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Axcelis Technologies (NASDAQ:ACLS) Director Arthur L. George, Jr. acquired 5,000 shares of the stock on the open market in a transaction dated Wednesday, May 28th. The stock was purchased at an average price of $1.81 per share, with a total value of $9,050.00. Following the completion of the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $9,050. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Axcelis Technologies (NASDAQ:ACLS) opened at 1.88 on Friday. Axcelis Technologies has a 1-year low of $1.50 and a 1-year high of $2.58. The stock has a 50-day moving average of $1.7 and a 200-day moving average of $2.14. The company’s market cap is $209.1 million.

Separately, analysts at Zacks upgraded shares of Axcelis Technologies from an “underperform” rating to a “neutral” rating in a research note on Tuesday, April 8th. They now have a $2.10 price target on the stock.

Axcelis Technologies, Inc (NASDAQ:ACLS) designs, manufactures and services ion implantation, dry strip and other processing equipment used in the fabrication of semiconductor chips.

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