Axcelis Technologies (NASDAQ:ACLS) EVP Sells $177,284.70 in Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) EVP Gerald Blumenstock sold 1,161 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $152.70, for a total value of $177,284.70. Following the sale, the executive vice president directly owned 20,493 shares in the company, valued at $3,129,281.10. This trade represents a 5.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Axcelis Technologies Price Performance

Shares of NASDAQ:ACLS traded up $4.43 during trading on Friday, hitting $156.94. 476,936 shares of the stock were exchanged, compared to its average volume of 773,529. The company has a fifty day moving average price of $119.70 and a two-hundred day moving average price of $97.89. The company has a market cap of $4.82 billion, a PE ratio of 48.89, a P/E/G ratio of 11.91 and a beta of 1.93. 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 12-month low of $55.93 and a 12-month high of $171.61.

Axcelis Technologies (NASDAQ:ACLS) last announced its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.71 by $0.01. The business had revenue of $198.96 million for the quarter, compared to analyst estimates of $195.03 million. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The company’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.88 EPS. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. On average, analysts forecast that Axcelis Technologies, Inc. will post 2.86 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on ACLS. Weiss Ratings lowered Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 12th. Zacks Research raised Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Finally, B. Riley Financial raised Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price on the stock in a research note on Monday, April 20th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Axcelis Technologies presently has a consensus rating of “Hold” and an average price target of $116.25.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Close Asset Management Ltd acquired a new position in Axcelis Technologies in the 3rd quarter valued at $27,000. REAP Financial Group LLC acquired a new position in Axcelis Technologies in the 4th quarter valued at $25,000. Advisory Services Network LLC acquired a new position in Axcelis Technologies in the 3rd quarter valued at $32,000. Caitlin John LLC acquired a new position in Axcelis Technologies in the 3rd quarter valued at $32,000. Finally, EverSource Wealth Advisors LLC raised its holdings in Axcelis Technologies by 145.1% in the 2nd 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. 89.98% of the stock is currently owned by institutional investors and hedge funds.

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.