Key Points
- Director Jorge Titinger sold 2,000 shares of Axcelis (ACLS) on Dec. 17 at an average price of $86.05 for $172,100, cutting his stake by 21.10% to 7,477 shares; the transaction was disclosed in an SEC Form 4.
- Axcelis reported quarterly EPS of $1.71 on $252.42 million in revenue (net margin 15.93%), analysts forecast full-year EPS of 2.55, and the consensus target price is $98.80 with an average rating of "Hold."
- The stock trades near $81.13 with a market cap of $2.52 billion, a P/E of 19.18 and a 12‑month range of $40.40–$102.93, and roughly 90% of shares are held by institutional investors.
Axcelis Technologies, Inc. (NASDAQ:ACLS - Get Free Report) Director Jorge Titinger sold 2,000 shares of Axcelis Technologies stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $86.05, for a total value of $172,100.00. Following the completion of the sale, the director directly owned 7,477 shares in the company, valued at $643,395.85. This trade represents a 21.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Axcelis Technologies Trading Down 0.6%
ACLS opened at $81.13 on Friday. The company has a current ratio of 4.95, a quick ratio of 3.32 and a debt-to-equity ratio of 0.04. The stock has a 50-day moving average of $83.26 and a 200 day moving average of $79.74. The firm has a market cap of $2.52 billion, a P/E ratio of 19.18 and a beta of 1.73. Axcelis Technologies, Inc. has a 12 month low of $40.40 and a 12 month high of $102.93.
Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last announced its earnings results on Monday, April 21st. The semiconductor company reported $1.71 earnings per share for the quarter. The business had revenue of $252.42 million for the quarter. Axcelis Technologies had a net margin of 15.93% and a return on equity of 14.58%. As a group, research analysts forecast that Axcelis Technologies, Inc. will post 2.55 EPS for the current year.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on the company. Benchmark upgraded Axcelis Technologies from a "hold" rating to a "buy" rating and set a $105.00 target price for the company in a research report on Thursday, October 2nd. Weiss Ratings restated a "hold (c-)" rating on shares of Axcelis Technologies in a report on Monday. Zacks Research downgraded Axcelis Technologies from a "strong-buy" rating to a "hold" rating in a research report on Friday, December 5th. Bank of America lowered Axcelis Technologies from a "neutral" rating to an "underperform" rating and increased their target price for the stock from $81.00 to $90.00 in a research note on Monday, October 13th. Finally, Wall Street Zen upgraded shares of Axcelis Technologies from a "hold" rating to a "buy" rating in a report on Sunday, December 14th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $98.80.
View Our Latest Stock Analysis on Axcelis Technologies
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in shares of Axcelis Technologies by 1.0% in the first quarter. Vanguard Group Inc. now owns 4,439,902 shares of the semiconductor company's stock valued at $220,530,000 after buying an additional 43,768 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Axcelis Technologies by 45.5% in the second quarter. American Century Companies Inc. now owns 1,659,463 shares of the semiconductor company's stock valued at $115,648,000 after purchasing an additional 518,968 shares in the last quarter. Reinhart Partners LLC. grew its stake in Axcelis Technologies by 6.0% during the 3rd quarter. Reinhart Partners LLC. now owns 1,610,332 shares of the semiconductor company's stock worth $157,234,000 after purchasing an additional 91,788 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Axcelis Technologies by 9.6% in the 3rd quarter. Victory Capital Management Inc. now owns 972,162 shares of the semiconductor company's stock valued at $90,243,000 after purchasing an additional 85,407 shares during the last quarter. Finally, Primecap Management Co. CA lifted its position in shares of Axcelis Technologies by 2.1% during the 2nd quarter. Primecap Management Co. CA now owns 852,296 shares of the semiconductor company's stock worth $59,397,000 after buying an additional 17,230 shares during the last quarter. 89.98% of the stock is currently owned by hedge funds and other institutional investors.
Axcelis Technologies Company Profile
(
Get Free Report)
Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia Pacific. The company offers high energy, high current, and medium current implanters for various application requirements.
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