Key Points
- Director Gregory Graves sold 3,225 shares of Axcelis Technologies on May 19 at an average price of $141.61, reducing his stake by 37.08% and generating about $456,692.
- Axcelis reported better-than-expected first-quarter results, with EPS of $0.72 and revenue of $198.96 million, and the company guided Q2 2026 EPS at 0.900-.
- Analyst sentiment is mixed, with the stock carrying an average “Hold” rating and a consensus price target of $116.25, even though shares recently traded at $149.56.
Axcelis Technologies, Inc. (NASDAQ:ACLS - Get Free Report) Director Jeanne Quirk sold 1,789 shares of Axcelis Technologies stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $140.22, for a total transaction of $250,853.58. Following the completion of the sale, the director owned 11,400 shares of the company's stock, valued at $1,598,508. This trade represents a 13.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Axcelis Technologies Price Performance
Shares of Axcelis Technologies stock opened at $149.56 on Thursday. The firm has a fifty day simple moving average of $118.37 and a 200-day simple moving average of $97.38. The company has a current ratio of 4.59, a quick ratio of 2.99 and a debt-to-equity ratio of 0.04. Axcelis Technologies, Inc. has a 1-year low of $55.93 and a 1-year high of $171.61. The stock has a market capitalization of $4.60 billion, a price-to-earnings ratio of 46.59, a PEG ratio of 11.40 and a beta of 1.93.
Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share for the quarter, topping 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 analysts' expectations of $195.03 million. During the same period in the previous year, the company earned $0.88 earnings per share. Axcelis Technologies'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. On average, sell-side analysts expect that Axcelis Technologies, Inc. will post 2.86 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the stock. Weiss Ratings cut shares of Axcelis Technologies from a "hold (c)" rating to a "hold (c-)" rating in a research note on Tuesday, May 12th. Zacks Research upgraded shares of Axcelis Technologies from a "strong sell" rating to a "hold" rating in a research note on Monday, April 20th. Finally, 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 research note on Monday, April 20th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $116.25.
Read Our Latest Research Report on Axcelis Technologies
Institutional Trading of Axcelis Technologies
Several hedge funds and other institutional investors have recently bought and sold shares of ACLS. Close Asset Management Ltd acquired a new position in shares of Axcelis Technologies during the third quarter valued at about $27,000. REAP Financial Group LLC acquired a new position in shares of Axcelis Technologies during the fourth quarter valued at about $25,000. Advisory Services Network LLC acquired a new position in shares of Axcelis Technologies during the third quarter valued at about $32,000. Caitlin John LLC acquired a new position in shares of Axcelis Technologies during the third quarter valued at about $32,000. Finally, EverSource Wealth Advisors LLC raised 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 valued at $31,000 after buying an additional 267 shares during the last quarter. 89.98% of the stock is currently 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.
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