Insider Selling: Axcelis Technologies (NASDAQ:ACLS) Director Sells 3,225 Shares of Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) Director Gregory Graves sold 3,225 shares of the company’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $141.61, for a total value of $456,692.25. Following the sale, the director owned 5,473 shares of the company’s stock, valued at $775,031.53. The trade was a 37.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Axcelis Technologies Price Performance

Shares of ACLS traded up $6.33 during trading hours on Wednesday, reaching $149.56. The stock had a trading volume of 386,214 shares, compared to its average volume of 781,032. Axcelis Technologies, Inc. has a 12 month low of $55.93 and a 12 month high of $171.61. The stock has a market capitalization of $4.60 billion, a PE ratio of 46.59, a PEG ratio of 11.64 and a beta of 1.93. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.99 and a current ratio of 4.59. The company’s 50-day moving average is $117.06 and its two-hundred day moving average is $96.90.

Axcelis Technologies (NASDAQ:ACLS) last announced its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.01. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The company had revenue of $198.96 million during the quarter, compared to analysts’ expectations of $195.03 million. During the same period in the prior year, the company earned $0.88 EPS. Axcelis Technologies’s revenue was up 3.3% compared to the same quarter last year. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Research analysts expect that Axcelis Technologies, Inc. will post 2.86 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently commented on ACLS shares. B. Riley Financial upgraded Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price target for the company 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, May 12th. Finally, Zacks Research upgraded Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $116.25.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ACLS. Royal Bank of Canada raised its position in Axcelis Technologies by 3.8% during the 1st quarter. Royal Bank of Canada now owns 117,566 shares of the semiconductor company’s stock worth $5,838,000 after purchasing an additional 4,324 shares during the last quarter. AQR Capital Management LLC raised its position in Axcelis Technologies by 4.9% during the 1st quarter. AQR Capital Management LLC now owns 35,717 shares of the semiconductor company’s stock worth $1,774,000 after purchasing an additional 1,678 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Axcelis Technologies by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,396 shares of the semiconductor company’s stock worth $963,000 after purchasing an additional 849 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Axcelis Technologies by 7.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company’s stock worth $31,560,000 after acquiring an additional 44,275 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Axcelis Technologies by 1.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 78,756 shares of the semiconductor company’s stock worth $3,912,000 after acquiring an additional 836 shares during the period. 89.98% of the stock is owned by institutional investors.

Axcelis Technologies Company Profile

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.