Axcelis Technologies (NASDAQ:ACLS) CEO Russell Low Sells 1,244 Shares of Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) CEO Russell Low sold 1,244 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $94.06, for a total transaction of $117,010.64. Following the sale, the chief executive officer directly owned 132,282 shares of the company’s stock, valued at approximately $12,442,444.92. The trade was a 0.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Axcelis Technologies Price Performance

Shares of Axcelis Technologies stock opened at $95.09 on Friday. The stock has a market cap of $2.92 billion, a P/E ratio of 25.09, a P/E/G ratio of 11.42 and a beta of 1.65. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.11 and a current ratio of 4.77. The stock’s fifty day moving average is $87.80 and its 200 day moving average is $87.00. Axcelis Technologies, Inc. has a one year low of $40.40 and a one year high of $102.93.

Axcelis Technologies (NASDAQ:ACLS) last released its quarterly earnings results on Tuesday, February 17th. The semiconductor company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.37. The business had revenue of $238.33 million during the quarter, compared to analyst estimates of $215.04 million. Axcelis Technologies had a return on equity of 13.73% and a net margin of 14.33%.Axcelis Technologies’s revenue for the quarter was down 5.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.54 earnings per share. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. Sell-side analysts anticipate that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ACLS. Zacks Research lowered shares of Axcelis Technologies from a “hold” rating to a “strong sell” rating in a report on Friday, February 20th. B. Riley Financial dropped their price target on shares of Axcelis Technologies from $94.00 to $91.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. Weiss Ratings reissued a “hold (c-)” rating on shares of Axcelis Technologies in a research note on Monday, December 22nd. Wall Street Zen downgraded shares of Axcelis Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 3rd. Finally, Bank of America lifted their target price on shares of Axcelis Technologies from $90.00 to $100.00 and gave the company an “underperform” rating in a research note on Tuesday, January 13th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $101.50.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC boosted its stake in Axcelis Technologies by 29.7% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 585 shares of the semiconductor company’s stock worth $57,000 after purchasing an additional 134 shares during the period. Larson Financial Group LLC lifted its holdings in shares of Axcelis Technologies by 17.8% in the fourth quarter. Larson Financial Group LLC now owns 933 shares of the semiconductor company’s stock worth $75,000 after buying an additional 141 shares in the last quarter. CWM LLC lifted its holdings in shares of Axcelis Technologies by 5.8% in the fourth quarter. CWM LLC now owns 2,623 shares of the semiconductor company’s stock worth $211,000 after buying an additional 143 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Axcelis Technologies by 18.6% during the third quarter. Smartleaf Asset Management LLC now owns 957 shares of the semiconductor company’s stock worth $93,000 after acquiring an additional 150 shares during the last quarter. Finally, Vise Technologies Inc. boosted its position in shares of Axcelis Technologies by 7.5% during the fourth quarter. Vise Technologies Inc. now owns 2,937 shares of the semiconductor company’s stock worth $236,000 after acquiring an additional 204 shares during the last quarter. 89.98% of the stock is owned by hedge funds and other institutional investors.

About Axcelis Technologies

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.