Axcelis Technologies, Inc. (NASDAQ:ACLS) Stock Holdings Lifted by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich lifted its stake in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,839 shares of the semiconductor company’s stock after acquiring an additional 102 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in Axcelis Technologies were worth $1,276,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in ACLS. Rakuten Securities Inc. acquired a new position in shares of Axcelis Technologies during the 4th quarter worth about $27,000. NBC Securities Inc. acquired a new position in shares of Axcelis Technologies during the 3rd quarter worth about $28,000. Clearstead Advisors LLC acquired a new position in shares of Axcelis Technologies during the 3rd quarter worth about $33,000. C M Bidwell & Associates Ltd. acquired a new position in shares of Axcelis Technologies during the 3rd quarter worth about $34,000. Finally, Global Retirement Partners LLC lifted its position in shares of Axcelis Technologies by 1,188.0% during the 4th quarter. Global Retirement Partners LLC now owns 322 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 297 shares during the last quarter. Institutional investors own 89.98% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on ACLS shares. B. Riley Financial cut their price objective on Axcelis Technologies from $180.00 to $165.00 and set a “buy” rating for the company in a research report on Friday, February 9th. B. Riley cut their price target on Axcelis Technologies from $180.00 to $165.00 and set a “buy” rating for the company in a report on Friday, February 9th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Axcelis Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $189.00.

Insider Activity

In related news, EVP Douglas A. Lawson acquired 500 shares of the stock in a transaction dated Friday, February 23rd. The shares were bought at an average cost of $111.04 per share, for a total transaction of $55,520.00. Following the purchase, the executive vice president now owns 19,648 shares in the company, valued at approximately $2,181,713.92. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.43% of the company’s stock.

Axcelis Technologies Trading Up 3.1 %

Axcelis Technologies stock opened at $103.06 on Friday. The business has a 50 day moving average price of $108.41 and a two-hundred day moving average price of $123.55. The company has a quick ratio of 2.71, a current ratio of 3.79 and a debt-to-equity ratio of 0.05. The stock has a market cap of $3.36 billion, a price-to-earnings ratio of 13.87, a price-to-earnings-growth ratio of 1.07 and a beta of 1.63. Axcelis Technologies, Inc. has a 12 month low of $93.77 and a 12 month high of $201.00.

Axcelis Technologies (NASDAQ:ACLS) last released its quarterly earnings data on Thursday, February 8th. The semiconductor company reported $2.15 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.17. Axcelis Technologies had a return on equity of 31.66% and a net margin of 21.78%. The company had revenue of $310.29 million for the quarter, compared to analyst estimates of $297.92 million. During the same period in the prior year, the company posted $1.71 EPS. The company’s revenue was up 16.6% compared to the same quarter last year. As a group, equities analysts forecast that Axcelis Technologies, Inc. will post 6.88 EPS for the current year.

About Axcelis Technologies

Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia Pacific. The company offers high energy, high current, and medium current implanters for various application requirements.