Axcelis Technologies, Inc. $ACLS Stock Position Increased by State of Alaska Department of Revenue

State of Alaska Department of Revenue raised its position in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 42.7% in the fourth quarter, HoldingsChannel reports. The firm owned 22,568 shares of the semiconductor company’s stock after acquiring an additional 6,758 shares during the period. State of Alaska Department of Revenue’s holdings in Axcelis Technologies were worth $1,812,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Salomon & Ludwin LLC bought a new stake in shares of Axcelis Technologies during the third quarter valued at approximately $25,000. Close Asset Management Ltd acquired a new position in shares of Axcelis Technologies during the third quarter worth approximately $27,000. EverSource Wealth Advisors LLC grew its holdings in Axcelis Technologies by 145.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 451 shares of the semiconductor company’s stock worth $31,000 after buying an additional 267 shares in the last quarter. Caitlin John LLC acquired a new stake in Axcelis Technologies in the 3rd quarter valued at approximately $32,000. Finally, Advisory Services Network LLC acquired a new stake in Axcelis Technologies in the 3rd quarter valued at approximately $32,000. Institutional investors own 89.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ACLS shares. Wall Street Zen lowered Axcelis Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, January 3rd. B. Riley Financial lowered their price target on Axcelis Technologies from $94.00 to $91.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Weiss Ratings restated a “hold (c-)” rating on shares of Axcelis Technologies in a research note on Monday, December 22nd. Bank of America upped their price objective on shares of Axcelis Technologies from $90.00 to $100.00 and gave the stock an “underperform” rating in a report on Tuesday, January 13th. Finally, Zacks Research lowered shares of Axcelis Technologies from a “hold” rating to a “strong sell” rating in a research report on Friday, February 20th. 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. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $101.50.

Insider Transactions at Axcelis Technologies

In other news, Director Jorge Titinger sold 1,000 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $80.00, for a total transaction of $80,000.00. Following the completion of 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible 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 transaction of $117,010.64. Following the completion of the transaction, the chief executive officer directly owned 132,282 shares in the company, valued at $12,442,444.92. This represents a 0.93% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.49% of the stock is owned by insiders.

Axcelis Technologies Stock Performance

ACLS opened at $118.73 on Friday. The business has a 50 day moving average price of $92.31 and a two-hundred day moving average price of $87.93. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.77 and a quick ratio of 3.11. The company has a market capitalization of $3.65 billion, a price-to-earnings ratio of 31.33, a price-to-earnings-growth ratio of 14.20 and a beta of 1.65. Axcelis Technologies, Inc. has a 1-year low of $43.00 and a 1-year high of $121.84.

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

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.