Axcelis Technologies (NASDAQ:ACLS) Sets New 1-Year High – Here’s What Happened

Axcelis Technologies, Inc. (NASDAQ:ACLS) reached a new 52-week high on Wednesday . The stock traded as high as $104.86 and last traded at $102.8390, with a volume of 85265 shares changing hands. The stock had previously closed at $96.87.

Analyst Ratings Changes

Several research firms have recently weighed in on ACLS. Wall Street Zen downgraded Axcelis Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 3rd. Weiss Ratings restated a “hold (c-)” rating on shares of Axcelis Technologies in a research report on Monday, December 22nd. B. Riley Financial decreased their target price on Axcelis Technologies from $94.00 to $91.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Zacks Research downgraded Axcelis Technologies from a “hold” rating to a “strong sell” rating in a research report on Friday, February 20th. Finally, Bank of America raised their target price on Axcelis Technologies from $90.00 to $100.00 and gave the company an “underperform” rating in a research report on Tuesday, January 13th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Axcelis Technologies currently has a consensus rating of “Hold” and a consensus target price of $101.50.

Axcelis Technologies Stock Performance

The stock has a market cap of $3.16 billion, a PE ratio of 27.08, a P/E/G ratio of 11.37 and a beta of 1.65. The company has a quick ratio of 3.11, a current ratio of 4.77 and a debt-to-equity ratio of 0.04. The stock has a 50-day moving average of $88.16 and a 200 day moving average of $87.02.

Axcelis Technologies (NASDAQ:ACLS) last announced its quarterly earnings data on Tuesday, February 17th. The semiconductor company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.37. Axcelis Technologies had a return on equity of 13.73% and a net margin of 14.33%.The firm had revenue of $238.33 million for the quarter, compared to the consensus estimate of $215.04 million. During the same quarter last year, the business posted $1.54 earnings per share. The firm’s revenue was down 5.6% compared to the same quarter last year. Axcelis Technologies has set its Q1 2026 guidance at 0.710-0.710 EPS. Equities analysts predict that Axcelis Technologies, Inc. will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Jorge Titinger sold 1,000 shares of Axcelis Technologies stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $80.00, for a total transaction of $80,000.00. Following the transaction, the director owned 6,477 shares in the company, valued at approximately $518,160. This trade represents a 13.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Russell Low sold 1,244 shares of Axcelis Technologies stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $94.06, for a total value of $117,010.64. Following the transaction, the chief executive officer owned 132,282 shares in the company, valued at approximately $12,442,444.92. The trade was a 0.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.48% of the company’s stock.

Hedge Funds Weigh In On Axcelis Technologies

Institutional investors have recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC purchased a new position in Axcelis Technologies during the third quarter worth approximately $25,000. Close Asset Management Ltd purchased a new position in Axcelis Technologies during the third quarter worth approximately $27,000. REAP Financial Group LLC purchased a new position in Axcelis Technologies during the fourth quarter worth approximately $25,000. Advisory Services Network LLC acquired a new stake in Axcelis Technologies during the third quarter worth $32,000. Finally, Caitlin John LLC acquired a new stake in Axcelis Technologies during the third quarter worth $32,000. Hedge funds and other institutional investors own 89.98% of the company’s stock.

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.