Axcelis Technologies, Inc. (NASDAQ:ACLS) CFO Kevin J. Brewer sold 44,640 shares of the stock in a transaction on Monday, November 13th. The shares were sold at an average price of $33.93, for a total value of $1,514,635.20. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Kevin J. Brewer also recently made the following trade(s):

  • On Tuesday, September 12th, Kevin J. Brewer sold 62,348 shares of Axcelis Technologies stock. The shares were sold at an average price of $22.46, for a total value of $1,400,336.08.
  • On Tuesday, August 22nd, Kevin J. Brewer sold 17,339 shares of Axcelis Technologies stock. The shares were sold at an average price of $20.75, for a total value of $359,784.25.

Axcelis Technologies, Inc. (NASDAQ:ACLS) traded down $0.10 during mid-day trading on Wednesday, hitting $34.70. The stock had a trading volume of 376,200 shares, compared to its average volume of 425,094. Axcelis Technologies, Inc. has a 1-year low of $12.65 and a 1-year high of $36.20. The firm has a market capitalization of $1,093.18, a PE ratio of 30.80, a price-to-earnings-growth ratio of 1.25 and a beta of 1.10.

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A number of equities research analysts have commented on the company. Zacks Investment Research upgraded Axcelis Technologies from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a report on Thursday, November 2nd. Stifel Nicolaus increased their target price on Axcelis Technologies from $20.00 to $31.00 and gave the company a “hold” rating in a report on Wednesday, November 1st. B. Riley increased their target price on Axcelis Technologies from $30.00 to $39.00 and gave the company a “buy” rating in a report on Friday, November 3rd. Craig Hallum cut Axcelis Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 3rd. Finally, ValuEngine cut Axcelis Technologies from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $31.33.

Several hedge funds have recently bought and sold shares of ACLS. Peregrine Capital Management LLC boosted its holdings in shares of Axcelis Technologies by 405.6% during the second quarter. Peregrine Capital Management LLC now owns 572,856 shares of the semiconductor company’s stock worth $12,001,000 after purchasing an additional 459,560 shares during the last quarter. Bank of Montreal Can raised its position in shares of Axcelis Technologies by 106,193.5% in the 2nd quarter. Bank of Montreal Can now owns 329,510 shares of the semiconductor company’s stock worth $6,902,000 after buying an additional 329,200 shares during the period. SG Capital Management LLC purchased a new position in shares of Axcelis Technologies in the 3rd quarter worth $6,192,000. Dimensional Fund Advisors LP raised its position in shares of Axcelis Technologies by 10.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,766,009 shares of the semiconductor company’s stock worth $33,200,000 after buying an additional 163,016 shares during the period. Finally, Russell Investments Group Ltd. raised its position in shares of Axcelis Technologies by 247.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 161,665 shares of the semiconductor company’s stock worth $3,386,000 after buying an additional 115,111 shares during the period. Institutional investors and hedge funds own 73.55% 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.

Insider Buying and Selling by Quarter for Axcelis Technologies (NASDAQ:ACLS)

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