6,936 Shares in Axcelis Technologies, Inc. $ACLS Bought by Western Wealth Management LLC

Western Wealth Management LLC purchased a new stake in Axcelis Technologies, Inc. (NASDAQ:ACLS) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 6,936 shares of the semiconductor company’s stock, valued at approximately $646,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Parallel Advisors LLC increased its holdings in Axcelis Technologies by 22.0% in the 1st quarter. Parallel Advisors LLC now owns 665 shares of the semiconductor company’s stock valued at $62,000 after buying an additional 120 shares during the period. Larson Financial Group LLC lifted its holdings in shares of Axcelis Technologies by 17.8% during the 4th quarter. Larson Financial Group LLC now owns 933 shares of the semiconductor company’s stock worth $75,000 after acquiring an additional 141 shares during the period. CWM LLC boosted its position in shares of Axcelis Technologies by 5.8% during the 4th quarter. CWM LLC now owns 2,623 shares of the semiconductor company’s stock worth $211,000 after acquiring an additional 143 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Axcelis Technologies by 0.5% during the 1st quarter. Empowered Funds LLC now owns 39,087 shares of the semiconductor company’s stock worth $3,638,000 after acquiring an additional 199 shares in the last quarter. Finally, Vise Technologies Inc. increased its stake in Axcelis Technologies by 7.5% in the fourth quarter. Vise Technologies Inc. now owns 2,937 shares of the semiconductor company’s stock valued at $236,000 after acquiring an additional 204 shares during the last quarter. Institutional investors own 89.98% of the company’s stock.

Insider Activity at Axcelis Technologies

In other Axcelis Technologies news, EVP Gerald M. Blumenstock sold 1,161 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $152.70, for a total value of $177,284.70. Following the completion of the transaction, the executive vice president owned 20,493 shares of the company’s stock, valued at $3,129,281.10. This represents a 5.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Todd Sutton sold 2,000 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $159.99, for a total value of $319,980.00. Following the completion of the transaction, the vice president owned 6,360 shares of the company’s stock, valued at $1,017,536.40. This represents a 23.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 15,353 shares of company stock worth $2,258,886 over the last 90 days. 0.49% of the stock is currently owned by company insiders.

Axcelis Technologies Price Performance

ACLS stock opened at $143.03 on Friday. The stock has a market cap of $4.42 billion, a price-to-earnings ratio of 48.00, a P/E/G ratio of 4.58 and a beta of 1.92. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.90 and a quick ratio of 3.21. The company has a 50 day simple moving average of $150.92 and a 200 day simple moving average of $125.84. Axcelis Technologies, Inc. has a 1 year low of $73.60 and a 1 year high of $193.78.

Axcelis Technologies (NASDAQ:ACLS) last issued its earnings results on Thursday, August 6th. The semiconductor company reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.17. The firm had revenue of $215.18 million for the quarter, compared to analyst estimates of $205.03 million. Axcelis Technologies had a net margin of 10.71% and a return on equity of 11.69%. The company’s quarterly revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the business posted $1.13 earnings per share. Axcelis Technologies has set its Q3 2026 guidance at 1.110-1.110 EPS. Research analysts anticipate that Axcelis Technologies, Inc. will post 3.21 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ACLS has been the subject of several research analyst reports. Craig Hallum downgraded shares of Axcelis Technologies from a “buy” rating to a “hold” rating and set a $140.00 price objective for the company. in a research report on Friday, August 7th. B. Riley Financial upgraded Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price target on the stock in a research note on Monday, April 20th. Zacks Research raised Axcelis Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Bank of America boosted their price target on Axcelis Technologies from $130.00 to $156.00 and gave the stock an “underperform” rating in a report on Tuesday, June 23rd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Axcelis Technologies in a research report on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $132.20.

Axcelis Technologies 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.