Globeflex Capital L P Buys New Stake in Axcelis Technologies, Inc. $ACLS

Globeflex Capital L P bought a new stake in Axcelis Technologies, Inc. (NASDAQ:ACLS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 39,162 shares of the semiconductor company’s stock, valued at approximately $7,419,000. Axcelis Technologies accounts for about 0.9% of Globeflex Capital L P’s portfolio, making the stock its 22nd biggest position.

Several other hedge funds have also recently added to or reduced their stakes in the business. REAP Financial Group LLC bought a new position in Axcelis Technologies during the fourth quarter worth about $25,000. EverSource Wealth Advisors LLC grew 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 valued at $31,000 after purchasing an additional 267 shares during the period. Advisory Services Network LLC bought a new stake in shares of Axcelis Technologies in the 3rd quarter valued at approximately $32,000. Leonteq Securities AG acquired a new position in shares of Axcelis Technologies in the 4th quarter worth approximately $40,000. Finally, Clearstead Advisors LLC raised its holdings in shares of Axcelis Technologies by 197.1% in the 4th quarter. Clearstead Advisors LLC now owns 719 shares of the semiconductor company’s stock worth $58,000 after buying an additional 477 shares in the last quarter. Institutional investors and hedge funds own 89.98% of the company’s stock.

Insider Transactions at Axcelis Technologies

In related news, Director Necip Sayiner sold 1,586 shares of Axcelis Technologies stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $157.44, for a total value of $249,699.84. Following the completion of the transaction, the director directly owned 7,112 shares of the company’s stock, valued at $1,119,713.28. The trade was a 18.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Todd Sutton sold 2,000 shares of the company’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 transaction, the vice president owned 6,360 shares in the company, valued at approximately $1,017,536.40. This trade represents a 23.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.49% of the company’s stock.

Axcelis Technologies Stock Performance

ACLS stock opened at $127.07 on Monday. The business has a fifty day moving average price of $147.33 and a 200 day moving average price of $127.66. Axcelis Technologies, Inc. has a fifty-two week low of $73.60 and a fifty-two week high of $193.78. The stock has a market capitalization of $3.92 billion, a price-to-earnings ratio of 42.64, a P/E/G ratio of 3.88 and a beta of 1.92. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.90 and a quick ratio of 3.21.

Axcelis Technologies (NASDAQ:ACLS) last issued its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.17. The firm had revenue of $215.18 million during the quarter, compared to the consensus estimate of $205.03 million. Axcelis Technologies had a return on equity of 11.69% and a net margin of 10.71%.The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.13 EPS. Axcelis Technologies has set its Q3 2026 guidance at 1.110-1.110 EPS. Analysts expect that Axcelis Technologies, Inc. will post 3.39 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on ACLS shares. Weiss Ratings restated a “hold (c-)” rating on shares of Axcelis Technologies in a research report on Friday, August 7th. Bank of America lifted their price objective on Axcelis Technologies from $130.00 to $156.00 and gave the company an “underperform” rating in a report on Tuesday, June 23rd. Finally, Craig Hallum downgraded shares of Axcelis Technologies from a “buy” rating to a “hold” rating and set a $140.00 target price on the stock. in a research note on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $132.20.

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.