Axcelis Technologies (NASDAQ:ACLS) VP Todd Sutton Sells 2,574 Shares of Stock

Axcelis Technologies, Inc. (NASDAQ:ACLS) VP Todd Sutton sold 2,574 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $163.89, for a total transaction of $421,852.86. Following the transaction, the vice president owned 7,817 shares in the company, valued at $1,281,128.13. This represents a 24.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Axcelis Technologies Stock Performance

NASDAQ:ACLS opened at $155.18 on Friday. Axcelis Technologies, Inc. has a 1 year low of $55.93 and a 1 year high of $171.61. The firm’s fifty day simple moving average is $114.63 and its 200 day simple moving average is $95.94. 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 firm has a market capitalization of $4.77 billion, a PE ratio of 48.34, a PEG ratio of 12.87 and a beta of 1.93.

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

Analysts Set New Price Targets

A number of research firms recently issued reports on ACLS. Zacks Research upgraded shares of Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Weiss Ratings lowered shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday. Finally, B. Riley Financial upgraded shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price on the stock in a research note on Monday, April 20th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Axcelis Technologies currently has a consensus rating of “Hold” and an average price target of $116.25.

Institutional Trading of Axcelis Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Close Asset Management Ltd acquired a new stake in Axcelis Technologies in the 3rd quarter worth $27,000. REAP Financial Group LLC acquired a new stake in Axcelis Technologies in the 4th quarter worth $25,000. Advisory Services Network LLC acquired a new stake in Axcelis Technologies in the 3rd quarter worth $32,000. Caitlin John LLC acquired a new stake in Axcelis Technologies in the 3rd quarter worth $32,000. Finally, EverSource Wealth Advisors LLC grew its position 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 purchasing an additional 267 shares during the last quarter. 89.98% of the stock is currently 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.