Legal & General Group Plc Cuts Holdings in Axcelis Technologies, Inc. $ACLS

Legal & General Group Plc decreased its position in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 6.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,055 shares of the semiconductor company’s stock after selling 4,961 shares during the period. Legal & General Group Plc owned approximately 0.25% of Axcelis Technologies worth $6,271,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in ACLS. Royal Bank of Canada lifted its holdings in shares of Axcelis Technologies by 3.8% in the 1st quarter. Royal Bank of Canada now owns 117,566 shares of the semiconductor company’s stock valued at $5,838,000 after acquiring an additional 4,324 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Axcelis Technologies by 4.9% in the 1st quarter. AQR Capital Management LLC now owns 35,717 shares of the semiconductor company’s stock valued at $1,774,000 after acquiring an additional 1,678 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Axcelis Technologies by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,396 shares of the semiconductor company’s stock valued at $963,000 after acquiring an additional 849 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Axcelis Technologies by 7.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company’s stock valued at $31,560,000 after acquiring an additional 44,275 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Axcelis Technologies by 1.1% in 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 valued at $3,912,000 after acquiring an additional 836 shares during the last quarter. Institutional investors own 89.98% of the company’s stock.

Axcelis Technologies Stock Down 9.1%

Shares of NASDAQ ACLS opened at $147.16 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.59 and a quick ratio of 2.99. The company has a market cap of $4.52 billion, a P/E ratio of 45.84, a PEG ratio of 10.42 and a beta of 1.91. Axcelis Technologies, Inc. has a 1 year low of $61.50 and a 1 year high of $171.61. The firm has a 50-day simple moving average of $134.84 and a two-hundred day simple moving average of $103.37.

Axcelis Technologies (NASDAQ:ACLS) last announced its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.01. The business had revenue of $198.96 million during the quarter, compared to the consensus estimate of $195.03 million. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.88 earnings per share. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Research analysts anticipate that Axcelis Technologies, Inc. will post 3.21 earnings per share for the current year.

Insiders Place Their Bets

In other Axcelis Technologies news, EVP Christopher Tatnall sold 1,166 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $149.75, for a total value of $174,608.50. Following the completion of the sale, the executive vice president owned 27,627 shares of the company’s stock, valued at $4,137,143.25. This trade represents a 4.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Todd Sutton sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $159.99, for a total transaction of $319,980.00. Following the completion of the sale, the vice president directly owned 6,360 shares of the company’s stock, valued at approximately $1,017,536.40. The trade was a 23.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 36,039 shares of company stock valued at $5,461,394 over the last quarter. Corporate insiders own 0.49% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on ACLS shares. B. Riley Financial raised shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price target for the company in a report on Monday, April 20th. Weiss Ratings downgraded shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 12th. Finally, Zacks Research raised shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target 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.