Axcelis Technologies (NASDAQ:ACLS) EVP Gerald Blumenstock Sells 1,015 Shares

Axcelis Technologies, Inc. (NASDAQ:ACLS) EVP Gerald Blumenstock sold 1,015 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $162.31, for a total transaction of $164,744.65. Following the sale, the executive vice president directly owned 17,293 shares of the company’s stock, valued at approximately $2,806,826.83. The trade was a 5.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Axcelis Technologies Stock Performance

ACLS stock opened at $155.18 on Friday. The firm has a market cap of $4.77 billion, a price-to-earnings ratio of 48.34, a PEG ratio of 12.87 and a beta of 1.93. The firm has a 50-day simple moving average of $114.63 and a two-hundred day simple moving average of $95.94. Axcelis Technologies, Inc. has a one year low of $55.93 and a one year high of $171.61. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.99 and a current ratio of 4.59.

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, beating 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 the consensus estimate of $195.03 million. During the same quarter in the prior year, the company posted $0.88 earnings per share. The company’s revenue for the quarter was up 3.3% compared to the same quarter last year. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. On average, equities analysts forecast that Axcelis Technologies, Inc. will post 2.86 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. B. Riley Financial upgraded shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price objective on the stock 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. Finally, Zacks Research upgraded shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $116.25.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. REAP Financial Group LLC purchased a new position in shares of Axcelis Technologies during the 4th quarter valued at approximately $25,000. Close Asset Management Ltd purchased a new position in shares of Axcelis Technologies during the 3rd quarter valued at approximately $27,000. EverSource Wealth Advisors LLC lifted its position in shares of Axcelis Technologies by 145.1% during the 2nd 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 in the last quarter. Caitlin John LLC purchased a new position in shares of Axcelis Technologies during the 3rd quarter valued at approximately $32,000. Finally, Advisory Services Network LLC purchased a new position in Axcelis Technologies in the 3rd quarter valued at $32,000. Hedge funds and other institutional investors own 89.98% of the company’s stock.

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.