Key Points
- Axcelis Technologies VP Todd Sutton sold 2,000 shares on May 27 at an average price of $159.99, totaling about $319,980. After the sale, he still held 6,360 shares, a 23.92% reduction in his stake.
- Sutton also sold 2,574 shares on May 14 for about $421,853, making this his second recent insider sale disclosed in the article.
- Axcelis recently beat quarterly earnings and revenue expectations, reporting $0.72 EPS on $198.96 million in revenue, while analysts currently rate the stock a “Hold” on average with a $116.25 target price.
Axcelis Technologies, Inc. (NASDAQ:ACLS - Get Free Report) VP Todd Sutton sold 2,000 shares of Axcelis Technologies stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $159.99, for a total value of $319,980.00. Following the transaction, the vice president owned 6,360 shares in the company, valued at approximately $1,017,536.40. This represents a 23.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Todd Sutton also recently made the following trade(s):
- On Thursday, May 14th, Todd Sutton sold 2,574 shares of Axcelis Technologies stock. The shares were sold at an average price of $163.89, for a total value of $421,852.86.
Axcelis Technologies Trading Down 1.5%
NASDAQ:ACLS opened at $155.55 on Friday. Axcelis Technologies, Inc. has a fifty-two week low of $55.93 and a fifty-two week high of $171.61. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.59 and a quick ratio of 2.99. The stock has a market capitalization of $4.78 billion, a PE ratio of 48.46, a price-to-earnings-growth ratio of 11.18 and a beta of 1.93. The business's 50-day simple moving average is $127.05 and its 200-day simple moving average is $100.54.
Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts' expectations of $195.03 million. During the same quarter in the previous year, the business posted $0.88 EPS. 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. Sell-side analysts expect that Axcelis Technologies, Inc. will post 3.21 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several research firms have recently weighed in on ACLS. Zacks Research upgraded Axcelis Technologies from a "strong sell" rating to a "hold" rating in a report on Monday, April 20th. B. Riley Financial upgraded Axcelis Technologies from a "neutral" rating to a "buy" rating and set a $150.00 price target on the stock in a report on Monday, April 20th. Finally, Weiss Ratings lowered Axcelis Technologies from a "hold (c)" rating to a "hold (c-)" rating in a report on Tuesday, May 12th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Axcelis Technologies currently has an average rating of "Hold" and an average target price of $116.25.
Read Our Latest Stock Report on ACLS
Institutional Trading of Axcelis Technologies
A number of institutional investors have recently modified their holdings of ACLS. Royal Bank of Canada lifted its holdings in shares of Axcelis Technologies by 3.8% in the first quarter. Royal Bank of Canada now owns 117,566 shares of the semiconductor company's stock valued at $5,838,000 after purchasing an additional 4,324 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Axcelis Technologies by 4.9% in the first quarter. AQR Capital Management LLC now owns 35,717 shares of the semiconductor company's stock valued at $1,774,000 after purchasing an additional 1,678 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Axcelis Technologies by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,396 shares of the semiconductor company's stock valued at $963,000 after purchasing an additional 849 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Axcelis Technologies by 7.5% in the first quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company's stock valued at $31,560,000 after purchasing an additional 44,275 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Axcelis Technologies by 1.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 78,756 shares of the semiconductor company's stock valued at $3,912,000 after purchasing an additional 836 shares in the last quarter. 89.98% of the stock is currently owned by institutional investors.
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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