Axcelis Technologies (NASDAQ:ACLS) Director Jorge Titinger Sells 2,000 Shares of Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) Director Jorge Titinger sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $164.14, for a total transaction of $328,280.00. Following the completion of the sale, the director directly owned 4,477 shares of the company’s stock, valued at $734,854.78. This represents a 30.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Jorge Titinger also recently made the following trade(s):

• On Friday, February 20th, Jorge Titinger sold 1,000 shares of Axcelis Technologies stock. The stock was sold at an average price of $80.00, for a total transaction of $80,000.00.

Axcelis Technologies Stock Down 0.3%

Axcelis Technologies stock opened at $161.64 on Friday. 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 firm’s fifty day simple moving average is $113.26 and its 200-day simple moving average is $95.52. The company has a market capitalization of $4.97 billion, a P/E ratio of 50.36, a P/E/G ratio of 12.91 and a beta of 1.93.

Axcelis Technologies (NASDAQ:ACLS) last issued its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.01. The firm had revenue of $198.96 million during the quarter, compared to analysts’ expectations of $195.03 million. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. Axcelis Technologies’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.88 earnings per share. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Sell-side analysts forecast that Axcelis Technologies, Inc. will post 2.86 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Zacks Research raised Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Weiss Ratings cut Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday. Finally, 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. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Axcelis Technologies currently has a consensus rating of “Hold” and an average price target of $116.25.

Institutional Investors Weigh In On Axcelis Technologies

A number of hedge funds have recently bought and sold shares of the company. Victory Capital Management Inc. grew its position in shares of Axcelis Technologies by 85.9% in the fourth quarter. Victory Capital Management Inc. now owns 1,807,404 shares of the semiconductor company’s stock valued at $145,207,000 after purchasing an additional 835,242 shares during the last quarter. LSV Asset Management bought a new stake in Axcelis Technologies during the 3rd quarter valued at approximately $30,747,000. Invesco Ltd. boosted its stake in Axcelis Technologies by 176.6% during the 3rd quarter. Invesco Ltd. now owns 386,735 shares of the semiconductor company’s stock valued at $37,761,000 after purchasing an additional 246,939 shares during the period. Balyasny Asset Management L.P. grew its holdings in 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 valued at $19,563,000 after buying an additional 241,177 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in Axcelis Technologies by 142.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 266,015 shares of the semiconductor company’s stock valued at $22,909,000 after buying an additional 156,387 shares during the last quarter. 89.98% of the stock is currently owned by 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.