Axcelis Technologies, Inc. (ACLS) EVP Douglas A. Lawson Sells 14,454 Shares
Axcelis Technologies, Inc. (NASDAQ:ACLS) EVP Douglas A. Lawson sold 14,454 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $21.12, for a total transaction of $305,268.48. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Douglas A. Lawson also recently made the following trade(s):
- On Thursday, May 18th, Douglas A. Lawson sold 12,117 shares of Axcelis Technologies stock. The stock was sold at an average price of $21.18, for a total transaction of $256,638.06.
Shares of Axcelis Technologies, Inc. (ACLS) traded down 2.37% on Tuesday, hitting $20.60. 278,304 shares of the stock traded hands. The firm’s 50-day moving average is $21.91 and its 200 day moving average is $19.59. The firm has a market cap of $643.19 million, a P/E ratio of 22.10 and a beta of 1.11. Axcelis Technologies, Inc. has a 12-month low of $11.05 and a 12-month high of $26.52.
Axcelis Technologies (NASDAQ:ACLS) last issued its quarterly earnings results on Thursday, August 3rd. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by $0.01. The company had revenue of $102.80 million during the quarter, compared to the consensus estimate of $100.07 million. Axcelis Technologies had a return on equity of 12.52% and a net margin of 9.10%. The firm’s quarterly revenue was up 59.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.10 EPS. Equities research analysts forecast that Axcelis Technologies, Inc. will post $1.25 EPS for the current fiscal year.
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Several research analysts have recently issued reports on the stock. Needham & Company LLC restated a “buy” rating and issued a $27.00 target price (up previously from $23.00) on shares of Axcelis Technologies in a report on Friday, June 16th. Wedbush upped their target price on shares of Axcelis Technologies from $23.00 to $27.00 in a report on Friday, June 16th. Stifel Nicolaus lowered their target price on shares of Axcelis Technologies from $19.00 to $16.00 and set a “hold” rating for the company in a report on Friday, May 5th. Zacks Investment Research upgraded shares of Axcelis Technologies from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a report on Friday, July 14th. Finally, B. Riley restated a “buy” rating and issued a $30.00 target price on shares of Axcelis Technologies in a report on Wednesday, May 10th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $24.67.
Hedge funds have recently modified their holdings of the company. Donald Smith & CO. Inc. raised its stake in shares of Axcelis Technologies by 6.9% in the first quarter. Donald Smith & CO. Inc. now owns 2,996,651 shares of the semiconductor company’s stock worth $56,337,000 after buying an additional 192,111 shares during the period. Teachers Advisors LLC raised its stake in shares of Axcelis Technologies by 3.4% in the first quarter. Teachers Advisors LLC now owns 48,234 shares of the semiconductor company’s stock worth $907,000 after buying an additional 1,568 shares during the period. American International Group Inc. raised its stake in shares of Axcelis Technologies by 7.1% in the first quarter. American International Group Inc. now owns 17,943 shares of the semiconductor company’s stock worth $337,000 after buying an additional 1,184 shares during the period. EAM Investors LLC bought a new stake in shares of Axcelis Technologies during the first quarter worth about $2,623,000. Finally, KBC Group NV raised its stake in shares of Axcelis Technologies by 18.3% in the first quarter. KBC Group NV now owns 32,443 shares of the semiconductor company’s stock worth $610,000 after buying an additional 5,020 shares during the period. Institutional investors and hedge funds own 73.73% of the company’s stock.
Axcelis Technologies Company Profile
Axcelis Technologies, Inc designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The Company also provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training.
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