Axcelis Technologies (NASDAQ:ACLS) Director Sells $485,765.00 in Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) Director John Kurtzweil sold 3,500 shares of Axcelis Technologies stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $138.79, for a total value of $485,765.00. Following the completion of the sale, the director directly owned 32,990 shares of the company’s stock, valued at $4,578,682.10. This trade represents a 9.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Axcelis Technologies Trading Up 4.4%

Shares of NASDAQ ACLS traded up $6.33 during midday trading on Wednesday, hitting $149.56. The stock had a trading volume of 386,214 shares, compared to its average volume of 781,032. The company’s 50-day simple moving average is $117.06 and its 200 day simple moving average is $96.90. The firm has a market cap of $4.60 billion, a P/E ratio of 46.59, a price-to-earnings-growth ratio of 11.64 and a beta of 1.93. 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.

Axcelis Technologies (NASDAQ:ACLS) last released its earnings results 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 company had revenue of $198.96 million during the quarter, compared to analysts’ expectations of $195.03 million. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The business’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same period last year, the firm earned $0.88 EPS. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Research analysts anticipate that Axcelis Technologies, Inc. will post 2.86 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently 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. 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 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 issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $116.25.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ACLS. REAP Financial Group LLC acquired a new stake in shares of Axcelis Technologies in the fourth quarter valued at about $25,000. Close Asset Management Ltd acquired a new stake in shares of Axcelis Technologies in the third quarter valued at about $27,000. EverSource Wealth Advisors LLC increased its position in shares of Axcelis Technologies by 145.1% in the second quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 267 shares during the last quarter. Caitlin John LLC acquired a new stake in shares of Axcelis Technologies in the third quarter valued at about $32,000. Finally, Advisory Services Network LLC acquired a new stake in shares of Axcelis Technologies in the third quarter valued at about $32,000. 89.98% of the stock is currently owned by institutional investors.

Axcelis Technologies Company Profile

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.