Private Advisor Group LLC Sells 35,504 Shares of Axcelis Technologies, Inc. $ACLS

Private Advisor Group LLC trimmed its holdings in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 92.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,978 shares of the semiconductor company’s stock after selling 35,504 shares during the period. Private Advisor Group LLC’s holdings in Axcelis Technologies were worth $277,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Royal Bank of Canada boosted its holdings in shares of Axcelis Technologies by 3.8% in the first quarter. Royal Bank of Canada now owns 117,566 shares of the semiconductor company’s stock worth $5,838,000 after acquiring an additional 4,324 shares during the period. AQR Capital Management LLC raised its stake in shares of Axcelis Technologies by 4.9% during the 1st quarter. AQR Capital Management LLC now owns 35,717 shares of the semiconductor company’s stock valued at $1,774,000 after purchasing an additional 1,678 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Axcelis Technologies by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,396 shares of the semiconductor company’s stock valued at $963,000 after purchasing an additional 849 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Axcelis Technologies by 7.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company’s stock worth $31,560,000 after purchasing an additional 44,275 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Axcelis Technologies by 1.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 78,756 shares of the semiconductor company’s stock worth $3,912,000 after purchasing an additional 836 shares in the last quarter. Institutional investors own 89.98% of the company’s stock.

Insiders Place Their Bets

In other Axcelis Technologies news, Director John T. Kurtzweil sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $138.79, for a total value of $485,765.00. Following the sale, the director owned 32,990 shares of the company’s stock, valued at $4,578,682.10. This trade represents a 9.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Gregory B. Graves sold 3,225 shares of Axcelis Technologies stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $141.61, for a total value of $456,692.25. Following the sale, the director owned 5,473 shares of the company’s stock, valued at approximately $775,031.53. This trade represents a 37.08% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 34,795 shares of company stock worth $5,344,383. 0.49% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have commented on ACLS shares. Bank of America raised their target price on Axcelis Technologies from $130.00 to $156.00 and gave the stock an “underperform” rating in a research note on Tuesday, June 23rd. Weiss Ratings cut Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 12th. B. Riley Financial raised shares of 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. Finally, Zacks Research upgraded shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $130.25.

Axcelis Technologies Trading Down 2.1%

Axcelis Technologies stock opened at $136.42 on Friday. The stock has a market cap of $4.19 billion, a P/E ratio of 42.50, a PEG ratio of 9.66 and a beta of 1.88. Axcelis Technologies, Inc. has a fifty-two week low of $65.64 and a fifty-two week high of $193.78. The firm’s fifty day moving average price is $159.39 and its 200-day moving average price is $119.79. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.99 and a current ratio of 4.59.

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 company had revenue of $198.96 million for the quarter, compared to the consensus estimate of $195.03 million. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The firm’s revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.88 earnings per share. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Equities research analysts forecast that Axcelis Technologies, Inc. will post 3.21 earnings per share for the current fiscal year.

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.