Axcelis Technologies, Inc. $ACLS Shares Sold by Bridges Investment Management Inc.

Bridges Investment Management Inc. decreased its position in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 10.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,400 shares of the semiconductor company’s stock after selling 3,299 shares during the quarter. Bridges Investment Management Inc. owned approximately 0.09% of Axcelis Technologies worth $2,282,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of ACLS. Close Asset Management Ltd acquired a new stake in shares of Axcelis Technologies during the third quarter worth about $27,000. Advisory Services Network LLC acquired a new stake in shares of Axcelis Technologies during the third quarter worth about $32,000. Caitlin John LLC acquired a new stake in shares of Axcelis Technologies during the third quarter worth about $32,000. EverSource Wealth Advisors LLC lifted its position 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 in the last quarter. Finally, Strs Ohio acquired a new stake in shares of Axcelis Technologies during the third quarter worth about $49,000. Institutional investors and hedge funds own 89.98% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Christopher Tatnall sold 1,166 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $149.75, for a total value of $174,608.50. Following the completion of the sale, the executive vice president directly owned 27,627 shares of the company’s stock, valued at approximately $4,137,143.25. This represents a 4.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jeanne Quirk sold 1,789 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $140.22, for a total value of $250,853.58. Following the completion of the sale, the director directly owned 11,400 shares of the company’s stock, valued at $1,598,508. The trade was a 13.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 34,453 shares of company stock valued at $5,211,694. 0.49% of the stock is owned by insiders.

Axcelis Technologies Stock Performance

Shares of Axcelis Technologies stock opened at $159.19 on Thursday. The firm has a market capitalization of $4.89 billion, a P/E ratio of 49.59, a P/E/G ratio of 11.24 and a beta of 1.91. Axcelis Technologies, Inc. has a 52 week low of $58.47 and a 52 week high of $171.61. The company has a quick ratio of 2.99, a current ratio of 4.59 and a debt-to-equity ratio of 0.04. The firm’s 50 day moving average is $132.57 and its two-hundred day moving average is $102.49.

Axcelis Technologies (NASDAQ:ACLS) last announced its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.72 EPS 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 analyst estimates of $195.03 million. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. The firm’s revenue was up 3.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.88 earnings per share. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Research analysts forecast that Axcelis Technologies, Inc. will post 3.21 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.