AlphaQuest LLC Buys 12,574 Shares of Axcelis Technologies, Inc. $ACLS

AlphaQuest LLC increased its stake in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 91.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 26,367 shares of the semiconductor company’s stock after purchasing an additional 12,574 shares during the quarter. AlphaQuest LLC’s holdings in Axcelis Technologies were worth $2,118,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Close Asset Management Ltd bought a new position in Axcelis Technologies during the 3rd quarter worth approximately $27,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Axcelis Technologies by 145.1% during the second quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 267 shares during the period. Caitlin John LLC purchased a new stake in shares of Axcelis Technologies during the third quarter worth about $32,000. Advisory Services Network LLC purchased a new stake in shares of Axcelis Technologies during the third quarter worth about $32,000. Finally, Leonteq Securities AG purchased a new stake in Axcelis Technologies in the fourth quarter worth about $40,000. 89.98% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Insider Activity at Axcelis Technologies

In other Axcelis Technologies news, Director John T. Kurtzweil sold 3,500 shares of Axcelis Technologies stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $138.79, for a total value of $485,765.00. Following the completion of the sale, the director owned 32,990 shares of the company’s stock, valued at approximately $4,578,682.10. The trade was a 9.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jeanne Quirk sold 1,789 shares of Axcelis Technologies stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $140.22, for a total transaction of $250,853.58. Following the completion of the sale, the director directly owned 11,400 shares of the company’s stock, valued at approximately $1,598,508. This trade represents a 13.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 32,453 shares of company stock valued at $4,891,714 over the last ninety days. Corporate insiders own 0.49% of the company’s stock.

Axcelis Technologies Price Performance

Shares of NASDAQ ACLS opened at $164.27 on Wednesday. Axcelis Technologies, Inc. has a fifty-two week low of $55.93 and a fifty-two week high of $171.61. The company has a 50 day simple moving average of $124.18 and a two-hundred day simple moving average of $99.51. The company has a market capitalization of $5.05 billion, a price-to-earnings ratio of 51.17, a P/E/G 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.

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

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.