Axcelis Technologies (NASDAQ:ACLS) EVP Sells $363,538.00 in Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) EVP Robert John Mahoney sold 2,258 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $161.00, for a total value of $363,538.00. Following the sale, the executive vice president owned 12,759 shares of the company’s stock, valued at approximately $2,054,199. This represents a 15.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Axcelis Technologies Stock Up 0.3%

Shares of ACLS traded up $0.51 during midday trading on Wednesday, hitting $162.15. 572,517 shares of the company’s stock traded hands, compared to its average volume of 795,518. Axcelis Technologies, Inc. has a 1 year low of $55.93 and a 1 year high of $171.61. The firm’s fifty day moving average is $110.24 and its 200-day moving average is $94.42. The company has a current ratio of 4.59, a quick ratio of 2.99 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $4.98 billion, a price-to-earnings ratio of 50.51, a price-to-earnings-growth ratio of 13.14 and a beta of 1.93.

Axcelis Technologies (NASDAQ:ACLS) last issued its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.71 by $0.01. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The firm had revenue of $198.96 million during the quarter, compared to analyst estimates of $195.03 million. During the same quarter in the prior year, the business posted $0.88 EPS. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. As a group, sell-side analysts anticipate that Axcelis Technologies, Inc. will post 2.86 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on ACLS shares. Bank of America upped 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. Zacks Research raised Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Weiss Ratings raised Axcelis Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, April 22nd. Finally, B. Riley Financial raised Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price on the stock in a research report on Monday, April 20th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $116.25.

Institutional Investors Weigh In On Axcelis Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. grew its position in Axcelis Technologies by 85.9% during the 4th quarter. Victory Capital Management Inc. now owns 1,807,404 shares of the semiconductor company’s stock worth $145,207,000 after purchasing an additional 835,242 shares during the period. Reinhart Partners LLC. grew its position in Axcelis Technologies by 6.0% during the 3rd quarter. Reinhart Partners LLC. now owns 1,610,332 shares of the semiconductor company’s stock worth $157,234,000 after purchasing an additional 91,788 shares during the period. Dimensional Fund Advisors LP grew its position in Axcelis Technologies by 0.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 844,097 shares of the semiconductor company’s stock worth $78,565,000 after purchasing an additional 3,057 shares during the period. Goldman Sachs Group Inc. grew its position in Axcelis Technologies by 7.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 635,393 shares of the semiconductor company’s stock worth $31,560,000 after purchasing an additional 44,275 shares during the period. Finally, Invesco Ltd. grew its position in Axcelis Technologies by 23.8% during the 4th quarter. Invesco Ltd. now owns 478,897 shares of the semiconductor company’s stock worth $38,475,000 after purchasing an additional 92,162 shares during the period. 89.98% of the stock is owned by institutional investors and hedge funds.

About Axcelis Technologies

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.