Weiss Ratings cut Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday. Finally, B. Riley Financial upgraded shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price target on the stock in a report on Monday, April 20th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $116.25.

About Axcelis Technologies

Axcelis Technologies, Inc is a leading developer and manufacturer of ion implantation and cleaning equipment used in the fabrication of semiconductor chips. The company specializes in high-current, medium-current and high-energy ion implantation systems, which are critical for introducing precisely controlled dopants into silicon wafers. Axcelis also offers plasma-based cleaning and dry strip tools that support advanced process nodes in logic, memory and power device manufacturing.

The company’s product portfolio encompasses single-wafer and multi-wafer cluster tools designed to deliver high throughput, accuracy and uniformity for semiconductor process steps.