Key Points
- Axcelis Technologies director Necip Sayiner sold 1,586 shares on June 3 at an average price of $157.44, totaling about $249,700. After the sale, he still owned 7,112 shares, a reduction of 18.23% in his stake.
- The stock was trading higher, opening at $161.87 and rising 1.7% in the session mentioned. Axcelis also sits near its 52-week high of $171.61, well above its 52-week low of $59.99.
- Recent earnings beat expectations, with quarterly EPS of $0.72 versus the $0.71 consensus and revenue of $198.96 million versus $195.03 million expected. The company also provided Q2 2026 guidance of 0.900 EPS and has a current analyst consensus rating of Hold.
Axcelis Technologies, Inc. (NASDAQ:ACLS - Get Free Report) Director Necip Sayiner sold 1,586 shares of the company's stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $157.44, for a total value of $249,699.84. Following the sale, the director directly owned 7,112 shares of the company's stock, valued at approximately $1,119,713.28. This represents a 18.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Axcelis Technologies Stock Up 1.7%
ACLS opened at $161.87 on Friday. The business has a 50 day moving average price of $133.92 and a two-hundred day moving average price of $103.06. 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 company has a market cap of $4.97 billion, a PE ratio of 50.43, a P/E/G ratio of 11.27 and a beta of 1.91. Axcelis Technologies, Inc. has a 52 week low of $59.99 and a 52 week high of $171.61.
Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.71 by $0.01. The firm had revenue of $198.96 million during the quarter, compared to the consensus estimate of $195.03 million. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The firm's revenue was up 3.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.88 EPS. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. As a group, research analysts anticipate that Axcelis Technologies, Inc. will post 3.21 EPS for the current year.
Wall Street Analyst Weigh In
Several analysts have commented on the company. Zacks Research raised Axcelis Technologies from a "strong sell" rating to a "hold" rating 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, May 12th. Finally, B. Riley Financial upgraded 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. 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. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $116.25.
Check Out Our Latest Report on Axcelis Technologies
Hedge Funds Weigh In On Axcelis Technologies
Several institutional investors and hedge funds have recently added to or reduced their stakes in ACLS. REAP Financial Group LLC acquired a new position in Axcelis Technologies during the 4th quarter worth approximately $25,000. Close Asset Management Ltd acquired a new position in Axcelis Technologies during the 3rd quarter worth approximately $27,000. EverSource Wealth Advisors LLC increased its position in Axcelis Technologies by 145.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company's stock worth $31,000 after purchasing an additional 267 shares during the period. Caitlin John LLC acquired a new position in Axcelis Technologies during the 3rd quarter worth approximately $32,000. Finally, Advisory Services Network LLC acquired a new stake in shares of Axcelis Technologies in the 3rd quarter worth approximately $32,000. Institutional investors and hedge funds 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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