Key Points
- Eileen Evans, Axcelis Technologies’ EVP, sold 926 shares on May 22 at an average price of $155.51, trimming her stake by 2.87% and bringing the transaction value to about $144,002.
- Axcelis reported better-than-expected quarterly earnings, with EPS of $0.72 versus $0.71 expected and revenue of $198.96 million, while issuing Q2 2026 guidance and maintaining solid profitability metrics.
- Analyst views remain mixed: the stock has an overall Hold rating with an average price target of $116.25, even as some firms recently upgraded or reiterated more positive ratings.
Axcelis Technologies, Inc. (NASDAQ:ACLS - Get Free Report) EVP Eileen Evans sold 926 shares of Axcelis Technologies stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $155.51, for a total value of $144,002.26. Following the transaction, the executive vice president owned 31,295 shares of the company's stock, valued at $4,866,685.45. This trade represents a 2.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Axcelis Technologies Price Performance
Axcelis Technologies stock opened at $156.94 on Friday. Axcelis Technologies, Inc. has a 52 week low of $55.93 and a 52 week high of $171.61. The company's 50 day moving average price is $121.12 and its two-hundred day moving average price is $98.30. 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 stock has a market cap of $4.82 billion, a P/E ratio of 48.89, a P/E/G ratio of 12.14 and a beta of 1.93.
Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last posted its earnings results on Thursday, May 7th. The semiconductor company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.71 by $0.01. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. The firm had revenue of $198.96 million for the quarter, compared to analysts' expectations of $195.03 million. During the same quarter last year, the firm earned $0.88 EPS. The company's quarterly revenue was up 3.3% compared to the same quarter last year. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. On average, equities analysts predict that Axcelis Technologies, Inc. will post 2.86 earnings per share for the current year.
Analyst Ratings Changes
ACLS has been the topic of several recent analyst reports. 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. B. Riley Financial raised shares of Axcelis Technologies from a "neutral" rating to a "buy" rating and set a $150.00 target price on the stock in a research report on Monday, April 20th. Finally, Zacks Research raised shares of Axcelis Technologies from a "strong sell" rating to a "hold" rating in a research report on Monday, April 20th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $116.25.
View Our Latest Stock Analysis on ACLS
Institutional Investors Weigh In On Axcelis Technologies
A number of hedge funds have recently modified their holdings of ACLS. Victory Capital Management Inc. raised its holdings in shares of Axcelis Technologies by 85.9% in the 4th quarter. Victory Capital Management Inc. now owns 1,807,404 shares of the semiconductor company's stock worth $145,207,000 after purchasing an additional 835,242 shares during the period. The Manufacturers Life Insurance Company raised its holdings in shares of Axcelis Technologies by 3,402.5% in the 1st quarter. The Manufacturers Life Insurance Company now owns 491,745 shares of the semiconductor company's stock worth $45,772,000 after purchasing an additional 477,705 shares during the period. LSV Asset Management bought a new stake in shares of Axcelis Technologies in the 3rd quarter worth approximately $30,747,000. Invesco Ltd. raised its holdings in shares of Axcelis Technologies by 176.6% in the 3rd quarter. Invesco Ltd. now owns 386,735 shares of the semiconductor company's stock worth $37,761,000 after purchasing an additional 246,939 shares during the period. Finally, Balyasny Asset Management L.P. raised its holdings in shares of Axcelis Technologies by 10,368.7% in the 4th quarter. Balyasny Asset Management L.P. now owns 243,503 shares of the semiconductor company's stock worth $19,563,000 after purchasing an additional 241,177 shares during the period. Institutional investors own 89.98% of the company's stock.
Axcelis Technologies Company Profile
(
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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