Axcelis Technologies, Inc. $ACLS Shares Sold by James Investment Research Inc.

James Investment Research Inc. lowered its position in shares of Axcelis Technologies, Inc. (NASDAQ:ACLSFree Report) by 58.8% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 3,408 shares of the semiconductor company’s stock after selling 4,873 shares during the period. James Investment Research Inc.’s holdings in Axcelis Technologies were worth $317,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of ACLS. UBS Group AG raised its stake in shares of Axcelis Technologies by 67.6% during the fourth quarter. UBS Group AG now owns 213,388 shares of the semiconductor company’s stock valued at $17,144,000 after purchasing an additional 86,065 shares in the last quarter. Oliver Luxxe Assets LLC bought a new position in Axcelis Technologies in the 4th quarter valued at about $1,451,000. Burney Co. acquired a new position in Axcelis Technologies during the 4th quarter valued at about $1,986,000. ABN Amro Investment Solutions increased its stake in Axcelis Technologies by 42.6% during the 4th quarter. ABN Amro Investment Solutions now owns 24,798 shares of the semiconductor company’s stock valued at $1,992,000 after buying an additional 7,408 shares during the period. Finally, Intech Investment Management LLC raised its position in shares of Axcelis Technologies by 129.0% during the 4th quarter. Intech Investment Management LLC now owns 40,463 shares of the semiconductor company’s stock worth $3,251,000 after buying an additional 22,792 shares in the last quarter. Institutional investors and hedge funds own 89.98% of the company’s stock.

Insider Activity at Axcelis Technologies

In other news, EVP Gerald M. Blumenstock sold 1,161 shares of Axcelis Technologies stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $152.70, for a total transaction of $177,284.70. Following the completion of the sale, the executive vice president directly owned 20,493 shares in the company, valued at $3,129,281.10. The trade was a 5.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Christopher Tatnall sold 1,166 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $149.75, for a total value of $174,608.50. Following the completion of the transaction, the executive vice president owned 27,627 shares in the company, valued at $4,137,143.25. This represents a 4.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 34,795 shares of company stock worth $5,344,383. 0.49% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on ACLS shares. Weiss Ratings cut shares of Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 12th. Zacks Research raised Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Bank of America boosted their price objective on Axcelis Technologies from $130.00 to $156.00 and gave the stock an “underperform” rating in a report on Tuesday, June 23rd. Finally, B. Riley Financial raised shares of Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 price objective for the company in a research note on Monday, April 20th. Three investment 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 MarketBeat.com, Axcelis Technologies currently has a consensus rating of “Hold” and a consensus target price of $130.25.

Check Out Our Latest Stock Analysis on ACLS

Axcelis Technologies Trading Down 19.0%

NASDAQ ACLS opened at $144.50 on Friday. Axcelis Technologies, Inc. has a 1-year low of $65.64 and a 1-year high of $193.78. 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 company has a market capitalization of $4.44 billion, a PE ratio of 45.02, a price-to-earnings-growth ratio of 12.63 and a beta of 1.88. The firm’s fifty day simple moving average is $160.64 and its 200-day simple moving average is $115.68.

Axcelis Technologies (NASDAQ:ACLSGet Free Report) last announced its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.72 earnings per share (EPS) for the quarter, topping 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 business had revenue of $198.96 million during the quarter, compared to analyst estimates of $195.03 million. During the same period last year, the company earned $0.88 earnings per share. Axcelis Technologies’s quarterly revenue 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 3.21 earnings per share for the current fiscal year.

About Axcelis Technologies

(Free Report)

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.

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Institutional Ownership by Quarter for Axcelis Technologies (NASDAQ:ACLS)

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