Key Points
- Axcelis Technologies VP Todd Sutton sold 2,574 shares on May 14 at an average price of $163.89, bringing in about $421,853. After the sale, he held 7,817 shares, a 24.77% reduction in his stake.
- The company recently beat quarterly expectations, reporting EPS of $0.72 versus the $0.71 consensus and revenue of $198.96 million versus $195.03 million expected. Revenue rose 3.3% year over year, and Axcelis guided Q2 2026 EPS to 0.900-.
- Analyst sentiment is mixed, with an average rating of “Hold” and an average target price of $116.25. Institutional ownership remains high at 89.98% of the stock.
Axcelis Technologies, Inc. (NASDAQ:ACLS - Get Free Report) EVP Gerald Blumenstock sold 1,015 shares of the firm's stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $162.31, for a total value of $164,744.65. Following the completion of the transaction, the executive vice president owned 17,293 shares in the company, valued at $2,806,826.83. The trade was a 5.54% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Axcelis Technologies Trading Down 4.0%
Shares of ACLS stock opened at $155.18 on Friday. The stock's fifty day moving average is $114.63 and its two-hundred day moving average is $95.94. 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 firm has a market capitalization of $4.77 billion, a P/E ratio of 48.34, a PEG ratio of 12.87 and a beta of 1.93. 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 - Get Free Report) last issued its earnings results on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.71 by $0.01. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The business had revenue of $198.96 million during the quarter, compared to the consensus estimate of $195.03 million. During the same period last year, the company earned $0.88 EPS. The company'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. Research analysts expect that Axcelis Technologies, Inc. will post 2.86 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of brokerages have issued reports on ACLS. B. Riley Financial raised Axcelis Technologies from a "neutral" rating to a "buy" rating and set a $150.00 target price for the company in a research note on Monday, April 20th. Weiss Ratings downgraded Axcelis Technologies from a "hold (c)" rating to a "hold (c-)" rating in a research note on Tuesday. Finally, Zacks Research raised Axcelis Technologies from a "strong sell" rating to a "hold" rating in a research note 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 stock. According to data from MarketBeat, Axcelis Technologies presently has an average rating of "Hold" and a consensus target price of $116.25.
Read Our Latest Research Report on ACLS
Institutional Trading of Axcelis Technologies
A number of hedge funds and other institutional investors have recently modified their holdings of ACLS. Royal Bank of Canada increased its position in shares of Axcelis Technologies by 3.8% during the 1st quarter. Royal Bank of Canada now owns 117,566 shares of the semiconductor company's stock worth $5,838,000 after purchasing an additional 4,324 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Axcelis Technologies by 4.9% during the 1st quarter. AQR Capital Management LLC now owns 35,717 shares of the semiconductor company's stock worth $1,774,000 after purchasing an additional 1,678 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Axcelis Technologies by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,396 shares of the semiconductor company's stock worth $963,000 after purchasing an additional 849 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Axcelis Technologies by 7.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company's stock worth $31,560,000 after purchasing an additional 44,275 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Axcelis Technologies by 1.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 78,756 shares of the semiconductor company's stock worth $3,912,000 after purchasing an additional 836 shares during the last quarter. 89.98% of the stock is owned by institutional investors and hedge funds.
About Axcelis Technologies
(
Get Free Report)
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.
Further Reading
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