Emerald Mutual Fund Advisers Trust Buys Shares of 47,412 Axcelis Technologies, Inc. $ACLS

Emerald Mutual Fund Advisers Trust acquired a new stake in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) during the 1st quarter, HoldingsChannel.com reports. The firm acquired 47,412 shares of the semiconductor company’s stock, valued at approximately $4,413,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. REAP Financial Group LLC acquired a new stake in Axcelis Technologies in the fourth quarter valued at $25,000. EverSource Wealth Advisors LLC increased its holdings in Axcelis Technologies by 145.1% in the second quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 267 shares in the last quarter. Advisory Services Network LLC acquired a new position in shares of Axcelis Technologies during the 3rd quarter valued at $32,000. Leonteq Securities AG bought a new position in shares of Axcelis Technologies in the fourth quarter valued at $40,000. Finally, Clearstead Advisors LLC boosted its stake in Axcelis Technologies by 197.1% during the 4th quarter. Clearstead Advisors LLC now owns 719 shares of the semiconductor company’s stock valued at $58,000 after purchasing an additional 477 shares during the last quarter. 89.98% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Zacks Research upgraded shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Bank of America boosted their target price on Axcelis Technologies from $130.00 to $156.00 and gave the company an “underperform” rating in a research note on Tuesday, June 23rd. Weiss Ratings cut shares of 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 note on Monday, April 20th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $130.25.

Insider Buying and Selling

In other Axcelis Technologies news, EVP Eileen Evans sold 926 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $155.51, for a total value of $144,002.26. Following the completion of the transaction, the executive vice president owned 31,295 shares in the company, valued at approximately $4,866,685.45. This represents a 2.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Christopher Tatnall sold 1,166 shares of Axcelis Technologies stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $149.75, for a total transaction of $174,608.50. Following the transaction, the executive vice president directly owned 27,627 shares of the company’s stock, valued at approximately $4,137,143.25. This trade represents a 4.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 34,795 shares of company stock valued at $5,344,383 over the last 90 days. 0.49% of the stock is currently owned by company insiders.

Axcelis Technologies Trading Down 4.7%

Shares of ACLS stock opened at $136.56 on Tuesday. 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, Inc. has a 1-year low of $65.64 and a 1-year high of $193.78. The business has a 50-day moving average of $160.78 and a 200 day moving average of $118.41. The stock has a market capitalization of $4.20 billion, a PE ratio of 42.54, a P/E/G ratio of 10.15 and a beta of 1.88.

Axcelis Technologies (NASDAQ:ACLS) last posted its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.01. The company had revenue of $198.96 million during the quarter, compared to analyst estimates of $195.03 million. Axcelis Technologies had a net margin of 11.93% and a return on equity of 12.19%. 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 posted $0.88 EPS. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. As a group, sell-side analysts anticipate that Axcelis Technologies, Inc. will post 3.21 earnings per share for the current year.

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.