Axcelis Technologies (NASDAQ:ACLS) EVP Sells $144,002.26 in Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) EVP Eileen Evans sold 926 shares of Axcelis Technologies stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $155.51, for a total value of $144,002.26. Following the transaction, the executive vice president owned 31,295 shares in the company, valued at $4,866,685.45. This trade represents a 2.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Axcelis Technologies Price Performance

NASDAQ ACLS opened at $156.94 on Monday. The company has a market capitalization of $4.82 billion, a PE ratio of 48.89, a price-to-earnings-growth ratio of 12.49 and a beta of 1.93. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.99 and a current ratio of 4.59. The business’s fifty day moving average is $121.12 and its 200 day moving average is $98.41. Axcelis Technologies, Inc. has a fifty-two week low of $55.93 and a fifty-two week high of $171.61.

Axcelis Technologies (NASDAQ:ACLS) last released its earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.01. The company had revenue of $198.96 million for the quarter, compared to the consensus estimate of $195.03 million. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.Axcelis Technologies’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.88 earnings per share. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Sell-side analysts predict that Axcelis Technologies, Inc. will post 2.86 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on ACLS shares. B. Riley Financial upgraded Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price objective on the stock in a research report on Monday, April 20th. Zacks Research upgraded Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Finally, Weiss Ratings downgraded Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $116.25.

Hedge Funds Weigh In On Axcelis Technologies

Several large investors have recently made changes to their positions in the business. Parallel Advisors LLC grew its holdings in Axcelis Technologies by 22.0% during the 1st quarter. Parallel Advisors LLC now owns 665 shares of the semiconductor company’s stock valued at $62,000 after buying an additional 120 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Axcelis Technologies by 29.7% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 585 shares of the semiconductor company’s stock valued at $57,000 after buying an additional 134 shares in the last quarter. Larson Financial Group LLC grew its holdings in Axcelis Technologies by 17.8% during the 4th quarter. Larson Financial Group LLC now owns 933 shares of the semiconductor company’s stock valued at $75,000 after buying an additional 141 shares in the last quarter. CWM LLC grew its holdings in Axcelis Technologies by 5.8% during the 4th quarter. CWM LLC now owns 2,623 shares of the semiconductor company’s stock valued at $211,000 after buying an additional 143 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in Axcelis Technologies by 18.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 957 shares of the semiconductor company’s stock valued at $93,000 after buying an additional 150 shares in the last quarter. 89.98% of the stock is currently owned by hedge funds and other institutional investors.

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.