Axcelis Technologies (NASDAQ:ACLS) VP Sells $421,852.86 in Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) VP Todd Sutton sold 2,574 shares of the stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $163.89, for a total value of $421,852.86. Following the transaction, the vice president owned 7,817 shares of the company’s stock, valued at approximately $1,281,128.13. The trade was a 24.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Axcelis Technologies Stock Down 4.0%

Shares of NASDAQ:ACLS traded down $6.46 during mid-day trading on Friday, reaching $155.18. 556,297 shares of the stock were exchanged, compared to its average volume of 788,623. The company has a quick ratio of 2.99, a current ratio of 4.59 and a debt-to-equity ratio of 0.04. The company has a market cap of $4.77 billion, a P/E ratio of 48.34, a P/E/G ratio of 12.91 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 stock’s 50 day simple moving average is $113.26 and its 200-day simple moving average is $95.52.

Axcelis Technologies (NASDAQ:ACLS) last posted its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 12.19% and a net margin of 11.93%.Axcelis Technologies’s quarterly revenue was up 3.3% on a year-over-year basis. During the same period last year, the company earned $0.88 earnings per share. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. As a group, equities research analysts predict that Axcelis Technologies, Inc. will post 2.86 EPS for the current year.

Institutional Trading of Axcelis Technologies

Hedge funds have recently made changes to their positions in the business. REAP Financial Group LLC acquired a new stake in shares of Axcelis Technologies in the fourth quarter valued at approximately $25,000. Close Asset Management Ltd acquired a new stake in shares of Axcelis Technologies in the third quarter valued at approximately $27,000. EverSource Wealth Advisors LLC lifted its position in shares of Axcelis Technologies by 145.1% in the second quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 267 shares during the last quarter. Caitlin John LLC acquired a new stake in shares of Axcelis Technologies in the third quarter valued at approximately $32,000. Finally, Advisory Services Network LLC acquired a new stake in shares of Axcelis Technologies in the third quarter valued at approximately $32,000. 89.98% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on ACLS shares. Weiss Ratings downgraded Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday. 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. Finally, Zacks Research upgraded Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $116.25.

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.