12,638 Shares in Axcelis Technologies, Inc. $ACLS Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) during the second quarter, Holdings Channel reports. The fund purchased 12,638 shares of the semiconductor company’s stock, valued at approximately $2,394,000.

A number of other large investors have also recently bought and sold shares of the business. REAP Financial Group LLC bought a new position in shares of Axcelis Technologies in the 4th quarter worth about $25,000. EverSource Wealth Advisors LLC boosted its position in shares of Axcelis Technologies by 145.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 267 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of Axcelis Technologies during the 3rd quarter valued at about $32,000. Leonteq Securities AG acquired a new stake in Axcelis Technologies during the fourth quarter worth approximately $40,000. Finally, Clearstead Advisors LLC grew its stake in Axcelis Technologies by 197.1% during the fourth quarter. Clearstead Advisors LLC now owns 719 shares of the semiconductor company’s stock worth $58,000 after purchasing an additional 477 shares during the period. 89.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Bank of America boosted their price target on Axcelis Technologies from $130.00 to $156.00 and gave the company an “underperform” rating in a research note on Tuesday, June 23rd. 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. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Axcelis Technologies in a research note on Friday, August 7th. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $132.20.

Axcelis Technologies Price Performance

ACLS stock opened at $113.30 on Friday. The stock has a market capitalization of $3.50 billion, a PE ratio of 38.02, a price-to-earnings-growth ratio of 3.53 and a beta of 1.86. The company’s 50-day moving average is $130.26 and its 200-day moving average is $130.55. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.90 and a quick ratio of 3.21. 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 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.17. Axcelis Technologies had a return on equity of 11.69% and a net margin of 10.71%.The business had revenue of $215.18 million during the quarter, compared to analyst estimates of $205.03 million. During the same period in the previous year, the company posted $1.13 EPS. The firm’s revenue was up 10.6% compared to the same quarter last year. Axcelis Technologies has set its Q3 2026 guidance at 1.110-1.110 EPS. Equities research analysts expect that Axcelis Technologies, Inc. will post 3.39 EPS for the current fiscal year.

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.